Mercantile Library Co. of Philadelphia, 1866 and 1869 Stock Certificate Pair

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:90.00 USD Estimated At:130.00 - 260.00 USD
Mercantile Library Co. of Philadelphia, 1866 and 1869 Stock Certificate Pair

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Philadelphia, PA. Lot of 2 pieces: 1866 One Share I/U Stock Certificate, Fine-VF condition; 1869 One Share I/U Stock Certificate in Fine-VF condition. The Mercantile Library Company of Philadelphia was established in 1821. In 1989, the Free Library of Philadelphia absorbed the collections of the Mercantile Library. Both signed by Morris Perot as president. Perot was a merchant, born in Philadelphia, 8 May, 1828. He is the grandson of Elliston Perot, a noted Philadelphia merchant, and a descendant of Anthony Morris. He early entered the retail drug business, subsequently was graduated at the Philadelphia college of pharmacy, and in 1850 established himself in business as a wholesale druggist and manufacturing chemist, in which he has acquired wealth; but he is more widely known for his philanthropic works. In 1861 he was the president of the Mercantile library company of Philadelphia, and under his administration its library of 22,000 volumes has grown to 160,000. Mr. Perot bore an active part in founding the Woman's medical college in Philadelphia, the first institution of the kind in the world, and has been for many years its president. Since his youth he has been connected with various charitable institutions, and he is now in the directorship of many such in Philadelphia.