American businessman (1856–1925) who made a fortune in the tobacco business and endowed what was to become Duke University. Handsomely engraved DS, signed “J. B. Duke,” one page both sides, 13.25 x 9.5, November 23, 1921. A forty-year gold bond mortgage certificate for the Piedmont and Northern Railway Company. Duke approves a transfer on behalf of his daughter, Doris Duke, who would later become a prominent socialite. Vertical fold and cancellation hole (well away from signature), otherwise fine condition. R&R COA.
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