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Got any Standard Oil stock?
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07-19-2022, 10:17 AM
Post: #1
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Got any Standard Oil stock?
Going through some of Tarbell's Rockefeller papers from the Drake Well Museum in Titusville, Pa., There is a note from T's research assistant John Siddall about a guy who in 1870 or 71 received $21,500 in Standard Oil stock as part of a payment for a debt owed. This fellow was already rich, so he put the stock in a strong box and forgot about it. He died in 1896 and the stock certificates were found. At that time, the stock has risen in value to $2,900,000 which in today's money is well over a billion dollars! Better check your drawers for either Apple or Microsoft stocks!
Best Rob Abraham Lincoln is the only man, dead or alive, with whom I could have spent five years without one hour of boredom. --Ida M. Tarbell
I want the respect of intelligent men, but I will choose for myself the intelligent. --Carl Sandburg
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07-19-2022, 11:48 AM
Post: #2
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RE: Got any Standard Oil stock?
What a windfall for someone. If you find out who it is, Rob, refer them to me, even though I have a background in criminal law and now do juvenile abuse and neglect cases. I could use a windfall too. I can figure out stocks as I go along.
Great story. Another one that ties the past to the present in a very real way. Thanks for posting. |
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