Thomas A. Edison, Inc. Stock Issued to and Signed Twice By Charles Edison

Description

Thomas A. Edison, Inc. Stock Issued to and Signed Twice By Charles Edison
1946, New Jersey. Stock certificate for 10 shares of Thomas A. Edison, Incorporated issued to and signed twice by Charles Edison, as president and endorsed on verso.
As Thomas Edison’s health began to decline, he needed to create measures to leave his family and investors financially supported.  One measure he took to ensure this was the formation of Thomas A. Edison Inc on March 2, 1911. This corporation was a collection of all of the various companies Edison ran and operated prior to his health decline.  The company allowed for his more profitable companies to continue to operate successfully and the less successful branches to enjoy more success with more capital for research.
EDISON, CHARLES  (1890-1969).  Industrialist; Governor; Public Servant.  Charles Edison was the son of Thomas A. Edison, the most successful and prolific inventor in U.S. history.  While overshadowed by his father, Charles Edison was distinguished in his own right.  During World War I he directed the manufacture of war materials, and later went on to become Secretary of the Navy (1939-1940) and Governor of New Jersey (1941-1944).  Edison's father founded numerous companies and, during his active years, Charles Edison was heavily involved in many of these companies, Thomas A. Edison Industries being one such company.  Always active in public affairs, Edison gave generously of his time, and was trustee of numerous public foundations and institutions.