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Lot #165
Charles R. Flint

The ‘Father of Trusts’

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Description

The ‘Father of Trusts’

Venture capitalist. Flint merged several companies together in what will become known as IBM. TLS signed “Chas. R. Flint,” one page, 8.5 x 11, Flint & Co., Inc. letterhead, July 9, 1926. Letter to a company regarding its imminent takeover. In part, “Of thirty-one plants with sound financial statements considered in the tentative plan only one has definitely refused to join, up to this time. Eighteen plants have already signed options…Unless we hear from you…we must assume that you are not interested, and the consolidation will be closed on the basis of the decisions then in hand.” In very good condition, with overall toning, intersecting mailing folds and some scattered creasing. R&R COA.

Auction Info

  • Auction Title:
  • Dates: #316 - Ended December 13, 2006