Wagner Palace Car Co. Nine (9) stock certificates 1890's

Description

Wagner Palace Car Company
This lot consists of
Nine (9)
stock certificates.
All are in fine condition, issued and punch hole cancelled. See images.
The Wagner Palace Car Company began as the New York Central Sleeping Car Company, founded in 1858 in New York City by Webster Wagner (1817-1882) in cooperation with Commodore Cornelius Vanderbilt, whose New York Central was the primary user of the four original coaches.
1890's Wagner Palace Car Co Stock Certificates
signed by William Webb
. Webster Wagner (1817-1882) invented the sleeping car. In 1858 he had four sleeping cars in operation. Eventually, improved versions were adopted on all the lines of the Vanderbilt RR system. In 1867 he manufactured the first drawing-room car, and founded the Wagner Palace Car company, of which he was president until his death. He also invented the oval car-roof, and patented the elevated panel, improving ventilation in sleeping and other passenger cars. Wagner was killed in a railroad disaster on the Hudson River Line.
William Webb was son-in-law of William Vanderbilt
and was president of several Vanderbilt RRs. VF condition, with diamond cutouts (affecting signatures).
Webb served as Inspector General of the Vermont militia with the rank of Colonel. He served a term in the Vermont Legislature in the 1890s. He was a founder and former President of the Sons of the American Revolution. The Webbs for thirty years lived at 680 Fifth Avenue, New York. This house, a wedding gift from William H. Vanderbilt to his daughter, was sold in 1913 to John D. Rockefeller. Dr. Webb was survived by his wife, Lila Vanderbilt Webb, three sons - J. Watson, William Seward, and Vanderbilt - and one daughter, Frederica.