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INV-26796 CORNELIUS VANDERBILT Document Signed, Ledger for Dividends of Hudson River Railroad Company, October 15, 1867, April 15, 1868, New York, New York. 2 pp., 11 x 17 in. 1867-10-15

This double-sided ledger page from the Hudson River Rail Road Company includes signatures by stockholders for receipt of payments for the 11th and 12th dividends, paid in October 1867 and April 1868, respectively. The company paid its shareholders 4 percent dividends on capital stock twice each year—in April and October. This page is signed twice by Cornelius Vanderbilt, once for the October 1867 dividends on his own 22,740 shares and again for those of his son William H. Vanderbilt’s 2,133 shares. Cornelius Vanderbilt’s shares generated $90,960, while those of his son yielded $8,532.

These two pages include the names of 42 individuals and companies that were stockholders in the Hudson River Railroad. Most entries are for from one to a few hundred shares of stock, but Work, Davis & Barton owned 3,000 shares of stock. One of Vanderbilt’s rivals for control of the Erie Railroad, James Fisk Jr. (1835-1872), later asserted that Work, Davis, and Barton held the shares on behalf of Vanderbilt.

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