Object Record

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Title Stock certificate: North River Derrick Company issued to Andrew Fletcher, Jr. for 2 shares at $100 per share, Hoboken, dated February 16, 1898.
Object Name Certificate, Stock
Catalog Number 2006.031.0002
Collection W. & A. Fletcher Company Collection
Credit Museum Purchase.
Description Stock certificate of the North River Derrick Company issued to Andrew Fletcher, Jr. for 2 shares at $100 per share, Hoboken, February 16, 1898; cancelled July 29, 1919. 6" high x 9-1/2" wide.

Certificate no. 19. Signed by Andrew Fletcher, twice on the front, as Treasurer and President; also signed on the back as Andrew Fletcher, Sr. Document tax stamp on reverse; "cancelled 12/21/22; N.R.D. Co." No corporate seal. Holographic red ink cancellation diagonally across front of certificate: "Cancelled July 29th 1919 | No. 32 issued instead | H[enry] N Fletcher | Vice Prest."

Apparently this was a related or subsidiary company of the W. & A. Fletcher Company that had been based in Hoboken since 1890. The "North River" part of the name of this company apparently came from "The North River Iron Works" which was the original name of the main site of W. & A. Fletcher Company (although it had other business names prior to the one it is now known as) from the time it was founded in 1853. It was still in use as the company's name as seen on its stock certificate - see object 2006.031.0001.

This stock was issued to Andrew Fletcher, Jr. who was in the family business and succeeded his father as President and Treasurer when Fletcher, Sr. died on August 7, 1905. Henry N. Fletcher, another son of Andrew, Sr., served as Secretary upon their father's death and later became Vice President.

The son of Andrew, Jr.(who dropped the Jr. after his father's death) was also known as Andrew, Jr. (he would have been Andrew Fletcher III). He also became an employee and as of 1923 was Secretary of the firm.
Date 1898-1919
Year Range from 1898
Year Range to 1919
People Fletcher, Andrew
Fletcher, Andrew, Jr.
Fletcher, Henry N.
Fletcher, Andrew (III)
Search Terms W. & A. Fletcher
North River Iron Works
North River Derrick Company
Caption front
Imagefile 049\20060310002.TIF
Classification Business & Commerce