George Dunton Widener - Died on the Titanic - Philadelphia Traction Co. signed by George D. Widener - 1905 or 1906 Autograph Stock Certificate
Inv# AG1320A Stock
Item may not be exact piece shown, fortunately the nicest signature possible will go to the first buyer. Stock printed by American Bank Note Company, Philadelphia. Signed as president by George D. Widener, who died on the Titanic! Please specify color.
George Dunton Widener (June 16, 1861 – April 15, 1912) was an American businessman who died in the sinking of the RMS Titanic. Widener was born in Philadelphia on June 16, 1861. He was the eldest son of Hannah Josephine Dunton (1836–1896) and Peter Arrell Brown Widener (1834–1915), an extremely wealthy streetcar magnate.
He joined his father's business and eventually took over the running of the Philadelphia Traction Company, overseeing the development of cable and electric streetcar operations. He also served on the board of directors of several important area businesses, including Philadelphia Traction Co., Land Title Bank and Trust Co., Electric Storage Battery Co., and Portland Cement Co. A patron of the arts, Widener was a director of the Pennsylvania Academy of Fine Arts.
In 1912, Widener, his wife, and their son Harry traveled to Paris, France, with original intentions to find a chef for Widener's new Philadelphia hotel, The Ritz Carlton. The Wideners booked their return passage on RMS Titanic. After the ship struck an iceberg, Widener placed his wife and her maid Amalie Gieger in a lifeboat. The women were rescued by the steamship RMS Carpathia, but Widener and his son Harry and their valet Edwin Keeping perished on the Titanic. The bodies of the father and son, if recovered, were not identified. Read more at https://en.wikipedia.org/wiki/George_Dunton_Widener
The Philadelphia Transportation Company (PTC) was the main public transit operator in Philadelphia, Pennsylvania, from 1940 to 1968. A private company, PTC was the successor to the Philadelphia Rapid Transit Company (PRT), in operation since 1902, and was the immediate predecessor of the Southeastern Pennsylvania Transportation Authority (SEPTA).
PTC was established on January 1, 1940, by the merger of the PRT and several smaller, then-independent transit companies operating in and near the city. It operated a citywide system of bus, trolley, and trackless trolley routes, the Market–Frankford Line (subway-elevated rail), the Broad Street Line (subway), and the Delaware River Bridge Line (subway-elevated rail to City Hall, Camden, New Jersey, and now part of the PATCO Speedline) which became SEPTA's City Transit Division. PTC operated the rapid transit lines in urban Philadelphia – principally the Market–Frankford Line and Broad Street Line – leasing their fixed infrastructure from the City of Philadelphia. Most suburban transit lines were operated by Suburban Transportation Company known as Red Arrow (Trolley Lines, Southern Penn Bus Company (Bus Lines) and Philadelphia & Western Railway (Norristown and Strafford interurban lines). PTC's network also included the Philadelphia trolleybus system, which was much smaller, along with numerous bus lines. Read more at https://en.wikipedia.org/wiki/Philadelphia_Transportation_Company
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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