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RARE "U.S. Steel Chairman" Irving S. Olds Hand Signed 5.5X3 Card For Sale
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RARE "U.S. Steel Chairman" Irving S. Olds Hand Signed 5.5X3 Card: $279.99
Up for sale a RARE! "U.S. Steel" Irving S. Olds Hand Signed 5.5X3 Card.
ES-7282E Irving Sands Olds (1887–1963) was an American lawyer and philanthropist. He served as chairman of the board and chief executive officer of U.S. Steel, and was partner at White & Case. Irving Sands Olds was born in Erie, Pennsylvania, the only child of Clark and Livia Elizabeth Olds. Clark was an attorney, and Irving grew up in a wealthy household. Irving attended Yale University for his undergraduate degree, and graduated with a B.A. in 1907. He then continued on to receive a law degree from Harvard in 1910. Upon his graduation, Olds took a position as a law clerk for Chief Justice of the United States Supreme Court, Oliver Wendell Holmes Jr. In 1911, he joined the law firm White & Case. In 1917, Olds became a partner, and remained as such until his death. That same year, he married Evelyn Foster daughter of Pell William Foster (1862 – 1947)[3] founder of Foster Wheeler Corporation and Anne Williams; and, granddaughter of William Foster Jr., president of the first elevated railroad company in New York. The two did not have children. In 1915, Olds was hired as counsel by J.P. Morgan & Co after World War I had broken out in Europe. In this capacity, he advised the bank's export deportment which oversaw purchases made on behalf of the British and French war effort. Following the United States' entry into the war, he served in 1918 as an assistant to Morgan partner, Edward R. Stettinius, during the latter's tenure as surveyor general of supplies for the U.S. War Department. After a stint in France opening White & Case's Paris office after the First World War, Olds returned to the United States and became involved dealings between his firm and the United States Steel Corporation. In 1936, Olds was elected to the corporation's Board of Directors, and in 1940, upon the departure of Edward Stettinius Jr., he was made chairman and chief executive officer. He ran U.S. Steel for twelve years, through the rest of the Second World War, and into the Atomic Age.
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