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Details about  1886 Richmond Water Company > Maine bond certificate

1886 Richmond Water Company > Maine bond certificate

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US $100.00
Approximately AU $126.21(including postage)
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Last updated on  04 Feb, 2013 01:28:36 AEDST  View all revisions

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Old Stock Yard Collectible Stock and Bond Certificates

Richmond Water Company

Original $500 bond certificate

1886 - Richmond, Maine

Hand signed by founders, and company officers, Weston Lewis and Josiah Maxcy

Several coupons still attached

Attractive certificate with beautiful vignette

More information about the Richmond Water Company:
The Richmond Water Utility has a rich history. Weston Lewis and Josiah Maxcy of Gardiner founded the system in 1886. They were called the Richmond Water Company. Their source was the Kennebec River. They had a steam pump that pumped 600 gallons per minute of water to a 750,000 gallon open reservoir. There were 54 dwellings, 4 barns, 1 dairy farm, and 4 stores when the system was started. In 1898 they defaulted on their loan payment  and the Richmond Water Company was purchased by a group of bond holders at auction for $42,000. A new corporation was born under the name of Richmond Waterworks where it stayed from 1898 to 1978.

In 1917 it became apparent that the quality of the Kennebec River was worsening and the Waterworks set up a purification system. In 1920, after several complaints about water quality, the Maine Public Utilities Commission stepped in and ordered the Waterworks to install a filtration plant. In addition they condemned the Town of Richmond for discharging sewage waste into the Kennebec River upstream of the water intake. In 1954 the Waterworks was forced to find another source due to the continued deterioration of the Kennebec River. It was well known that there was a gravel bed over on the other side of the river in Dresden. They had harvested gravel out of it for years but they had gotten to the point where there was too much groundwater for them to operate the gravel pit. R. E. Chapman came in and drilled a 60 foot gravel packed well that pumped 600 gallons per minute. Thirty eight hundred feet of river crossing was installed and the new source was put into service.

In 1964 the Richmond Utilities District was created as a quasi municipal entity. Richmond was the second community on the Kennebec River to have a working and operating collection and waste water treatment system. In 1976, after several years of financial trouble, the Richmond Utilities District purchased the Richmond Waterworks. They conducted a capital improvement plan. Since then there have been several improvements. They replaced the open reservoir with a welded steel 500,000 gallon tank. In 1989 the primary waste water treatment plant was upgraded to a secondary plant that is still in operation today. We have installed a second water storage vessel and have extended water and sewer mains and made many upgrades across the system. ~Information from the 2009 Journal of the Maine Water Utilities Association

Old Stock Yard Policies and FAQs

Please visit my eBay store – any combined certificate purchases ship free with auction items!

Shipping and Handling Charges:
$2.99 for one certificate to the U.S.
$10.99 for one certificate to the rest of the world

Additional, combined certificate purchases ship for free!

Shipping Method and Timing:
Certificates are carefully packaged in poly bags and rigid envelopes to protect them during shipment. Items are sent via U.S.P.S. – usually first class, but occasionally priority or parcel post. Most items will be mailed within 48 hours of payment.  

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In accordance with eBay policy, my listings are setup to accept Paypal payments. Sellers are allowed to accept other forms of payment only if the buyer requests another payment method – so if you prefer to pay using a method other than Paypal, please let me know.

Return Policy:
Items can be returned for any reason within 15 days of purchase. A full refund will be issued upon receipt of the return if the item is the same condition it was in upon delivery.

Are you your certificates authentic or copies?
Everything I sell is original and authentic. I do not sell copies or reproductions.

Is the certificate pictured the exact one I will receive?
Usually, yes. Occasionally, I do list certificates of the same type without rescanning. In this case, the certificate you receive will be virtually identical (same color, size, vignette, etc.) to the one pictured. Again, if you ever receive anything from me you are not 100% pleased with, you can return it for a full refund.

What is the best way to store, protect, and display my certificate collection?
The best thing, by far, that I have come across for storing certificates are profolios and sleeves made by Itoya. You can purchase them in my eBay store. I have several sizes available.

Do the certificates you sell have financial value?
No, these certificates are sold as collectibles only; although they are authentic, they no longer hold financial value.

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Item location: Jacksonville, Florida, United States
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Refund will be given as
14 days after the buyer receives it
Money back or item exchange (buyer's choice)
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Refunds by law: In Australia, consumers have a legal right to obtain a refund from a business for goods purchased if the goods are faulty, not fit for purpose or don't match description. More information at returns - opens in a new window or tab.

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Thank you for your purchase! I accept most forms of payment, contact me with your preference.

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