Title
Honoring Samuel T. Freeman & Company auction house on its 200th anniversary of continued business operation and success in the City of Philadelphia.
Body
WHEREAS, Samuel T. Freeman & Company, the oldest auction house in America, was established on November 26, 1805 and has a history replete with records that are interwoven in the fabric of the City of Philadelphia; and
WHEREAS, Samuel T. Freeman arrived in Philadelphia in 1795 and was primarily a real estate and industrial auctioneer, selling land and the contents of the ships that traded in Philadelphia; and
WHEREAS, In the early 1880's, Samuel T. Freeman & Co. achieved a record for selling the Philadelphia Post Office building for $425,000; and
WHEREAS, During World War I, Freeman's was selected by the US government to sell over $350 million of surplus wool remaining from World War I, making the company a national force, and in 1922 consummated the sale of the gunpowder industry of Nitro, West Virginia which was the largest in the company's history, and by War's end auctioned off four battleships in Philadelphia and Boston in 1924; and
WHEREAS, In 1923 after moving to 1808 Chestnut Street, Freeman's had the distinction of selling the 1682 Charter of Libertie from King Charles to William Penn which set out the liberties and laws that would govern the young Commonwealth of Pennsylvania; and
WHEREAS, During the 1940's, Freeman's helped disperse the collection of Edward T. Strokebury's Whitemarsh Hall, a 147 room home that French statesman Georges Clemmenceau described as the "Versailles of America."; and
WHEREAS, Throughout the 1960's and 1970's, Freeman's accomplished such noteworthy sales as a desk reputed to be Benjamin Franklins to Independence National Park, a John Dunlap print of the Declaration of Independence, and Thomas Affleck's chest-on chest to the Metropolitan Museum of A...
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