Fort Payne Coal and Iron Company - Alabama 1892

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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. is a name you can TRUST!
Certificate Vignette
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.