Description: Stock issued to and signed by H. C. Frick. Nice! Rare! Henry Clay Frick (1849-1919) Henry Clay Frick (December 19, 1849 " December 2, 1919) was an American industrialist, financier, and art patron. He founded the H. C. Frick & Company coke manufacturing company, was chairman of the Carnegie Steel Company, and played a major role in the formation of the giant U.S. Steel steel manufacturing concern. He also financed the construction of the Pennsylvania Railroad and the Reading Company, and owned extensive real estate holdings in Pittsburgh and throughout the state of Pennsylvania. He later built the historic neoclassical Frick Mansion (now a landmark building in Manhattan) and at his death donated his extensive collection of old master paintings and fine furniture to create the celebrated Frick Collection and art museum. Once known by his critics as the most hated man in America, - Portfolio.com named Frick one of the "Worst American CEOs of All Time"- he has long been vilified by the public and historians for his ruthlessness and lack of morality in business. Frick was born in West Overton, Westmoreland County, Pennsylvania, a grandson of Abraham Overholt, the owner of the prosperous Overholt Whiskey distillery. Frick's father, John W. Frick, was unsuccessful in business pursuits. Henry Clay Frick attended Otterbein College for one year, but did not graduate. In 1871, at 21 years old, Frick joined two cousins and a friend in a small partnership, using a beehive oven to turn coal into coke for use in steel manufacturing, and vowed to be a millionaire by the age of thirty. The company was called Frick Coke Company. Thanks to loans from the family of lifelong friend Andrew W. Mellon, by 1880, Frick bought out the partnership. The company was renamed H. C. Frick & Company, employed 1,000 workers and controlled 80 percent of the coal output in Pennsylvania. Shortly after marrying his wife, Adelaide, in 1881, Frick met Andrew Carnegie in New York City while the Fricks were on their honeymoon. This meeting resulted in a partnership between H. C. Frick & Company and Carnegie Steel Company, and was the predecessor to United States Steel. This partnership ensured that Carnegie's steel mills had adequate supplies of coke. Frick became chairman of the company. Carnegie made multiple attempts to force Frick out of the company they had created by making it appear that the company had nowhere left to go and that it was time for Frick to retire. Despite the contributions Frick had made towards Andrew Carnegie's fortune, Carnegie disregarded him in many executive decisions including finances. Inspired by Emma Goldman, the anarchist Alexander Berkman plotted to murder Frick in revenge for the 7 steelworkers killed when they were attacked by the Pinkerton detectives hired by Frick to disperse the locked-out workers and allow in strikebreakers. On July 23, 1892, Berkman, armed with a revolver and a sharpened steel file, entered Frick's office in downtown Pittsburgh. Frick, realizing wha Item ordered may not be exact piece shown. All original and authentic.
Price: 2185 USD
Location: Portsmouth, New Hampshire
End Time: 2024-12-05T15:36:49.000Z
Shipping Cost: 6.25 USD
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