Standard Oil Trust signed by John D. Rockefeller and Clement A. Griscom - Stock CertificateInv# AG1112
John D. Rockefeller (1839-1937), Industrialist, Philanthropist. Rockefeller formed the first oil trust at the age of 30. Ten years later he monopolized 85% of the industry and became the world’s first billionaire. He hated waste and inefficiency. As a result he would target poorly run segments of the industry. He would often drive poorly run competition out of business or buy them out. He became the most detested man in the country and had a bodyguard continuously around him. Rockefeller gave 3/4 of a billion dollars to science and education. In one of the 1st public relations campaigns in history, Rockefeller would give a shiny new dime to whomever he would meet. Rockefeller signs along with Henry M. Flagler, Capitalist and Promoter. Rockefeller once stated in court that Flagler was “the brains behind the Standard Oil Trust”. He transformed Florida’s once neglected beaches and swamp lands into one of the most luxurious playgrounds in the world. This Rare 100 Share stock of 1880’s is issued to C. A. Griscom and is boldly signed on the front stub and at back on a document or on the stock by Griscom. Griscom was quite a Financier. He was President of International Navigation Co., also owned practically all of the stock of Red Star Line, a Belgian Corp, International Navigation Co. of Liverpool England, and Empire Transportation Company, Seattle. In 1902, the name of the International Navigation Co was changed to International Mercantile Marine Co. and capital increased to acquire fleets and businesses of the White Star Line and several others. Of course, White Star Line owned the Titanic! Ironically, Griscom died in November of 1912 just a few months after the sinking of the Titanic! All signatures are very lightly cut cancelled and are Superb. The condition and eye appeal is outstanding. The signature of Rockefeller is especially large and bold. Nice portraits of Rockefeller and Flagler are included. A truly exceptional example for many reasons!!! Excellent Condition. So Very Rare with all these qualities!!!
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.