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Auction: 16017 - Bonds and Share Certificates of the World
Lot: 872

Oliver H. Payne: Lake Shore Railway Company, 7% Mortgage Bond for $500, Ohio + Pennsylvania 1869, #592, signed as Trustee, steasm train in centre, black with orange-brown underprint, hole cancelled, minor tape repairs at folds, good fine.

Oliver Hazard Payne (1839-1917) was a Cleveland Refiner, First a competitor, he joined Rockefeller's Standard Oil and became it third largest shareholder. He organized the American Tobacco trust and assisted with the formation of U.S. Steel.

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Sold for
£90