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Certificate for 5 shares Shares $ 100 each No. 2437 Oregon Steam Navigation Company. This is to certify that Edwin M. Lewis Trustee of the Estate of Jay Cooke & C in bankruptcy is the owner of five shares in the Capitol Stock. . . .

1518 · 60240 — Seattle WA & Portland OR; San Francisco: Oregon Steam Navigation Company OSN Lithographers Britton Rey & Co. May 15 1874. Oblong 8vo. 9.5 x 5.25 in. 1 lithographed stock certificate printed in red & black image of OSN sidewheeler decorative borders signed by Wygant Ainsworth & Thompson at lower fore-edge transfer printed on verso signed by Edwin M. Lewis to Mrs. Kate J. Jones w/ stamps of paid dividends in 1878 and 1880. A nicely lithographed and rare original stock certificate issued in 1874 by Jay Cooke and the Northern Pacific Railroad to raise money for OSN after many of its original stockholders had sold out in 1867 as the Company continued to compete with Ben Holladay’s Pacific Mail Steamship Co. Unfortunately OSN became entangled with the declining financial woes of the Northern Pacific to the extent that by 1879 Henry Villard representing German Bondholders in 1879 purchased the OSN paid off the certificate holders by 1880 and the company disappeared into Villard’s transcontinental railroad. Edwin Lewis in Shasta OR transferred this certificate to Kate J. Jones May 1 1875 and shows the stamps of being paid off in dividends when the Northern Pacific absorbed OSN’s four railroads 26 steamboats and real estate in Portland Astoria The Dalles Umatilla OR and Vancouver WA. Oregon Steam Navigation Company (OSN), Lithographers, Britton, Rey & Co., unknown