Rockefeller John
Rockefeller One of the Rarest Standard Oil Stock Certificates Also signed by Flagler

JOHN D. ROCKEFELLER and HENRY M. FLAGLER 1878 stock for Standard Oil Company, eight years after the company was incorporated and from before it became oil giant Standard Oil Trust Stock Certificate signed: "JD Rockefeller" as President and "H M Flagler" as Secretary of the Standard Oil Company, 1 page, 10.5" x 5.75". Vertical folds, one touches the first "e" in Rockefeller. Cancellation stamp touches text. Staple holes at blank left. Lightly creased. Small chip marks throughout frame body. Otherwise, fine condition. Framed in the Gallery of History style: 32.25" x 22.5".

Cleveland, Ohio, dated April 29, 1878. Certificate No. 157 for 84 shares issued to John Huntington. Total capitalization was $3.5 million, total shares issued were 35,000 with a value of $100 each. On verso (visible through open area on back of frame), Huntington authorizes Flagler for value received to "surrender this certificate upon the delivery to me of 1680 Standard Oil Trust witness my name this 5th day of April A.D. 1882". Signed "John Huntington". The STANDARD OIL TRUST, created in January 1882, placed all stocks and properties of more than a dozen oil companies (including J.D. ROCKEFELLER's Standard Oil Company of Ohio) into a trust, of which Rockefeller owned more than a third of the combined holdings, under the control of nine trustees. The trust was dissolved by court decree in 1892. Merchant and businessman JOHN D. ROCKEFELLER (1839-1937) entered the oil business in 1863. He joined forces with grain merchant HENRY M. FLAGLER (1830-1913) in 1865 and incorporated Standard Oil in 1870. By the time Standard Oil issued this stock in 1878, the Cleveland-based company was dominating the U.S. oil business and bought out almost every competing refinery, often paying the competitors in stock certificates. After the dissolution of Standard Oil Trust in 1892, the Supreme Court dissolved Standard Oil of New Jersey in 1911, the same year of Rockefeller's retirement. Flagler organized the Florida East Coast Railway in 1886, extending the line to Miami, where he built great seaside resort hotels. Very rare. Not to be confused with Standard Oil Trust Certificates.

This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.

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