JOHN D. ROCKEFELLER SR. - STOCK CERTIFICATE SIGNED 10/13/1883 CO-SIGNED BY: HENRY M. FLAGLER, JABEZ ABEL BOSTWICK - HFSID 354593
Sale Price $4,462.50
JOHN D. ROCKEFELLER and HENRY FLAGLER.
Stock certificate signed by company founder Rockefeller, not long after the oil giant became a trust.
Stock Certificate signed: "J.D. Rockefeller" as President, "H M Flagler" as Secretary and "J A Bostwick" as Treasurer of the Standard Oil Trust, 1p, 11½x7¼ with 4¼x7¼ receipt portion attached at left. New York, 1883 October 13. Certifying that "Frank Edward Bliss is entitled to Fifty Shares in the equity to the property held by the Trustees of the Standard Oil Trust...." Each share was valued at $100. On verso, this certificate was transferred on June 25, 1891 by "Frank Edward Bliss/per Elijah Bliss Atty". Witnessed: "George R. Blair". The Standard Oil Trust, created in January 1882, placed all stocks and properties of over a dozen oil companies (including JOHN D. ROCKEFELLER's Standard Oil Company of Ohio) into a trust, of which Rockefeller owned over a third of the combined holdings, under the control of nine trustees. The trust was dissolved by court decree in 1892. After Ohio courts dissolved the monopoly in 1892, the constituents continued to operate in unison by informal agreement forming a holding company, Standard Oil of New Jersey, in 1889. The United States Supreme Curt finally broke the trust in 1911; that year Rockefeller stepped down as Standard's perfunctory head. Rockefeller (1839-1937), the patriarch of the Rockefeller family, had organized the Standard Oil Company in 1870. HENRY M. FLAGLER (1830-1913) organized the Florida East Coast Railway in 1886, extending the line to Miami, where he built great seaside resort hotels. Rockefeller and Flagler, a grain merchant, had first joined forces in 1865. Lightly creased with folds, light vertical fold at the "H" in Flagler's signature and the "J" of Bostwick's signature. Diagonally cancellation marks at all signatures. Receipt portion rippled, slightly soiled at upper portion. Glue stains at blank left edge of certificate where receipt was attached. Overall, fine condition. Framed by the Gallery of History to an overall size of 34½x23½.
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