1867 Credit Foncier of America re Union Pacific Railroad Land Stock Certificate


1867 Credit Foncier of America re Union Pacific Railroad Land Stock Certificate

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1867 Credit Foncier of America re Union Pacific Railroad Land Stock Certificate :
$69750.00


FANTASTIC - part of the building of the Transcontinental Railroad -- signed by George Francis Train -- This is reported to be the only that is known in private hands --Antique Original Vintage Stock Certificate --- this is guaranteed to be Genuine and Original -
Credit Foncier of AmericaIndustryFinancing,railroads,real Nebraska
Denver, Colorado
Tacoma, WashingtonKey peopleGeorge Francis Train

Credit Foncier of Americawas a late 19th-centuryfinancingandreal estatecompany inOmaha, Nebraska. The company existed primarily to promote thetownsitesalong theUnion Pacific Railroad,and was incorporated by a special act of theNebraska Legislaturein 1866.Credit Foncier was said to be "intimately connected with all the early towns along the Union Pacific.

While related toGeorge Francis Train's Crédit Mobilier company, Credit Foncier was not involved in theCrédit Mobilier scandalsthat tore that organization apart.


Founded, controlled, and initially owned by eccentric railroad booster George Francis Train, Credit Foncier was named afterCredit Foncier de France.Along with support from businessmanCyrus McCormick, Omaha bankerAugustus Kountzewas among the original "special commissioners" appointed by the Legislature to form the company.The company is said to have been organized to "profitably dispose" of the Union Pacific'sland grantacreage.

The company owned almost 5000 lots in Omaha; 1000 inCouncil Bluffs, Iowa, and several hundred inColumbus, Nebraska, along with other land along the Union Pacific mainline.[Train once explained, "One of my plans was the creation of a chain of great towns across the continent, connectingBostonandSan Franciscoby ahighwayof magnificent cities."[The company built a hotel it called the "Credit Foncier" inCleveland, Nebraskain 1868; it was moved to Columbus the next year. George Train, with so much land in the city, predicted a great future for Columbus.[ Train is credited with writing newspaper articles and delivering speeches in which he promoted the town, calling it, "Columbus, the new center of the Union and quite probably the future capital of the U.S.A."

Train served as president of the company;George P. Bemis, who later became mayor of Omaha, was the secretary.Train built theCozzens House Hotelin Omaha. He also developed a tract at the southern edge of Omaha, originally called "Train Town" for its owner and still entitled "Credit Foncier Addition" in city records. This yielded Train "a small fortune" as he sold homes and empty lots to new settlers.

Train later moved the headquarters of Credit Foncier toDenver, Colorado, and again toTacoma, Washington. Along with Omaha, Train promised each city it would become the "gleaming metropolis" of the Union Pacific.[
George Francis TrainBornMarch 24, 1829
Boston, Massachusetts, USDiedJanuary 5, 1904(aged74)
New York City,New York, US

George Francis Train(March 24, 1829 – January 5, 1904) was an American entrepreneur who organized theclipper shipline that sailed around Cape Horn to San Francisco; he also organized theUnion Pacific Railroadand theCredit Mobilierin the United States in 1864 to construct the Eastern portion of theTranscontinental Railroad, and ahorse tramwaycompany in England while there during theAmerican Civil War.

In 1870 Train made the first of three widely publicized trips around the globe. He believed that a report of his first journey in a French periodical inspiredJules Verne's novelAround the World in Eighty Daysand the protagonistPhileas Foggmay partially be modeled on him.

In 1872 he ran forPresident of the United Statesas an independent candidate. That year, he was jailed on obscenity charges while defendingVictoria Woodhullagainst charges regarding a report her newspaper had published on an alleged adulterous affair. Despite his many business successes in early life, he was known as an increasingly eccentric figure inAmericanandAustralianhistory.

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Early life and education

George Francis Train was born on March 24, 1829, inBoston, son of Oliver Train and his wife Maria Pickering. He had a cousinAdeline, who later became a noted author. His parents and three sisters died in a yellow fever epidemic in New Orleans in 1833 when George was four.He was raised by his strictMethodistgrandparents in Boston. They hoped George would become aminister. He attended common schools. He did not go into the ministry as he sought more adventure in his life.

]]please see my other listings as i will be selling many hundreds of wonderful documents from an Old Time Collection over the next year - thanks

1867 Credit Foncier of America re Union Pacific Railroad Land Stock Certificate :
$69750.00

Buy Now