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- North Point Land Company stock certificate c1905 (Baltimore Maryland)
North Point Land Company stock certificate c1905 (Baltimore Maryland)
North Point Land Company stock certificate c1905 (Baltimore Maryland)
Product Description
North Point Land Company stock certificate circa 1905 (Maryland)
Nice Baltimore County MD collectible with a nice vignette of an eagle perched with an American shield. Unissued and not cancelled. Circa 1905 from company records. Dated 190_.
Incorporated 1905 in Maryland, the company got its lands from Franklin Roberts to help develop the Baltimore, Sparrows Point, and Chesapeake Railway as well as streetcar companies to operate warehouse storage and docks. The company later developed 500 acres of the land for residential purposes into today's Edgemere MD. The company was based in Baltimore at Fayette and Calvert streets. Currently, the company operates as a private company engaged in commercial real estate as owner and developer.
In February 1905, the North Point Land Company sold 30 acres on Shallow Creek to the Baltimore, Sparrows Point & Chesapeake Railway Company. By 1906, the property was in the hands of United Railways by lease. In1906, the Baltimore, Sparrows Point and Chesapeake Railway Company hoped to have the work of construction on its Bay Shore extension from Sparrows Point sufficiently advanced to admit opening the line to Fort Howard and Bay Shore Park. In 1907, the North Pont Land Company transferred land to Maryland Electric Railways for the Bayshore Power House. The park closed in 1947 and the majority of park attractions were demolished in the 1950s after the Bethlehem Steel Corporation acquired the property. Remaining built resources include the pier, fountain, trolley station, building foundations, sidewalk system, and trolley power plant. The Maryland Department of Natural Resources acquired nearly 1,316 acres for the future North Point State Park from Bethlehem Steel Corporation in 18 parcels in 1987.
The nation-wide expansion of heavy industry during the late nineteenth century began to affect the Patapsco Neck area after 1885. In 1886, the Pennsylvania Steel Company established blast furnaces at Sparrows Point. The site, directly across from North Point, was selected because of its transportation access to Steelton, Pennsylvania, the company's home base, where the pig iron produced during the blasting process was converted into steel. The firm initially purchased 1,200 acres at Sparrows Point. As eventually built, the massive complex included a workers' village; four furnaces, each with a capacity of producing 250 tons per day; freight and passenger pier facilities; and railroad connections via the independently owned Baltimore & Sparrows Point Railroad Company, which fed into the Pennsylvania and Baltimore & Ohio Railroads. In 1889, the Chesapeake Mills lumber processing company was established; it produced about 250,000 board ft of lumber per day to supply the needs of the expanding steel mill. Starting with a population of less than 1,000, the Sparrows Point complex eventually grew to include 1,200 houses with a population of over 8,000 by the 1920s. The town had all the conveniences of a small city: a modern sewage system, electricity, gas, and heat from the mills piped in. Transportation included a double track trolley line to Baltimore.
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