World's #1 Company for Original Stock Certificates & Old Stock Research Services Since 1880 - Rated A+ by Better Business Bureau

Historic Stocks and Bonds                                              
Quality Research Service Since 1880                                   


What our customers say:




 




Derby Fishing Company - Derby, Connecticut 1808  

Derby Fishing Company - Derby, Connecticut 1808

Product #: newitem60294071

Normal Price: $159.95
Our Sales Price: $129.95

(You Save: 19%)

Qty:

PRODUCT DESCRIPTION  
Beautiful Paper Money Note from the Derby Fishing Company issued in 1808. This historic document has a vignette of a woman standing on a rock with an anchor in the middle of the sea. This item is hand signed by the Company's President ( Canfield Gillet ) and Secretary ( Sam Andrews ) and is over 201 years old. Historic with signs or wear.

Scripophily.com is a name you can TRUST!
Certificate Vignette


"Derby Fishing Company" was in its most- prosperous condition.

This company (famous in its day), was organized in Hull's tavern in Derby, January 15, 1 SO7. It carried on a very extensive fishing business on the Newfoundland Banks, taking the fish to Europe and the West Indies, and bringing home the products of those respective countries. Several of its vessels sailed regularly to Lisbon and ports in the Mediterranean, bringing home to New Haven cargoes of wine, oil, and salt. The company used the latter in preparing its fish.

The capital subscribed at the first meeting was, according to the act of incorporation, fifty thousand dollars. It was soon increased, and made two hundred thousand, the increase being allotted in shares of twenty-five dollars each.

Thc transactions of the company were, for that period, immense; and the duties which it paid during several years were equal to those paid by the three largest commercial houses of the port.

So extensive was its business transactions, that at one time a chest of specie, which was brought to Derby, required eight men to take it from the wagon and place it in the vault of the Derby bank. The bank building was the brick edifice still standing at Derby Narrows.

The newspapers of that day often spoke in high praise of the fine vessels owned by the company. Among these vessels were the " Victor," " Naugatuck" (which disappeared at sea), "Charles," " Housatonie," "Lark," "Sally," "Patriot," "Derby," and " Keziah." This latter ship, in 1S10, brought sixty Irish emigrants to New Haven direct from Belfast.

The stock of the company was owned in New Haven and Derby ; and at its inception several of the most eminent merchants of our town were directors.

After a few years of prosperity, the tide ebbed. Disasters overtook the company; several of its ships were lost at sea; others were captured and sold by the British and French admiralty orders; men to whom goods had been sold could not pay for them; and finally, in the summer of 1815, the company failed and made a disastrous ending.




The Derby Fishing Company was incorporated in 1807 to engage in fisheries ; two years later It was grantd the privilege of writing marine Insurance. On account of the Interruption of its industries by the Embargo act, it was allowed to loan its capital.

The directors of the company, considering this sufficient authorization, began the business of banking, Issuing notes of circulation. This was considered by the General Assembly an abuse of privileges granted, and the company was summoned to appear before them. The following year a charter was granted for the establishment of a bank at Derby, but with the provisoes that the fishing company should hold no stock, nor should any one of Its ofl^icials act as a director of the financial Institution.

The bank was required to furnish an annual statement to the General As- sembly; this was the first time in the history of the State that such a demand had been made. These restrictions, however, were repealed two years later.

History of the old town of Derby, Connecticut

Product #: newitem60294071

Normal Price: $159.95
Our Sales Price: $129.95

(You Save: 19%)

Qty:
 

Scripophily.com and Old Company Research Press Releases

See Stock Certificate Expert Bob Kerstein, CEO Scripophily.com
discuss Stock Certificates in Bloomberg ,  the Associated Press ,
CNBC with Jane Wells discussing the Facebook IPO,
Inside Edition and the Today Show

Subscribe to our New Free RSS New Products Feed in a Reader

Subscribe to Our New Product Additions Feed by Email


We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.



Scripophily has been
fully tested by
Norton Safe
Web

Bookmark and Share


Scripophily has been featured on CNN, CNBC, CBS, WSJ, Barrons, and many other fine publications
See Scripophily.com in the News at Scripophilynews.com


Note:
All Old Stock and Bond Certificates are actual authentic certificates and are sold only as collectibles. We do not sell reproductions and offer a lifetime guarantee to the authenticity of everything we sell.

All Rights Reserved. © 1996 - 2017

 
Scripophily.com is a name you can TRUST!
American Institute of
Certified Public Accountants

Scripophily.com is a name you can TRUST!
Virginia Society CPA's
Bob Kerstein, Member
Click to Verify Trust Certificate - Yahoo is a licensee of the TRUSTe´┐Ż Privacy Seal Program



  Scripophily.com is a name you can TRUST!
American Numismatic Association

Securities and Exchange
Commission Historical Society


Society of Paper Money Collectors
Member
Scripophily.com - Gift of History -  BBB Membership Seal
Better Business
 Bureau Member
Rated A+