Consolidated Traction Company 1899

Consolidated Traction Company 1899
Consolidated Traction Company 1899

Consolidated Traction Company 1899
100 Shares preferred, Dec. Issued to and signed by. Peter Arrell Brown Widener. Also signed by his son. Who went down with the RMS Titanic. Peter Arrell Brown Widener (November 13, 1834 November 6, 1915) was an American art collector, businessman, and head of the Widener family of Philadelphia, Pennsylvania. A merchant who supplied meat to the Union Army during the Civil War, Widener grew to prominence in the city and by 1873 had become Philadelphia City Treasurer. In 1883, he became very successful as a result of his investing in trolley cars and public transit systems as a founding partner of Philadelphia Traction Company , which expanded to other major cities in the United States. He and his Philadelphia business partner William L. Elkins invested in public transit systems in other major cities with businessmen such as Charles Tyson Yerkes , the streetcar czar of Chicago. Widener used the great wealth accumulated from that business to become a founding organizer of U. Steel and the American Tobacco Company as well as to acquire substantial holdings in Standard Oil. He is considered to have been among the 100 wealthiest Americans, having left an enormous fortune. Widener married Hannah Josephine Dunton (18361896), and they had three sons: Harry, George , and Joseph. In 1887 he built an ornate Philadelphia mansion at the northwest corner of Broad Street and Girard Avenue, although he vacated it 13 years later and donated it to the Free Library of Philadelphia as a memorial to his late wife. In 1900 he completed Lynnewood Hall in Elkins Park, Pennsylvania , a 110-room Georgian-style mansion designed by Horace Trumbauer. Widener was an avid art collector, with a collection that included more than a dozen paintings by Rembrandt as well as works by then-new artists Édouard Manet and Auguste Renoir. Widener’s son, George Dunton Widener , and grandson, Harry Elkins Widener , died when they went down with the RMS Titanic. Widener died at Lynnewood Hall at the age of 80 on November 6, 1915, after having suffered from poor health for three years. The item “CONSOLIDATED TRACTION COMPANY 1899″ is in sale since Saturday, February 6, 2016. This item is in the category “Coins & Paper Money\Stocks & Bonds, Scripophily\Transportation\Other Transport Scripophily”. The seller is “galaxyfan1991″ and is located in Mannheim. This item can be shipped worldwide.
Consolidated Traction Company 1899