Beautiful certificate from the Fort Payne Coal and Iron issued in 1892. This historic document was printed by American Banknote Company and has an
ornate border around it with a vignette of a group of coal mine workers. This item has the signatures of the Company's President, W. P. Rice and Secretary and is over 117 years old.
The Fort Payne Coal and Iron Company was organized in November 1888. The capital of the company was established at $5,000,000, with 50,000 shares of capital stock having a par value of $100 each. Most of the $4,000,000 worth of stock offered to the public was sold in New England by W. P. Rice and his friends within five weeks after being placed on sale.
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