Louisville and Southern Indiana Traction Co. Signed by Samuel Insull - 1904 or 1910 dated Autographed Stock Certificate

Samuel Insull Sr. signs this stock as President. Much nicer condition than usual!

Samuel Insull (1859-1938), Public Utilities Magnate. Became Thomas A. Edison's private secretary on coming to America in 1881 and advanced to Presidency of Chicago Edison Co., 1892. In the Utilities business he initiated many new techniques and concepts which became basic economic principles of the electric power industry. By 1907 Chicago's electricity was entirely Insull-operated. Later, he became overextended financially and the Insull empire collapsed in 1932. He fled to Europe but returned and was acquitted of mail fraud, bankruptcy and embezzlement charges.