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Standard Oil Trust signed by J.S. Bache, Archbold, and Tilford - 1895 dated Autograph Stock Certificate

Inv# AG1632   Stock
Standard Oil Trust signed by J.S. Bache, Archbold, and Tilford - 1895 dated Autograph Stock Certificate
State(s): New York
Years: 1895
Color: Brown

 

Stock issued to and signed at back by J.S. Bache. Signed by J.D. Archbold as secretary and W.H. Tilford as attorney. Portraits and biography of all included.

Jules Semon Bache (November 9, 1861 – March 24, 1944) was an American banker, art collector and philanthropist.

Julius Bache was born to a Jewish family in New York City. His father, Semon Bache [né Bach] (1826–1891), emigrated to the United States from his native Nuremberg, Bavaria, settling in New York City where he started the glassmaking firm Semon Bache & Company.

In 1881, he started work as a cashier at Leopold Cahn & Co., a stockbrokerage firm founded by his uncle. In 1886, he was made a minority partner and in 1892 took full control of the business, renaming it J. S. Bache & Co. Jules Bache built the company into one of the top brokerage houses in the United States, outranked only by Merrill Lynch. In the process, he became an immensely wealthy individual, a patron of the arts, and a philanthropist.

During World War I, Jules Bache donated money to the American Field Service in France and his wife was the honorary treasurer of the "War Babies' Cradle," a charity that provided aid for mothers and children in distress in war-torn Northern France and Belgium to provide them with food, clothing, heating fuel and medical care.

In the 1920 presidential election, Bache was a presidential elector for Warren G. Harding and Calvin Coolidge.

Jules Bache was a shareholder of a number of prominent corporations and sat on the board of directors of many of them. Among his personal holdings, Bache had sizeable interests in Canadian mining companies. His equity in these companies were held by his Bahamas based corporation that allowed him to legally avoid some of the high personal U.S. surtaxes, a fact which he would be publicly criticized for as a result of the Federal investigations during the 1930s into the causes of the Wall Street Crash of 1929. Bache, however, believed that high taxation was a hindrance to economic growth and published a booklet titled "Release business from the slavery of taxation." A major shareholder in Dome Mines Limited, Bache served as company president from 1919 until 1942 and was Chairman of the Board at the time of his passing. After the brokerage firm of Dillon, Read & Co. acquired the Dodge Brothers Automobile Company in 1923, Jules Bache acquired a substantial position in Chrysler Corporation.

A supporter of American theatre and Broadway, in 1941 Jules Bache helped found the New York branch of the Escholier Club.

Jules Bache died in 1944 in Palm Beach, Florida and was interred in the Woodlawn Cemetery in the Bronx, New York. His tomb is a replica of the Trajan's Kiosk at Philae. In 1927, his daughter, Kathryn Bache Miller, married the theatrical producer Gilbert Miller, in Paris, France. His granddaughter, Muriel Bache Richards, married Francis Warren Pershing, son of General John J. Pershing.

He told The Literary Digest his name was pronounced Baitch, "A rhyme with aitch." (Charles Earle Funk, What's the Name, Please?, Funk & Wagnalls, 1936.)

In addition to his high profile in the business world, Jules Bache would also become well known for his art collecting that received much press attention in 1929 when he purchased the portrait of "Giuliano de Medici," then attributed to Raphael. He would acquire numerous other important works including those by or attributed to Rembrandt, Titian (including The Bache Madonna), Albrecht Dürer, Diego Velázquez, Gerard David, Giovanni Bellini, and Sandro Botticelli, amongst others. In 1937 he opened his magnificent art collection to the public, and in 1943 donated some of his works to the Detroit Institute of Arts.

Bache was a major donor to the Department of Decorative Arts at the Metropolitan Museum of Art. At the time of his death in 1944, most of his picture collection – up to that time gifted to the Jules Bache Foundation, was given to the Museum; the remaining works of art from his estate from his house at 814 Fifth Avenue were sold at auction. Presumably his portrait by Austrian artist Wilhelm Viktor Krausz (1878–1959) was retained by one of Bache's daughters.

John Dustin Archbold (July 26, 1848 in Leesburg, Ohio – December 6, 1916 in Tarrytown, New York) was an American capitalist and one of the United States' earliest oil refiners. His small oil company was bought out by John D Rockefeller's Standard Oil Company. Archbold rose rapidly at Standard Oil, handling many of the complex secret negotiations over the years. By 1882 he was Rockefeller's closest associate, and typically acted as the company's primary spokesman. Rockefeller after 1896 left business matters to Archbold while he pursued his philanthropy; as vice president Archbold effectively ran Standard Oil until his death in 1916. Inspired by Rockefeller's policies, Archbold's main goals were stabilization, efficiency, and minimizing waste in refining and distributing petroleum products. The company was broken up by the Supreme Court in 1911 into three dozen smaller operations, Archbold became president of the largest one, Standard Oil of New Jersey. Archbold was born to Methodist minister Reverend Israel Archbold and Frances Foster Dana (Archbold) in Leesburg, Ohio. After being educated in public schools, he moved to Pennsylvania by 1864.

