|Title||Stock certificate: North Hudson Driving Park Assn., Hoboken, 1 share issued to William Keuffel, July 10, 1890.|
|Object Name||Certificate, Stock|
|Collection||Hoboken Commerce Collection|
|Credit||Museum Collections. Gift of a friend of the Museum.|
|Scope & Content||
Stock certificate: one share of North Hudson Driving Park Association, Hoboken, capital stock issued to William Keuffel, July 10, 1890. Par value $100. Certificate No. 12. Receivership dividend inkstamp with ink entries of February 2, 1899. Printed certificate, 7" x 10" wide; perforated left edge; two holes top margin. Holographic entries and red seal with corporation emboss. Printed by H.D. Gerdts, Printer, 27 Park Place, N.Y.
The Association was incorporated March 29, 1885 as presented by the corporate seal. It held its first races on August 18, 1885. This certificate was for a capital stock increase to $425,000 as filed on June 27, 1890. The President who issued the stock was a Hoboken notable, Lawrence Fagan, a foundry owner and who served as Mayor of Hoboken, 1894-1901. The signatures of the treasurer (John N. ______) and receiver are not legible.
Stock owner William Keuffel was a Hoboken resident and involved in the Keuffel & Esser Company which had its main factory in Hoboken. It is believed that he was W.G. Keuffel also known as Willy although this is not definite - there were three Keuffel men in this era who used William as their first name. He received only $16.71 in 1899 from the receiver (stated as Jersey City, presumably the County Court) for his one hundred dollar investment.
The history of the racetrack is not well established.
This race course for trotting was variously described in three The New York Times articles from 1885 as located "nearly midway between West Hoboken and Weehawken" and "above Weehawken". See notes. It did apparently have its offices in Hoboken as an 1888 telephone directory has it listed as Hoboken 137 in the Jersey City exchange.
With: printouts of articles from The New York Times archives
August 17, 1885: Turf Contests in Hoboken.
(partial text: The North Hudson Driving Park Association, whose track is in Hoboken, N.J., announces a two days' opening meeting on Aug. 18 and 19 and a Fall Meeting on Sept. 23, 24, and 25.)
August 19, 1885: Jersey's New Driving Park.
August 20, 1885: A Successful Day's Racing. The North Hudson Driving Association Park Contests.
September 25, 1885: Trotting at Weehawken. Winners in the North Hudson Driving Association Park Contests.
July 28, 1888: Trotting at Guttenberg.
(partial text: There was good sport at the North Hudson Driving Park, Guttenberg, N.J., yesterday, though the track was very muddy ...)
|Year Range from||1890|
|Year Range to||1899|
North Hudson Driving Association
Business & Commerce