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     Document 14150

STANDARD OIL: HENRY H. ROGERS. Stock Certificate signed: "H H Rogers" as President of the National Transit Company, 1p, 10x8, with 3x8 receipt portion affixed at left margin. Philadelphia, Pennsylvania, 1899 March 13. Certificate No. 63, certifying that "W.H. Beardsley is the owner of Three hundred and Sixty Four thousand 972,500ths of one share of stock in the National Transit Company...." Whole shares were $50 each. Cosigned by the Treasurer of the National Transit Company. On verso, Beardsley has transferred his shares to Standard Oil Co. (New Jersey) on June 19, 1899. Stamp on front shows that the certificate was cancelled on July 11, 1899. Rogers entered the oil business in 1860, experimenting with the refining of petroleum. In partnership with Charles Pratt, he became one of the important oil refiners and is credited with originating the idea of pipeline transportation for oil. In 1875, his company was absorbed by Standard Oil and Rogers became a "Lieutenant" of John D. Rockefeller, Sr. Rogers also had holdings in such firms as Consolidated Gas Company and Amalgamated Copper and held directorships of U.S. Steel and the Union Pacific and Santa Fe railroads. Circular cancellation holes at signatures. Slightly rippled, shaded. Revenue stamp affixed on verso (light show through at lower blank margin). Left edge of receipt irregularly cut. Overall, fine condition.


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