Manhattan Beach Co. Consolidated 1880 Unique Approval Proof Stock Certificate
New York. (Inc. Connecticut), 1880. 100 Shares Proof Capital Stock Certificate, Black text with brown border, Men standing on beach looking at ships at top center, Train passing at bottom. Handwriting on both front and back added during proof design process. Fine condition with some damage to margins, water stain on back. Rare, only listed as a proof in Cox, ABNC. Austin Corbin was President of the Manhattan Beach Company, which built a simple wooden drawbridge in 1880. Corbin (July 11, 1827 - June 4, 1896) was a 19th-century American banking and railroad entrepreneur. He consolidated the rail lines on Long Island, bringing them under the profitable umbrella of the Long Island Rail Road (LIRR). He was the owner of Manhattan Beach, a resort in Brooklyn, New York City, from which he barred Jews. He was also the owner of the Sunnyside Plantation in Chicot County, Arkansas, from 1886 to his death in 1896, where he used convict laborers and later brought Italian immigrants to work on the land.
Estimate: USD 350 - 700