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Basic Company (issued to Stilson Hutchins, Washington Post founder)  - Maine 1906  

Basic Company - Maine 1906

Product #: newitem286576616

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PRODUCT DESCRIPTION  
Beautiful certificate from the Basic Company issued in 1906. This historic document was printed by the Samuel Ward Company and has an ornate border around it with a vignette of an eagle. This item has the original signatures of the Company's President, and Treasurer, and is over 107 years old. The certificate was issued to Stilson Hutchins (Washington Post Founder.

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Certificate Vignette


Stilson Hutchins (1838 - 1912) was an American newspaper reporter and publisher, best known as founder of the Washington Post. Hutchins was born in Whitefield, Coos County, New Hampshire, on 14 November 1838, the son of Stilson Eastman and Clara Eaton Hutchins. He moved to Saint Louis, establishing the Saint Louis Times newspaper in 1866, and became a Missouri state representative for the Democratic Party.

He subsequently moved to Washington, D.C., where he founded the Washington Post to advance Democratic Party views. It was first published on December 6, 1877; within a year, circulation topped 6,000 copies per day. In 1880, Joseph Pulitzer joined the staff. By 1888, Hutchins cut his allegiance to the Democrats, and bought out the paper's only competitor, the Republican National. He sold the Post in 1889.

In 1889, Hutchins commissioned a statue of Benjamin Franklin to stand at the corner of Pennsylvania Avenue and 12th street, overlooking what were then the offices of the Washington Post. In 1890, he commissioned a sculpture of Charles Dickens from Francis Edwin Elwell, but backed out of the deal. In 1900, Hutchins also funded Gaetano Trentanove's Daniel Webster Memorial in Scott Circle, Washington, D.C.

In August 1883, Hutchins had leased Governor's Island, on Lake Winnipesaukee in Gilford, New Hampshire, from Isaiah Morrill of Gilford, for $1,000 per year for 99 years, "with the privilege of purchasing the island within twenty years for the sum of $20,000". The arrangement took effect January 1, 1884. Hutchins built a mansion on the island in 1885.[citation needed] In 1903, he leased the mansion to the Ambassador from Germany, Baron Speck von Sternburg, who established a summer embassy there with a retinue of at least 20 persons. The Baron later wrote that the view from the mansion was as magnificent as anything in Switzerland or Bavaria, and that the advertising which he gave the region caused the sale of other summer property. The mansion was sold by the Hutchins family in the late 1920s and burned down on August 1, 1935. While Hutchins' mansion was once the only one on the island, now there are scores of large private homes.

He died at his home in Washington, D.C., on 23 April 1912 and is buried at Rock Creek Cemetery.

History from Encyberpedia and OldCompany.com (old stock certificate research service)

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