Northern Pacific Railroad Stock Issued To And Signed By Jules Bache

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1891, New York. Stock certificate for 10 shares. BrownBlack. Engraved vignette of a steam locomotive at top center, nice portrait vignette of Frederick Billings at bottom. Issued to and signed on verso by J.S. Bache (1861-1944) Banker, art collector and philanthropist. Beginning his career in banking as a cashier at Leopold Cahn & Co. in 1881, Bache received an interest in the business in 1886. In 1892, the firm's name was changed to J. S. Bache and Co. From the outset, the firm was successful financing numerous enterprises and becoming one of the best known and most active banking and brokerage houses in America. Bache was bought by Prudential to form until recently, Prudential Bache Securities. Extremely Fine.