American financier who cofounded the Paine-Webber brokerage firm. DS, signed “Wm. A. Paine,” one page both sides, 11 x 8, March 28, 1917. An engraved certificate for thirty shares of stock in the Lake Copper Company, of which Paine was President. In fine condition, with mild soiling and punch cancellations, one just touching signature. R&R COA.
