IRENEE DU PONT - STOCK CERTIFICATE ENDORSED 10/15/1918 - HFSID 176108
Sale Price $850.00
IRÉNÉE du PONT
He signed the transfer of this stock certificate in the International Mercantile Marine Company in 1918, one year before he became President of the Du Pont Corporation.
Stock certificate endorsed "Irénée du Pont -". Black ink notations on front and blue ink notations on verso, all in unknown hands, with purple, green and pink ink stamps. B/w and green, 2 pages, 11¾x7¾. Dec. 20, 1916. Certificate no. 1697 for 100 shares of 6% cumulative preferred capital stock, worth $1 per share, in the International Mercantile Marine Company. On verso, du Pont signed this certificate on Oct. 15, 1918 to transfer it to Prince & Whitely. It was cancelled on Jan. 14, 1919. Irénée du Pont (1876-1963), an MIT graduate, was President of duPont Corporation from 1919 to 1925. He remained a board member until 1958. In 1957, Fortune magazine listed him as one of the 20 wealthiest Americans, with a net worth between $200 and $400 million. He built a mansion called Xanadu in Veradero, Cuba. Lightly toned and creased. Show-through from cancellation stamp (does not touch signature). Normal cancellation holes. Pinholes along top, left and bottom edges. Light nicks in left and right edges. Lightly rounded and worn corners. Folded five times and unfolded. Otherwise in fine condition.
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