ROGERS, HENRY H.
HENRY H. ROGERS (1840-1909). Rogers started in the oil business by buying a Massachusetts refinery. He worked for Standard Oil from 1874 until his death and during this time played an instrumental role in the successful organization and development of the company, proving himself to be one of the premier organizational geniuses in American financial history. Rogers took his Standard Oil profits and invested them in railroads, cooper, banking and steel.
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National Transit Company Signed By H.h. Rogers As President, Issued To D.o. Mills, But Not Signed
ROGERS, HENRY H.
1899, Pennsylvania. Stock certificate for 535,200/972,500 of a share in the National Transit Company. Orange/Black. Vignette of eagle at top center. Litho. Issued to but not signed by D. O. Mills (1825-1910). Merchant; Banker; Philanthropist. Signed by HENRY H. ROGERS (1840-1909) as president. The National Transit Company was the pipeline organization of the Standard Oil Trust. Conceived by Rogers, it was organized in 1885 and capitalized at $31,495,733.84 making it by far, the largest of the Trust's holdings. Successful at its purpose in binding the enormous pipeline systems of Standard Oil under one authority, it greatly reduced the need for rail transportation of oil. Rogers was associated with Standard Oil from 1874 until his death and during this time played an instrumental role in the successful organization and development of the company. He is truly one of the premier organizational geniuses in American financial history. Extremely Fine. Stamp and punch cancelled. Small punch cancellations slightly affect Roger's signature.
Catalog: # SB-4260
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