Beautiful RARE certificate from the Ocean Steamship Company of Savannah
issued in 1882. This historic document was printed by the American Banknote Company and has an
ornate border around it with a vignette of a steamship. This item has the signatures of the Company’s President, E. C. Anderson and Secretary, T.M. Cunningham. The certificate was issued to the Central Rail Road and Banking Company of Georgia for 9,900 shares at a cost of $990,000.
The Ocean Steamship Company of Savannah was founded in 1872 to operate passenger and cargo steamships between Savannah and New York. The Ocean Steamship Company of Savannah became a wholly owned subsidiary of the Central Rail Road and Banking Company of Georgia.
In 1872, The Ocean Steamship Company of Savannah, known as the Savannah Line, was created for passenger and freight service between Savannah, New York, and Boston. The Savannah Line began with six steamships, which were acquired for a total of $600,000. The Ocean Steamship terminal was constructed in Savannah with slip berths and adjacent warehousing. Four railroads - the Central of Georgia, Atlantic Coast Line, Seaboard Air Line, and Southern Railway - had service into the terminal. By 1876, imports and exports through Savannah totaled $70 million.
History from Wikipedia and
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