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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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