Mergenthaler Linotype Co. Issued to D.O. Mills and Signed by Ogden Mills- Stock CertificateInv# AG1013A Stock
Darius Ogden Mills (1825-1910) A prominent American banker and philanthropist. He was born in North Salem, New York and his early career was as a bank clerk and retailer. He joined the California Gold Rush in December 1848, and founded a bank in Sacramento. He invested in gold mining, silver mining in Nevada, forest land near Lake Tahoe, and the Virginia & Truckee Railroad.
In 1864 he founded the Bank of California, which grew large in the 1860s and 1870s, but collapsed due to financial irregularities involving its chief cashier, William L. Ralston. Mills used his personal fortune to revive the bank and attract new investment, and within three years, the bank was again strong.
Mills built an estate named Millbrae, which gave its name to the present town that grew up around it. 150 acres of the original estate, bordering San Francisco Bay, were leased by his grandson Ogden L. Mills to be used for Mills Field, now known as San Francisco International Airport. A number of local institutions are named for him, including Mills Hospital, the Mills Estate housing subdivision, and Mills High School.
Later in life, Mills retired from banking, and returned to New York, where he participated in the development of a number of buildings in Manhattan, and full time philanthropy and sitting on the board of directors of a number of charitable and cultural institutions. He died of a heart attack in 1910 at his Millbrae estate.
Ogden Livingston Mills (August 23, 1884 – October 11, 1937) was an American lawyer, businessman and politician. He served as United States Secretary of the Treasury in President Herbert Hoover's cabinet, during which time Mills pushed for tax increases, spending cuts and other austerity measures that would deepen the economic crisis. A member of the Republican Party, Mills also represented New York in the United States House of Representatives, served as Undersecretary of the Treasury during the administration of President Calvin Coolidge, and was the Republican nominee in the 1926 New York gubernatorial election.
Mills was born on August 23, 1884, in Newport, Rhode Island, the son of Ogden Mills (1856–1929), a financier and racehorse owner, and his wife, the former Ruth T. Livingston (1855–1920), granddaughter of Maturin Livingston (1769–1847). He had twin sisters, Beatrice Mills Forbes (1883–1972) and Gladys Mills Phipps (1883–1970), and was the grandson of the banker Darius Ogden Mills.
Mills and his sister Gladys owned Wheatley Stable, a horse racing and breeding operation. Their stable owned and bred Seabiscuit as well as Bold Ruler, whose offspring includes Secretariat. Mills also owned Kantar who won the 1928 Prix de l'Arc de Triomphe.
After his father's death in 1929, Mills and each of his sisters received $12,197,034 from their father's estate.
Mills was a delegate to the 1912, 1916 and the 1920 Republican National Conventions. He was a member of the New York State Senate from 1915 to 1917, sitting in the 138th, 139th and the 140th New York State Legislatures, and was the Chairman of the Committee on Affairs of the New York City, New York in 1917. He resigned his seat on July 31, 1917 to enlist in the United States Army, and served with the rank of captain until the close of World War I.
After the war, he served as President of the New York State Tax Association. He was to elected to the United States House of Representatives from New York's 17th Congressional District as a Republican, serving in the 67th, 68th and the 69th United States Congresses, holding office from March 4, 1921 until March 3, 1927. In 1926, Mills ran on the Republican ticket for the Governor of New York, but was defeated by Al Smith, the incumbent Democrat.
In 1932, Mills was appointed by President Herbert Hoover as Secretary of the Treasury. While Secretary, Mills acted as an adviser to President Hoover and actively campaigned for Hoover's reelection in 1932, traveling to Detroit, St. Louis, Los Angeles, San Francisco, Chicago, and Minneapolis on his behalf. Hoover's opponent was then Governor of New York, Franklin D. Roosevelt, a Democrat who was Mills's college friend and life-long neighbor. He remained in office until March 3, 1933.
After leaving the Treasury Department, Mills was highly critical of Franklin D. Roosevelt's New Deal policies. He continued to be active in business, and published his views in two books, What of Tomorrow in 1935 and The Seventeen Million in 1937.
While in New York, Mills was an active member of the New York Civitan Club.
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.