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Paint Creek Terminal Co. signed by Charles and Harold I. Pratt - Stock Certificate

Inv# AG1937   Stock
Paint Creek Terminal Co. signed by Charles and Harold I. Pratt - Stock Certificate
State(s): West Virginia
Years: 1912

Stock signed by Charles Pratt as president and Harold I. Pratt as secretary. Certificate #7!

Charles Pratt (October 2, 1830 – May 4, 1891) was an American businessman and philanthropist. Pratt was a pioneer of the U.S. petroleum industry, and he established his kerosene refinery Astral Oil Works in Brooklyn, New York. He then lived with his growing family in Clinton Hill, Brooklyn. He recruited Henry H. Rogers into his business, forming Charles Pratt and Company in 1867. Seven years later, Pratt and Rogers agreed to join John D. Rockefeller's Standard Oil. An advocate of education, Pratt founded and endowed the Pratt Institute in Brooklyn, now a renowned art college. He and his children built country estates in Glen Cove, New York, which became known as the Gold Coast in the 1920s on the North Shore of Long Island. In 1916, Standard Oil had a steamship tanker, the first of its class, built at Newport News, Virginia, and it was named in honor of Pratt.

Harold Irving Pratt (February 1, 1877 – May 29, 1939) was an American oil industrialist and philanthropist. A director of Standard Oil of New Jersey, he also served on the Council of Foreign Relations from 1923-1939. He was born in Brooklyn, New York, the son of oil industrialist Charles Pratt and Mary Helen Richardson. His brothers were Frederic B. Pratt, George Dupont Pratt, Herbert L. Pratt and John Teele Pratt; he was half-brother to Charles Millard Pratt. Harold Pratt graduated from Amherst College. Pratt became a director of Standard Oil of New Jersey, now ExxonMobil. Deeply interested in foreign affairs and issues dealing with global oil trade, he was a member of the Council on Foreign Relations from 1923 to 1939. In terms of community activities, Pratt was president of the board of trustees of Brooklyn Hospital. After founding and endowing the Pratt Institute in Brooklyn, he served as treasurer of the university. In 1900 Pratt donated a new natatorium (swimming pool complex) to Amherst College. Welwyn, the family mansion designed by Delano & Aldrich, was built in 1913 at Glen Cove, Long Island. The estate's 204 acres (0.83 km2) of grounds, called Welwyn Preserve, are currently owned by Nassau County and operated as a public preserve. The Holocaust Museum and Tolerance Center is currently located in the main house. Pratt's son, Harold Irving Pratt Jr., had his portrait painted by the artist John Singer Sargent in 1924, when he was 20 years old. This artwork is now in the Museum of Fine Arts, Boston. In World War II, a Liberty ship, number 3044, the Harold I. Pratt, was named in the senior man's honor. In 1944, his widow, Harriet Barnes Pratt, donated the family's four-story mansion on the corner of 68th Street and Park Avenue, on the Upper East Side of Manhattan, to the CFR for use as its new headquarters. Named the Harold Pratt House, this continues to serve as the center for the CFR. The limestone-clad building was designed by Delano & Aldrich in the Beaux Arts style.

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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.
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