DescriptionWilliam Few War of 1812 Six Percent Stock Certificate Signed as Federal Commissioner of Loans. Endorsed on the Verso by John Jacob Astor. One page, 10.75" x 6", New York, June 12, 1816. William Few was a lifelong politician and one of this nation's founding fathers, representing the state of Georgia at the Constitutional Convention. Few signed this decorative stock certificate, issued to "John Ferguson of New York," which bears 6% interest on Ferguson's $500 investment.
In order to fund its military efforts during the War of 1812, the United States sold stock certificates like this one, in four separate issues ($11 million in May 1812, $16 million in January 1813, $7.5 million in August 1813, and $25 million in March 1814), this certificate being from the last of the four government loans. When Few signed this stock certificate, he did so as the Federal Commissioner of Loans, while at the same time serving as the second president of City Bank of New York, known today as Citigroup. It is boldly signed "W Few" at lower right. With an endorsement signature by John Jacob Astor on the verso. Moderate age toning, with two tiny chips and two small areas of fold separation at lower edge. Professional strengthening of center fold. Quite rare and in fine condition.
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