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Encyclopedia Dubuque

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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.




DUBUQUE CENTRAL IMPROVEMENT COMPANY: Difference between revisions

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DUBUQUE CENTRAL IMPROVEMENT COMPANY. The Dubuque Cenral Improvement Company was organized in January 1857 with capital of $2,100,000. The company owned two islands with a total of 28 acres and shallows to make a total of sixty acres.  They waned to build a levee across the property and run 1st and 4th [[STREETS]] to the edge of the [[MISSISSIPPI RIVER]]. They issued post notes in December 1857. The stock holders were individually liable for the notes.  They were made payable at different times and bore then percent interest.  The notes failed in 1858.
DUBUQUE CENTRAL IMPROVEMENT COMPANY. The Dubuque Cenral Improvement Company was organized in January 1857 with capital of $2,100,000. The company owned two islands with a total of 28 acres and shallows to make a total of sixty acres.  They waned to build a levee across the property and run 1st and 4th [[STREETS]] to the edge of the [[MISSISSIPPI RIVER]]. They issued post notes in December 1857. These were made payable at different times and bore ten percent interest.  The notes failed in 1858.


Notes were hand dated from December 9, 1857 to February 10, 1858. Signatures are by F.V. Goodrich, president and Rob't M. Walmsley, secretary.  Notes are also countersigned by H.A. Littleton, register. There is an engraved '18' for the date.  All stockholders were liable for payment of notes and their names were printed on the backs of all the notes. Serial numbers found up to 9558 on $1, 8364 on $3. Printers were Wellstood, Hay, Whiting, New York and Chicago.
Notes were hand dated from December 9, 1857 to February 10, 1858. Signatures are by F.V. Goodrich, president and Rob't M. Walmsley, secretary.  Notes are also countersigned by H.A. Littleton, register. There is an engraved '18' for the date.  All stockholders were liable for payment of notes and their names were printed on the backs of each note. Serial numbers went up to 9558 on $1 and 8364 on $3. Printers were Wellstood, Hay, Whiting, New York and Chicago.


Information provided by ''Iowa: Obsolete Notes and Scrip'' by Dean G. Oakes
Information provided by ''Iowa: Obsolete Notes and Scrip'' by Dean G. Oakes

Revision as of 18:06, 21 February 2010

DUBUQUE CENTRAL IMPROVEMENT COMPANY. The Dubuque Cenral Improvement Company was organized in January 1857 with capital of $2,100,000. The company owned two islands with a total of 28 acres and shallows to make a total of sixty acres. They waned to build a levee across the property and run 1st and 4th STREETS to the edge of the MISSISSIPPI RIVER. They issued post notes in December 1857. These were made payable at different times and bore ten percent interest. The notes failed in 1858.

Notes were hand dated from December 9, 1857 to February 10, 1858. Signatures are by F.V. Goodrich, president and Rob't M. Walmsley, secretary. Notes are also countersigned by H.A. Littleton, register. There is an engraved '18' for the date. All stockholders were liable for payment of notes and their names were printed on the backs of each note. Serial numbers went up to 9558 on $1 and 8364 on $3. Printers were Wellstood, Hay, Whiting, New York and Chicago.

Information provided by Iowa: Obsolete Notes and Scrip by Dean G. Oakes

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