Description
CHARLES M. SCHWAB SIGNED CARD, "C. M. Schwab", on 3.5 x 1.5 cream colored card stock, by American Bethlehem Steel industry magnate. In very good condition, with notation "Board of Directors Bethlehem Steel Co." written below the signature, and "22" written above, adhesive residue on reverse from a previous mounting, minor soiling.
Charles Michael Schwab (1862 –1939) was an American steel magnate. Under his leadership, Bethlehem Steel became the second largest steel maker in the United States, and one of the most important heavy manufacturers in the world. He began his career as an engineer at Andrew Carnegie's Homestead Steel Mill, became President of Carnegie Steel in 1897, serving until 1901. He was influential in persuading Carnegie to sell out to J.P. Morgan, thereby forming U.S. Steel, where Schwab was President from 1901-1903 Schwab then acquired Bethlehem Steel, a leading producer of structural steel and armor plate where he became Chairman of the Board till his death in 1939.
$150 #10948
