FLAGLER, Henry Morrison. [Alexander Johnston Cassatt].
Henry Morrison Flagler Signed Standard Oil Stock Certificate.
New York: International Bank Note Co. , June 24, 1895.
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+$500
Rare 1895 Standard Oil Stock Certificate; Signed by Henry Morrison Flagler and issued to Pennsylvania Railroad President Alexander Cassatt
Rare 1895 Standard Oil Stock Certificate signed by American business magnate Henry Morrison Flagler. One page, partially printed, the certificate is dated June 24, 1895 and issues 100/972,500 shares of Standard Oil Trust to Alexander Johnston Cassatt. Boldly signed by Henry Morrison Flagler, HM Flagler." The recipient of the certificate, Alexander Johnston Cassatt was the seventh president of the Pennsylvania Railroad (PRR), serving from June 9, 1899, to December 28, 1906. The great accomplishment under his stewardship was the planning and construction of tunnels under the Hudson River to finally bring PRR's trunk line into New York City. His purchase of a controlling interest in the Long Island Rail Road and the construction of tunnels under the East River created a PRR commuter network on Long Island. American painter Mary Cassatt was his sister and in World War II, the United States liberty ship SS A. J. Cassatt was named in his honor. With a small etched portrait of Cassatt. In near fine condition. A unique association.
John D. Rockefeller entered the oil industry at the age of twenty-four and worked tirelessly to unify it into the most powerful petroleum refiner in the world, Standard Oil Trust. He joined forces with fellow industrialist Henry Morrison Flagler in 1867 to form Rockefeller, Andrews & Flagler. The predecessor of Standard Oil, the firm gained success by marketing all of the by-products of the refining process, and gaining market and pricing control through shipping rates. Flagler was also a key figure in the development of the Atlantic coast of Florida and founder of what became the Florida East Coast Railway. He is known as the father of Miami and Palm Beach, Florida.
Henry Morrison Flagler Signed Standard Oil Stock Certificate.
$750.00
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