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قراءة كتاب Bank of the Manhattan Company, Chartered 1799: A Progressive Commercial Bank
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Bank of the Manhattan Company, Chartered 1799: A Progressive Commercial Bank
title="FORM OF EARLY STOCK CERTIFICATE" tag="{http://www.w3.org/1999/xhtml}img"/> FORM OF EARLY STOCK CERTIFICATE
The Bill was passed April 2d, 1799, and by April 22d books were opened for public subscription to the $2,000,000 Capital Stock of the Manhattan Company, the par value of which was $50. These original books are still in the possession of the Company, and contain the signatures of many of the prominent men of the time. By May 15th the entire amount had been subscribed by several thousand persons—the City of New York having taken 2,000 of the shares. The Charter provided that the Recorder of the city should be ex-officio a director of the Company, a provision which was in effect for 108 years, until the abolition of the office in 1907.
SUBSCRIPTIONS OF DIRECTORS Reproduced from original subscription book
OATH OF FIRST PRESIDENTTHE WATER SYSTEM
At the first meeting of the Directors, held at the house of Edward Barden, Innkeeper, on April 11th, 1799, the following Directors were present:
DANIEL LUDLOW,
JOHN WATTS,
JOHN B. CHURCH,
BROCKHOLST LIVINGSTON,
WILLIAM LAIGHT,
PASCAL N. SMITH,
SAMUEL OSGOOD,
JOHN STEVENS,
JOHN B. COLES,
JOHN BROOME,
AARON BURR, and
RICHARD HARRISON,
Recorder of the City of New York,
Ex. Officio,
the only absentee being William Edgar.
Daniel Ludlow was chosen President, and the following minute was made:
The principal object of this incorporation being to obtain a supply of pure and wholesome water for the City of New York.
Resolved that Samuel Osgood, John B. Coles and John Stevens be a committee to report with all convenient speed the best means to be pursued to obtain such supply.
OLD WOODEN WATER MAINSOn May 6th, 1799, the water committee was empowered "to contract for as many pine logs as they may think necessary for pipes and also for boring the same."
| Cornelius W. Lawrence Mayor of New York who, after the fire of 1835, advocated developing a water supply from State rather than local sources. ("State Security") |
Robert White Cashier of the Manhattan Company |
The Old Watchdog of the Manhattan Company Every morning he would sit on the front stoop, greet each clerk as he arrived and accompany him to his desk |
A number of wells were sunk, reservoirs and tanks built, and the