8

Samuel Insull - Louisville and Southern Indiana Traction Company (Indiana)Insull is best known as a

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
Samuel Insull - Louisville and Southern Indiana Traction Company (Indiana)Insull is best known as a
Samuel Insull - Louisville and Southern Indiana Traction Company (Indiana)Insull is best known as a public utility magnate. He served as personal secretary to Thomas Edison, eventually taking control of most of the Edison General Electric Company. His experience in the electrical industry and optimism for its future led Insull to his development of an enormous utility holding company with assets in excess of two billion dollars. His pyramid of highly leveraged holding companies collapsed with the stock market reversals of the early 1930's. His signature is rarely encountered on stocks and bonds other than the Louisville and Northern Railway and Lighting Company. An uncancelled Very Fine with a strong Samuel Insull signature as President. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.