Winnipeg Transfer Railway Co., Limited Issued to & Signed by T.F. Oakes - Railroad Stock CertificateInv# NP1107 Stock
Stock issued to and signed on back by T.F. Oakes. Also signed on back by Geo. Earle. Manitoba, province of Canada.
Thomas F. Oakes (1843-1919), railroad president, born in Boston, July 16, 1843, came from old New England stock. His father, Francis Garaux Oakes, was a shipmaster, and his grandfather, Daniel Oakes, a soldier of the American Revolution. Educated in Boston, and well trained for an active career, he secured a position as clerk to the contractors engaged in the construction of The Kansas Pacific Railroad, and in June, 1863, entered the service of this corporation as purchasing agent in St. Louis. Having won the confidence of the officers of the road by conspicuous energy and ability, they advanced him through the positions of assistant treasurer, general freight agent and vice president to that of general superintendent. During this period, his home was in St. Louis and Kansas City.
In April, 1879, he became general superintendent of The Kansas City, Fort Scott & Gulf, and The Kansas City, Lawrence & Southern Railroads, but was called in May, 1880, to the responsible post of vice-president and general manager of The Oregon Railway & Navigation Co., with headquarters in Portland Oregon. A year later, he identified himself with The Northern Pacific Railroad, was elected vice-president, and in November, 1883, general manager. In 1888, Mr. Oakes became president of The Northern Pacific Railroad, and continued as such until October, 1893 when having been made one of the receivers of the corporation, he retired from the presidency. His executive ability has been of great service to this important system.
Mr. Oakes is a hard worker and a thoroughly trained and competent railroad man. He is a trustee of The Manhattan Life Insurance Co. of this city. In 1864, he married Abby R., daughter of Henry Haskell, and their children are Grace, Zillah, Georgiana and Prescott Oakes. Mr. Oakes resides at Mamaroneck, but is a member of the Metropolitan, Union League, New York Yacht and Riding clubs, and a life member of The American Geographical Society. Read more at https://en.wikipedia.org/wiki/Thomas_Fletcher_Oakes
George H. Earle, Jr. (July 6, 1856 – February 19, 1928) was a Philadelphia lawyer and "financial diplomat" who was highly sought after to save ailing corporations from financial ruin.
Earle was born in Philadelphia, Pennsylvania. Grandson of noted abolitionist and philanthropist, Thomas Earle, and only son to Philadelphia lawyer George H. Earle, Sr. and Mrs. Frances ("Fanny") Van Leer Earle, he gained notoriety for his abilities as a "business doctor"—having turned around many organizations from the brink of financial ruin after being appointed as receiver and reorganizer. A Harvard University graduate (1879), Earle became a member of the Philadelphia bar—following in his father's and grandfather's footsteps; practicing his trade as a lawyer in the firm of Earle & White in Philadelphia. But Earle would soon forsake the practice of law "save as a useful medicament to be employed in the cure of invalid companies, and as a study for the little indoor leisure that business leaves him." He would be appointed as president and director to nearly two dozen Philadelphia companies and corporations. Mr. Earle married Catharine H. French on 12 December 1881, two years after he graduated from Harvard. They would have ten children in all, to include George Howard Earle III—former Governor (1935–1939) of Pennsylvania.
On October 3, 1896, at a Republican meeting in Berwyn, Pennsylvania, Earle urged his "fellow citizens" to vote for McKinley over Bryan, stating: ...a false prophet has come among you... who, in a country where all are in the highest class—that of the American citizens—tries to divide us into many, and then set those classes against each other; who tries to set State against State, section against section, and so nullify the great work for which Abraham Lincoln gave his life; who tries to lead us into paths of dishonor and asks us to disgrace the country for which we would give our lives.
Never before having sought political office for himself, Mr. Earle was eventually sought after and subsequently backed by U. S. Senator Boies Penrose to be the Republican candidate in the election for mayor of Philadelphia in 1911. In the Republican primary election held on 30 September 1911, Earle defeated William S. Vare by 23,000 votes; but Earle would lose the general election in November of that year by 4,000 votes to the Keystone-Democrat fusion candidate, Rudolph Blankenburg—an independent Republican and also former member of Philadelphia's Committee of One Hundred.
One month after Mr. Earle's unsuccessful run for mayor, he was asked to speak before the United States Senate Committee on Interstate Commerce where he gave the committee "the benefit of his experience and suggestions as to what the country needs in the way of laws amendatory of the Sherman law...and as to what further legislation is desirable to regulate interstate commerce." Earle would subsequently be asked by the chairman of the Committee, Moses E. Clapp, to draft a "tentative bill embodying [his] views as to additional legislation." Mr. Earle's prepared draft was presented by Mr. Clapp to the Committee on the evening of 29 December 1911. In Earle's draft, only eleven words (two phrases) were stricken from the original act—none of which are from the body (sections)—for Mr. Earle thought the act to be "practically a perfect piece of legislation," and merely sought to "strengthen" the law.
In July 1918, Mr. Earle—then president of the Real Estate Trust Company in Philadelphia—presided over a convention held in St. Louis, Missouri by the United States Council of State Banking Associations. Some held that the purpose of the organization was to disrupt the movement to bring the "State banks and trust companies into the Federal Reserve system," but Earle issued a statement saying that State institutions meet local wants and needs just as national banks meet broader national situations, and that "as there might be matters to discuss and adjust involving conflicting interests it would be better in such instances [for State banks] to have a council of their own to advise and negotiate on such matters." He thought it foolish that skeptics would guess at the principles and purposes of the convention, mentioning the availability of the organization's resolutions, and ended his statement by saying, "Speaking for myself, I think an application of American principles of democracy is all that is necessary; free discussion and the fullest cooperation after it." Read more at https://en.wikipedia.org/wiki/George_Howard_Earle_Jr.
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.