![HOLLADAY, Benjamin (1819-1887). Prospectus of, and Subscriptions to the Holladay Overland Mail and Express Co. [wrapper title]. New York: J.M. Burnett, Stationer and Printer, [1865].](https://www.christies.com/img/LotImages/2003/NYR/2003_NYR_01318_0273_000(070555).jpg?w=1)
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HOLLADAY, Benjamin (1819-1887). Prospectus of, and Subscriptions to the Holladay Overland Mail and Express Co. [wrapper title]. New York: J.M. Burnett, Stationer and Printer, [1865].
2o (350 x 215 mm). 3 leaves printed on recto, 2 leaves lined paper with printed captions for entering subscriptions, leaf of printed wrapper with docket title as above. Folded, metal staple at head.
Thomas W. Streeter's description cannot be improved on: "This is an apparently unrecorded scheme of Holladay's to sell all or a part of his famous Overland Stage Line to the public. The Holladay Overland Mail and Express Company was to be formed to take over the business as of October 1, 1865, with a capital stock of $3,000,000, of which $500,000 was reserved for working capital. The receipts of the line for the three months ending January 1, 1865 were said to be at the rate of $1,600,000 per annum with a cost of operation not in excess of $800,000. Holladay was to be president of the new company. Apparently the scheme was abandoned, for early in 1866 Holladay forced his rival, David A. Butterfield (not the John Butterfield of the southern mail route) to sell out the recently organized Overland Despatch, the competing line from Atchison to Denver, and in the fall of 1865 Holladay himself sold his whole enterprise to Wells, Fargo, & Company" (Streeter V:3112).
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Thomas W. Streeter's description cannot be improved on: "This is an apparently unrecorded scheme of Holladay's to sell all or a part of his famous Overland Stage Line to the public. The Holladay Overland Mail and Express Company was to be formed to take over the business as of October 1, 1865, with a capital stock of $3,000,000, of which $500,000 was reserved for working capital. The receipts of the line for the three months ending January 1, 1865 were said to be at the rate of $1,600,000 per annum with a cost of operation not in excess of $800,000. Holladay was to be president of the new company. Apparently the scheme was abandoned, for early in 1866 Holladay forced his rival, David A. Butterfield (not the John Butterfield of the southern mail route) to sell out the recently organized Overland Despatch, the competing line from Atchison to Denver, and in the fall of 1865 Holladay himself sold his whole enterprise to Wells, Fargo, & Company" (Streeter V:3112).