JAMES BUCHANAN DUKE - STOCK CERTIFICATE SIGNED 02/16/1916 - HFSID 285926

JAMES B. DUKE
Very rare stock certificate for 1000 Shares of the Common Capital Stock of One Hundred Dollars each of the P. Lorillard Company, signed by Duke as President of Southern Investment Co., of Canada
Stock Certificate signed: "JB Duke" as President of Southern Investment Co., of Canada, Limited on verso, 1p, 12x7¾. New York, 1913 May 6. Certificate 2881, certifying "that Southern Investment Co., of Canada, Limited is the owner of One thousand Shares of the Common Capital Stock of One Hundred Dollars each of P. Lorillard Company...." Also signed by the Treasurer and Vice President of P. Lorillard Company. THE P. LORILLARD COMPANY, founded by Pierre Lorillard in New York in 1760 to process tobacco, cigars and snuff, is today the oldest tobacco company in the U.S. In 1890, JAMES BUCHANAN DUKE founded the American Tobacco Company, which controlled 150 factories with a capitalization of $502 million at the time it was dissolved by order of the U.S. Supreme Court in 1911. Duke also had a number of hydroelectric power interests. In 1916, the Southern Investment Co. of Canada was assigned to Duke's Orlando Water Power Corp. Duke's wealth enabled him to endow a number of educational institutions, including Trinity College (now Duke University). Label of "The New York Trust Company," affixed over a line of printed text. Revenue stamps (two $10, one $20) affixed on verso. Slightly creased and rippled. Cancellation holes not at signature. Otherwise, fine condition.