Issued to the famous:The Right Hon. Lord Mount Stephen. Canada. Signed Wm. Webb

Description

Issued to the famous:
The Right Hon. Lord Mount Stephen
George Stephen, 1st Baron Mount Stephen
Known as
Sir George Stephen, Bt
, between 1886 and 1891, was a prominent
Canadian
businessman. Originally from
Scotland
, he made his fame in
Montreal
and was the first Canadian to be elevated to the
Peerage of the United Kingdom
. He was the financial genius behind the creation of the
Canadian Pacific Railway
.
He was President of the
Bank of Montreal
and is remembered as one of the greatest
philanthropists
of his time.
By 1873, he had become a director of the
Bank of Montreal
, and three years later he was elected president, in which capacity he frequently traveled to
London
and
New York City
to meet with the leading financiers there. He remained as president until 1881, resigning to turn his full attention to running the company that would build the
Canadian Pacific Railway
.
[5]
He was elected to the Montreal Board of Trade in July 1864 as a successful businessman. Stephen had begun investing in railways and formed the Canada Rolling Stock Company in 1870.
Wagner Palace Car Company Stock Certificate for 100 shares Issued  March 7, 1893
In fine condition, issued and punch hole cancelled. See images.
Stock Certificate
signed by William Webb
, President.
William Webb was son-in-law of William Vanderbilt
and was president of several Vanderbilt RRs.
The Wagner Palace Car Company began as the New York Central Sleeping Car Company, founded in 1858 in New York City by Webster Wagner (1817-1882) in cooperation with Commodore Cornelius Vanderbilt, whose New York Central was the primary user of the four original coaches.
Webb served as Inspector General of the Vermont militia with the rank of Colonel. He served a term in the Vermont Legislature in the 1890s. He was a founder and former President of the Sons of the American Revolution. The Webbs for thirty years lived at 680 Fifth Avenue, New York. This house, a wedding gift from William H. Vanderbilt to his daughter, was sold in 1913 to John D. Rockefeller. Dr. Webb was survived by his wife, Lila Vanderbilt Webb, three sons - J. Watson, William Seward, and Vanderbilt - and one daughter, Frederica.
VF condition, with diamond cutouts (affecting signatures).