VICE PRESIDENT CHARLES G. DAWES - STOCK CERTIFICATE SIGNED 10/04/1915 CO-SIGNED BY: HENRY MAY DAWES - HFSID 30061
Sale Price $1,190.00
Reg. $1,400.00
CHARLES G. DAWES and HENRY M. DAWES
A stock certificate signed by the Vice President to certify that he owns 100 shares of The Chicago, Rock Island and Pacific Railway Company. His brother, a prominent businessman, acts as witness
Stock Certificate signed on verso: "Charles G. Dawes", 1p, 12x8. October 4, 1915. In part: "This is to certify that Charles G. Dawes is the owner of one hundred full paid and non-assessable shares of the capital stock of The Chicago, Rock Island and Pacific Railway Company of the par value of One hundred Dollars ($100) each…." CHARLES G. DAWES (1865-1951) was a United States politician who most notably served as Vice President of the United States under President Calvin Coolidge (1925-1929). He was at McKinley's side as United States Comptroller of the Currency (1897-1902) when the President died in 1901, the victim of an assassin's bullet. Dawes organized and served as first President (1902-1921) and Chairman of the Board (1921-1925) of the Central Union Trust Co. In 1921, he became the first Director of the U.S. Bureau of the Budget. Two years later, he was president of the commission investigating the German budget and payments of war reparations. The commission created the "Dawes Plan" of reorganization and loans, which was in effect from 1924-1930. Dawes won the 1925 Nobel Peace Prize for the Dawes Plan. He served afterwards as US Ambassador to Britain. Dawes was a commissioned Brigadier General during WWI, serving overseas as an accounting expert and finances director for a number of different military departments. As Vice President, he was known for his tumultuous relationship with President Coolidge. The banker was even an accomplished musician; he composed "Melody in a Major" (1912) for the piano and violin. Lyrics were added to the popular tune and has since been covered dozens of times by major music stars like Elton John, Nat King Cole, and Van Morrison. HENRY M. DAWES (1877-1952) was an American businessman and banker from a wealthy Ohio family. He served as a United States Comptroller of the Currency from 1923 to 1924 and worked as an executive in the oil industry. Even though he held office for only 19 months, he carried out a nationwide effort to gather recommendations from national bank officials and other experts for changes in the banking laws; with the assistance of a volunteer committee of national bankers he drafted proposals that were submitted to Congress. The Dawes recommendations resulted in the McFadden Act, enacted under his successor. After his term, Henry returned to the oil industry as president of Pure Oil Company from 1924-1952; in 1936, along with other oil company executives, he was indicted and stood trial for violations of the Sherman Antitrust Act. Folds. Usual cancellation holes, not affecting signature. Otherwise, fine condition.
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