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Auction: 326 - The Numismatic Collector's Series Sale
Lot: 1409

Chartiers Railway Company (Pennsylvania) 1885. Philadelphia. 120 shares. No.971. Train crosses bridge over river. Mill. Issued to Henry Clay Frick and signed by him on the back. VF+. Small punch cancels through the signature blocks and embossed seal. "CANCELLED" stamped diagonally above the Treasurer's signature. The H. C. Frick signature on the back is bold, crisp, and free from any cancellations. Henry Clay Frick (December 19, 1849 - December 2, 1919) was an American industrialist, financier, and associate of Andrew Carnegie. Frick founded the H. C. Frick & Company coke manufacturing company, was chairman of the Carnegie Steel Company, played a major role in the formation of U.S. Steel, and played a major part in financing the growth and construction of the Pennsylvania Railroad. His anti-union management policies resulted in violent clashes between privately hired Pinkerton agents, and workers at the Homestead Works of the Carnegie Steel Company in July of 1892. A few weeks later, an assassin burst into Frick's office, shot him twice, and stabbed him repeatedly. Frick survived the assassination attempt. He was a major patron of the arts, and upon his death in 1919 bequethed his extensive collection of old master paintings and fine furniture to create the celebrated Frick Collection and art museum. Frick's signature on stocks and bonds is rarely seen. This example can be traced directly to the Penn Central archives. Cox reports only one Chartiers Railway signed by Frick.

Estimate
$1,000 to $1,500