Lot 2146

Garrison, Morgan, Fretz & Ralston Banking House Exchange & Note [155338]

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Adams & Co. Express & Banking Office Exchange, Placerville, Gold Rush Era [155382]: Very rare. Second of Exchange. Handwritten Placerville above preprinted San Francisco dateline. No. 1221, issued to Nancy Verplast on June 12, 1854. Signed Adams & Co. Also endorsed by the agent (ille

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Adams & Co. Express & Banking Office Exchange, Marysville, Gold Rush Era [155372]: Second of Exchange. Handwritten Marysville dateline over printed San Francisco. No. 7502, issued for $100 to Ruth Bair on March 29th, 1854. Signed Adams & Co. Allegorical vignette on the left and bott

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Garrison, Morgan, Fretz & Ralston Banking House Exchange & Note [155338]

Item Details

Description

Lot of 2. As listed on the left side of this exchange, this banking firm was composed of numerous power players in California and New York, including: Chas. Morgan, C.K. Garrison, R.S. Fretz, and W.C. Ralston. In 1849, CK Garrison and Ralph Stover Fretz established a transportation agency in Panama which included banking services and operated as a casino. Charles Morgan, an American railroad and shipping magnate, hired Garrison as an agent for his steamship service running through Panama. The group battled for power with Cornelius Vanderbilt when they were all involved in the Accessory Transit Company, a firm which provided transportation from New York to San Francisco, via Nicaragua. Garrison came to California during the Gold Rush and served as mayor of SF from 1853-54. Ralston co-founded the Bank of California and co-founded the Virginia & Truckee Railroad and was therefore a significant presence on the Comstock Lode. The Garrison, Morgan, Fretz & Ralston banking house was formed in 1856._x005F
_x005F
1) Very rare Duplicate of Exchange, San Francisco, Sept. 4th, 1856. Issued to Jedediah Dewey for $175 to be drawn on Charles Morgan & Co in New York. Red print on thin paper. Allegorical vignette. Printed by Toppan, Carpenter & Co. 4.5 x 9.5" Wear to edges. Signed "Garrison Morgan Fretz & Ralston." Dewey is not listed in the 1856 SF directory. 2) Handwritten receipt, San Francisco, Nov. 13th, 1857, for $100 for repairs on ditch. Signed by William R. Garrison, son of CK Garrison. When his father returned to New York in 1859, William stayed behind to watch over their business interests. 3 x 7.75"Date: 1856Country (if not USA): State: CaliforniaCity: San FranciscoProvenance:

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Garrison, Morgan, Fretz & Ralston Banking House Exchange & Note [155338]

Name: Garrison, Morgan, Fretz & Ralston Banking House Exchange & Note [155338]
SKU: 140373707
Price: 225 USD
Availability: InStock

Estimate $400 - $800

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Starting Price $200

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