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1948 United
States Steel Corporation |
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Stock Code USX01 |
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Certificate dated 15th September 1948
for 40 shares of capital stock of par value $100.00 each.
Issued to Paine, Webber, Jackson &
Curtis on behalf of Raymond T Seymour and Mrs Rochelle Seymour,
203 Cascade Avenue, River Falls, Wisconsin,
with the printed signatures of BF Fairless, President and JL
Edwards, Treasurer of the company. Vignette showing steel
production. Ornate olive border.
Certificate size is
21.5 cm high x 30.5 cm wide (8.5" x 12").
About the Company |
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Framed Certificate Price : £80.00
Certificate Only Price : £35.00 |
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About the Company
U.S. Steel had its origins
in the dealings of some of America's most legendary businessmen,
including Andrew Carnegie, J.P. Morgan, and Charles Schwab.
However, its principal architect was Elbert H. Gary who also
became U. S. Steel's first chairman. At the turn of the century,
a group headed by Gary and Morgan bought Carnegie's steel
company and combined it with their holdings in the Federal Steel
Company. These two companies became the nucleus of U. S. Steel,
which also included American Steel & Wire Co., National Tube
Company, American Tin Plate Co., American Steel Hoop Co., and
American Sheet Steel Co. In its first full year of operation, U.
S. Steel made 67 percent of all the steel produced in the United
States.
In the decades that
followed, the corporation consolidated its various steel making
and raw material subsidiaries and divisions through a series of
reorganizations. Many of the corporation's divisions were
related to or grew out of the company's original steel
operations.
In 1986, in recognition of
the fact that it had become a vastly different corporation, U.
S. Steel Corporation became USX Corporation, with principal
operating units involved in energy, steel and diversified
businesses.
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