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Auction: 321 - The Numismatic Collector's Series Sale and Stocks and Bonds of the Americas
Lot: 1167

Louisville and Northern Railway and Lighting Co.(IN), $10 shares, 19[07], signed by Samuel Insull as President, electric tram in centre, ornate border, green and black, together with Chicago South Shore and South Bend Railroad, 100 shares, and unspecified shares of $100, [1929], signed by Samuel Insull Jr., electric trains at top, orange and green respectively, all cancelled, GVF. (3)

Samuel Insull (1859-1938), consolidated electric utilities into Commonwealth Edison and established several holding companies that collapsed in the Great Depression, ruining 600,000 investors. Insull was earlier involved in the Edison General Electric Co. as advisor to Thomas Edison.

Estimate
$100 to $150