Titanic Stock signed by Philip Franklin with high share amounts - International Mercantile Marine - 1915 or 1916 dated Stock Certificate
Inv# SS1157G
Stock
Stock printed by American Bank Note Company, New York with high amounts of shares. Signed by Philip Franklin with revenue stamps on back of many.
Philip Franklin (October 5, 1898 – January 27, 1965) was an American mathematician and professor whose work was primarily focused in analysis.
Dr. Franklin received a B.S. in 1918 from City College of New York (who later awarded him its Townsend Harris Medal for the alumnus who achieved notable postgraduate distinction). He received his M.A. in 1920 and Ph.D. in 1921 both from Princeton University. His dissertation, The Four Color Problem, was supervised by Oswald Veblen. After teaching for one year at Princeton and two years at Harvard University(as the Benjamin Peirce Instructor), Franklin joined the Massachusetts Institute of Technology Department of Mathematics, where he stayed until his 1964 retirement.
In 1922, Franklin gave the first proof that all planar graphs with at most 25 vertices can be four-colored.
In 1928, Franklin gave the first description of an orthonormal basis for L²([0,1]) consisting of continuous functions (now known as "Franklin's system").
In 1934, Franklin disproved the Heawood conjecture for the Klein bottle by showing that any map drawn on the Klein bottle can be coloured with at most six colours. An example which shows that six colours may be needed is the 12-vertex cubic graph now known as the Franklin graph.
Franklin also worked with Jay W. Forrester on Project Whirlwind at the Office of Naval Research (ONR).
Franklin was editor of the MIT Journal of Mathematics and Physics from 1929.
In 1940 his comprehensive textbook A Treatise on Advanced Calculus was first published.
Franklin was married to Norbert Wiener's sister Constance. Their son-in-law is Václav E. Beneš.
The White Star Line was a British shipping company. Founded out of the remains of a defunct packet company, it gradually rose up to become one of the most prominent shipping lines in the world, providing passenger and cargo services between the British Empire and the United States. While many other shipping lines focused primarily on speed, White Star branded their services by focusing more on providing comfortable passages for both upper class travellers and immigrants.
Today, it is remembered for the innovative vessel Oceanic and for the losses of some of their best passenger liners, including the wrecking of Atlantic in 1873, the sinking of Republic in 1909, the infamous loss of Titanic in 1912 and the wartime sinking of HMHS Britannic in 1916. Despite its casualties, the company retained a prominent hold on shipping markets around the globe before falling into decline during the Great Depression, which ultimately led to a merger with its chief rival, Cunard Line, which operated as Cunard-White Star Line until 1950, when Cunard purchased White Star's share in the joint company. Cunard Line then operated as a separate entity until 2005 and is now part of Carnival Corporation & plc. As a lasting reminder of the White Star Line, modern Cunard ships use the term White Star Service to describe the level of customer care expected of the company. Read more at https://en.wikipedia.org/wiki/White_Star_Line
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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