Lot 924
Rockefeller, John D (1839-1937) Oil entrepreneur and philanthropist. He founded Standard Oil in 1870 and soon gained a monopoly; twice the courts dissolved his trusts. As a philanthropist, he established the Rockefeller Institute for Medical Research and the Rockefeller Foundation. Document Signed ("J. D. Rockefeller") as president of Standard Oil Trust, secured by patterned embossing, Standard Oil Trust Stock Certificate, #A1094, "issued in lieu of certificate No. 2695, 1p, 12x7¾ in. (with 4 x 7¾ in. attached receipt), New York City, 20 February 1888. The document reads in part: "This is to certify that International Navigtion Company are entitled to one hundred Shares in the equity to the property held by the Trustees of the Standard Oil Trust…" On verso,the president of the International Navigation Company signed the transfer of the stock to W. H. Beardsley. The Standard Oil Trust was formed in 1882 to consolidate Rockefeller's many holdings. It was dissolved in 1892 by decree of the Supreme Court acting under the Sherman Anti-Trust Act. The certificate is stamped "Cancelled / Jun 18 1895" in the left margin. Minor glue stains where the receipt was re-affixed to the certificate, otherwise fine. A superb example of one of the rarest and most desirable of all American stock certificates, featuring the signature of the ultimate "Captain of Industry."
Estimated Value $2,000 - 2,500.
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| Realized $2,070 |
