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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.