125
New York and New Haven Railroad Stock Certificates
Collection, MS B143
1853 – 1854
In 1853-54, Robert Schuyler issued some $2 million in unauthorized stock of the New York and New Haven Railroad. This was America's first large-scale stock fraud. Schuyler, who was president of the railroad, had helped develop several other railroads and was known as "America's first railroad king."
Loading...