On February 20, 1870 Archbold married Annie Eliza Mills, "daughter of Samuel Myers Mills of Titusville and Lavinia Jenkins.” The couple had four children: • Mary Lavina Archbold (b 1871) • Anne Mills Archbold (b 1873), mother of John Dana Archbold • Frances Dana Archbold (b 1875) • John Foster Archbold (b 1877-1930), father of zoologist Richard Archbold In 1885, Archbold purchased a large mansion in Tarrytown, New York. The estate, called Cedar Cliff, was located at 279 S. Broadway just across from the Carmelite Transfiguration Church. In 1864 Archbold went to the north-west Pennsylvania oil fields and spent 11 years in the oil industry there. When John D. Rockefeller's Standard Oil Company began buying up refiners in this oil-rich region, many independent refiners felt squeezed out, and Archbold was among Standard's harshest and loudest critics. In 1885 after becoming skeptical of reports of oil discoveries in Oklahoma, he sold-out at a loss, saying “I’ll drink every gallon produced west of the Mississippi!” Archbold was subsequently recruited by Rockefeller to Standard Oil, where he became a director and served as its vice-president and president until its dissolution in 1911.

In 1911-1916 Archbold was president of the Standard Oil Company of New Jersey. In 1886 Archbold became a member of the board of trustees of Syracuse University, and was the board’s president from 1893 until his death in 1916. From 1893 to 1914, he contributed nearly $6,000,000 for eight buildings, including the full cost of Archbold Stadium (opened 1907, demolished 1978; the Carrier Dome was built on this site), Sims Hall (men's dormitory, 1907), Archbold Gymnasium (1908, nearly destroyed by fire in 1947, but still in use), and the oval athletic field. Archbold was involved in a scandalous affair involving monetary gifts to the Republican Party. In 1912 he was called to testify before a committee which was investigating political contributions made by the Standard Oil Company to the campaign funds of political parties.

He claimed that President Theodore Roosevelt was aware of the $125,000 contribution made by Standard Oil Company to the 1904 campaign fund of the Republican Party, but President Roosevelt produced letters written by him which directed his campaign managers to return such monetary contributions if they were offered. Archbold died of complications from appendicitis in Tarrytown, New York on December 6, 1916. He is buried in Sleepy Hollow Cemetery in Sleepy Hollow, New York. -In 1914, the "John Dustin Archbold College of Liberal Arts" at Syracuse University was renamed in his honor. The entrance to the university's Hall of Languages remains inscribed with this name. -The John D. Archbold Memorial Hospital, now the Archbold Medical Center, in Thomasville, Georgia, was established in 1925, through a donation by his son, John Foster Archbold. -His grandson, John Dana Archbold, was a member of the Board of Trustees of Syracuse University from 1976 to 1993. -The John Dana Archbold Theatre at Syracuse Stage (Central New York's only professional theater) is named after his grandson.

Wesley Hunt Tilford was born in Lexington, Kentucky, on July 14, 1850. His boyhood was spent there. His father, John B. Tilford, had long been a banker in Lexington, but at the close of the sixties, he pulled up stakes, and came to New York, where he once more took up the banking business. Young Wesley went to Columbia College where he studied for a couple of years, but the call of business was too strong to allow him to wait for his bachelor's degree. His elder brother, John B. Tilford, Jr., had entered the fleld of oil, associating himself with Jabez A. Bostwick in the firm of Bostwick & Tilford. Attracted by the prospects of petroleum, Wesley gave up his college course, and entered as a clerk in the firm of his brother, then doing business in Pearl Street.

When the firm dissolved the two brothers joined in a partnership of their own under the title of John B. Tilford Jr. & Co., which did well from the start and continued to prosper until, at the period of the Eastern oil amalgamations, a substantial offer from the Standard Oil Company induced them to cast their fortunes with that vigorous organization. As has been said, those were busy formative times in the oil business, and the new recruit proved his mettle by the splendid success of his visit to the Pacific slope in 1878. He there organized the oil trade in California, Oregon, Colorado and the surrounding States. On his return to the East he was welcomed to a high place in the home office, taking charge of the vast transportation problem with vigor and effectiveness. And so, strong in the esteem and confidence of all his co-workers, he continued to the end. He was a member of the New York Chamber of Commerce and belonged to the Metropolitan and Tuxedo Clubs.

Tilford, one of the Vice Presidents of the Standard Oil Company, left behind him a notable record of over thirty years in the service of the Company and of some years before that in a petroleum business with which his family was connected. ln his time he had passed through all grades of the merchandising of petroleum, filling post after post with loyalty, credit and acumen. For nine years before his elevation to the Vice Presidency in 1908, he had filled the office of Treasurer of the Standard Oil Company, and from 1892 onward he had been a Director. Despite this long and prominent career, few outside the oil business knew him, so unobtrusive was he by nature. He was a man of few words but of great grasp of affairs, particularly strong in organizing qualities, and gifted with fine and accurate judgment. ln addition he was a man of wide information and varied reading. He was courtly, kind-hearted and charitable.

The great good fortune of the Standard Oil Company was the securing of the service of such a man. Ordinary qualities sharpened by business experience may carry a man safely through the details of an established business easily filling its place in the commercial economy; but to win and retain a leading place in a business ever growing, ever reaching out, ever conquering new worlds and gaining and holding new markets, called for qualities far beyond the ordinary, and it is the testimony of his associates that he always deserved his promotions. This is high praise from men themselves the peers of the giants of business in all ages and all climes.

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Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $845.00