GOVERNOR CHARLES EDISON - STOCK CERTIFICATE SIGNED 09/18/1929 - HFSID 32227
Sale Price $414.00
Charles Edison, son of Thomas Edison, signed this certificate for 250 shares in the Edison Portland Cement Company in 1929.
Stock Certificate signed: "Charles Edison" as President and "H.F. Miller" as Treasurer of The Edison Portland Cement Company, 15x7¾ with 117¾ certificate and 4x7¾ receipt portion affixed at left margin; certificate has a perforated left edge. Sept. 18, 1929. Certificate No. 1947, certifying that "Richard W. Baker is the owner of One Hundred shares of the common capital stock of the Edison Portland Cement Company...." Part of a capitalization of 300,000 shares: 240,000 shares of common stock at $6 each; 60,000 shares of preferred stock at $50 each. This stock (original Certificate No. 1708) was transferred from Thomas A. Edison on November 19, 1926. On verso, stock is transferred by Baker to Thomas A. Edison Inc. on June 6, 1930. CHARLES EDISON (1890-1969, born in West Orange, New Jersey), the eldest of the two sons of inventor THOMAS A. EDISON (1847-1931, born in Milan, Ohio) and his second wife, Mina Miller, briefly served as President Franklin Delano Roosevelt's Secretary of the Navy in 1940 before being elected Governor of New Jersey (1941-1944). The Edison Portland Cement Company, organized by Thomas Edison on April 15, 1899, was the fourth largest producer of cement in the U.S. by the mid-1920s. In the winter of 1901, the inventor had supervised construction of the Edison Portland Cement Company works at Stewartsville, New Jersey, near large limestone deposits. An explosion at the company's coal grinding plant in 1903 resulted in the death of eight workers, including Chief Engineer Edward A. Darling, and the closure of the plant for redesign. By 1905, the company was producing 3,000 barrels of cement per day. Three years later, Edison signed a cross-licensing agreement with the North American Portland Cement Company for mutual use of important cement patents. Lightly toned, foxed, creased and rippled. Normal cancellation stamps and punches, which touch signatures. Receipt torn at left edge. Folded once. Otherwise in fine condition.
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