George Dunton Widener - Died on the Titanic - signed Philadelphia Traction Co. - Autograph Stock Certificate
Inv# AG1622A Stock
Stock printed by American Bank Note Co., Philad. and signed by Geo. D. Widener. Perforated holes over signature, but still very nice.
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. Read more at https://en.wikipedia.org/wiki/George_Dunton_Widener
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.
In 1883, he married Eleanor Elkins, the daughter of his father's business partner, William Lukens Elkins. Together, they had two sons and a daughter:
- Harry Elkins Widener (1885–1912), who died aboard the Titanic.
- George Dunton Widener Jr. (1889–1971), who married Jessie Sloane Dodge (1883–1968) in 1917.
- Eleanor Widener (1891–1966), who married Fitz Eugene Dixon on June 19, 1912. Eleanor sued Dixon for divorce in 1936.
After Widener and his son's death aboard the Titanic, a memorial service was held at St. Paul's Episcopal Church in Elkins Park, Pennsylvania, where stained glass windows were dedicated in their memory. Widener was played by Guy Standing, Jr. in the film Titanic (1953). Read more at https://en.wikipedia.org/wiki/George_Dunton_Widener
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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