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Standard Oil Trust assignment of legal title (106432)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Oil & Gas Start Price:250.00 USD Estimated At:500.00 - 800.00 USD
Standard Oil Trust assignment of legal title   (106432)
SOLD
500.00USDto b********t+ buyer's premium (125.00)
This item SOLD at 2019 Jul 12 @ 10:38UTC-7 : PDT/MST
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Cancelled July 10, 1899, 100 shares of Standard Oil Trust - Assignment of Legal Title., cert. # 1629 issued to Mary C. Thaw on June 16, 1898. Signed by Attorney in fact, William Rockefeller (1841-1922) and Secretary, Henry Morrison Flagler (1830-1913), founders of company. 2 adhesive $1 each RN stamps on back. Brown border. Vignette of capital building at top left of certificate. Printed: International Bank Note Co. NY. Assigned. Standard Oil Co. and Trust controlled most oil production and transportation in US from 1870 - 1911. John D. Rockefeller and his associates were in charge of company. By 1880 company became the new Standard Oil Co. with refineries in Cleveland incorp. in Ohio in 1870. By 1880 competitors leaving market, mergers and railroad rebates use, it controlled the refining of 90 - 95% of all oil produced in US. In 1899 co. renamed Standard Oil Company became a holding company with all assets transferred to this company. Biography of William Rockefeller included.

Date:
State/Country: Ohio
City/County: Cleveland