Description: *We always deliver the pictured certificate, not a substitute similar item* Stock Certificate for 35 shares, issued to W. C. Powell in 1919 Company: W. C. Powell Company (Jacksonville, Florida) Certificate Number: 3 Signatures: See pictures. Signed by W. C. Powell as President (Unverified Authenticity) Corporate Seal: Embossed History of company: Excerpt from Wake Forest Gazette article: /(The following is based on a thesis written by Don P. Johnston Jr. “. . . in partial satisfaction of the requirements for the degree of bachelor of arts in the School of Public and International Affairs of Princeton University, Class of 1939. Princeton: 1945(Don Johnston Jr. was the son of the president of the Royall and Royal Mill – named changed in 1933 – before and during the Depression. He dedicated the thesis affectionately to his family, which included his mother, Petrona Georgia Powell Johnston, and father, Don P. Johnston, along with her three sisters, and said they were “the daughters and admiring friend of W.C. Powell.”)It was the fall of 1899 when William C. Powell of Savannah, Georgia, and Robert E. Royall of Wake Forest, brothers-in-law and both Wake Forest College graduates, formally applied to the State of North Carolina to organize a firm called the Royall Cotton Mills. It would be near the town of Wake Forest and its business would be “the spinning, weaving or otherwise manufacturing cotton into its various products, buying and selling the same or other goods, wares and merchandice (sic) or engaging in any other business in connection therewith not forbidden by law. The duration of the Corporation shall be 30 years.”At the stockholders’ meeting on Oct. 31, 1899, Powell was elected president and a director along with Royall, two Wake Forest residents, John B. Carlyle and Thomas E. Holding, and a businessman from Savannah, B.T. Bullard. Holding and Powell were brothers-in-law, and Powell was elected secretary. Royall became the treasurer and vice-president. The mill was then just a name on a piece of paper... /Stock certificates may ship folded in half or thirds along existing creases based on certificate size. We can combine shipping for multiple orders. For combined shipping, please request invoice prior to completing payment for individual purchases. Buyer will receive the pictured certificate. Stock certificates may have folds, creases, tears, holes or other defects. Where legible, we attempt to research the certificate signatures, however, signatures are not authenticated or verified. Please see all pictures and note below:This is a vintage item. Please see all pictures as the primary indicator of condition, details, and flaws. As is typical of older items, there may be markings, tears, loose binding, soiling, foxing, fragile areas, rust, fading and any other type of defect common with items of this age. We do our best to mention and picture any major flaws. Most of our photographs are taken with high quality equipment and lighting, enabling users to zoom in to see a great level of detail. We encourage all buyers and bidders to examine all photographs prior to purchase.
Price: 1377.5 USD
Location: Wyncote, Pennsylvania
End Time: 2024-02-17T20:52:39.000Z
Shipping Cost: N/A USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back