875

Standard Oil Trust, 1896 Stock Certificate Signed by Flagler.

Currency:USD Category:Coins & Paper Money Start Price:180.00 USD Estimated At:250.00 - 500.00 USD
Standard Oil Trust, 1896 Stock Certificate Signed by Flagler.
SOLD
400.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Feb 13 @ 17:50UTC-5 : EST/CDT
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Ohio....August 13, 1896, 1 Share, I/C, Black on green border, U.S. Capital on upper left, S/N A6745, Signed by H.M. Flagler as Secretary and W.H. Tifford as attorney in fact. VF condition. International BNC. Standard Oil's pre-history began in 1863 as an Ohio partnership formed by industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, silent partner Stephen V. Harkness, and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife. In 1870, Rockefeller abolished the partnership and incorporated Standard Oil in Ohio. Of the initial 10,000 shares, John D. Rockefeller received 2,667; Harkness received 1,334; William Rockefeller, Flagler, and Andrews received 1,333 each; Jennings received 1,000, and the firm of Rockefeller, Andrews & Flagler received 1,000. Rockefeller chose the "Standard Oil" name as a symbol of the reliable "standards" of quality and service that he envisioned for the nascent oil industry.