Standard Oil Trust signed by J.S. Bache, Archbold, and Tilford - 1895 dated Autograph Stock Certificate
Inv# AG1632 AutographStock 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.
Wesley H. Tilford (1850-1909) was born on July 14, 1850, in Lexington, Kentucky. He attended Columbia College for a brief period; however, the allure of the business world compelled him to abandon his pursuit of a bachelor's degree. Drawn by the potential of the petroleum industry, Wesley left his studies and took a position as a clerk at his brother's firm, Bostwick & Tilford, located on Pearl Street. Following the dissolution of the firm, the brothers established their own partnership under the name John B. Tilford Jr. & Co., which experienced immediate success and continued to thrive. Eventually, during the era of Eastern oil consolidations, they received a lucrative offer from the Standard Oil Company, prompting them to align their interests with this dynamic organization. These were indeed pivotal times in the oil sector, and Wesley demonstrated his capabilities through a highly successful trip to the Pacific Coast in 1878, where he played a key role in organizing the oil trade across California, Oregon, Colorado, and neighboring states.
Upon his return to the East, he was greeted with a prominent position within the home office, where he energetically and effectively addressed the extensive transportation challenges. With the respect and trust of his colleagues firmly established, he maintained this standing until the end of his career. Tilford, who served as one of the Vice Presidents of the Standard Oil Company, left behind a distinguished legacy of over thirty years with the Company, along with several years in a petroleum enterprise associated with his family. Throughout his career, he navigated all levels of petroleum merchandising, consistently demonstrating loyalty, integrity, and insight in each role he undertook. Prior to his promotion to Vice President in 1908, he served as Treasurer of the Standard Oil Company for nine years and had been a Director since 1892. Despite his extensive and notable career, he remained relatively unknown outside the oil industry due to his unassuming nature. He was a man of few words, yet possessed a profound understanding of business matters, particularly excelling in organizational skills and possessing sound judgment. Additionally, he was well-read and knowledgeable across various subjects. His demeanor was courteous, compassionate, and generous. While ordinary qualities, enhanced by business experience, may suffice for navigating the intricacies of an established enterprise, achieving and maintaining a leading position in a dynamic and expanding business requires exceptional attributes. His colleagues attested that he consistently merited his advancements, a commendation from individuals who themselves were contemporaries of the titans of business throughout history.
John Dustin Archbold (born July 26, 1848, in Leesburg, Ohio; died December 6, 1916, in Tarrytown, New York) was a prominent American capitalist and one of the pioneering oil refiners in the United States. His modest oil enterprise was acquired by John D. Rockefeller's Standard Oil Company. Archbold quickly advanced within Standard Oil, managing numerous intricate and confidential negotiations throughout the years. By 1882, he had become Rockefeller's closest confidant and frequently served as the company's principal spokesperson. Following 1896, Rockefeller delegated business responsibilities to Archbold as he focused on his philanthropic endeavors; as vice president, Archbold effectively oversaw the operations of Standard Oil until his passing in 1916. Influenced by Rockefeller's strategies, Archbold prioritized stabilization, efficiency, and the reduction of waste in the refining and distribution of petroleum products. In 1911, the Supreme Court mandated the dissolution of the company into approximately thirty-six smaller entities, after which Archbold assumed the presidency of the largest, Standard Oil of New Jersey.
Jules Semon Bache (November 9, 1861 – March 24, 1944) was a prominent American banker, art collector, and philanthropist. Born into a Jewish family in New York City, he was the son of Semon Bache (née Bach), who emigrated from Nuremberg, Bavaria, to the United States in 1848 and established the glassmaking company Semon Bache & Company in New York City. In 1881, Bache began his career as a cashier at Leopold Cahn & Co., a brokerage firm founded by his uncle. By 1886, he had become a minority partner, and in 1892, he assumed full control of the firm, renaming it J. S. Bache & Co.
Under his leadership, the company grew to become one of the leading brokerage houses in the United States, second only to Merrill Lynch. This success contributed to his substantial wealth, as well as his reputation as a patron of the arts and a dedicated philanthropist. During World War I, Bache made significant contributions to the American Field Service in France, while his wife served as the honorary treasurer of the "War Babies' Cradle," a charity that provided essential support to mothers and children affected by the war in Northern France and Belgium, offering them food, clothing, heating fuel, and medical assistance. Additionally, Bache participated in the 1920 presidential election as an elector for candidates Warren G. Harding and Calvin Coolidge.
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