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Clarence H. Clark
Clarence Howard Clark Sr. (April 19, 1833 – 1906) was an influential banker, land owner, and developer in Philadelphia, Pennsylvania. Ten years after his death, ''The New York Times'' called him one of the city's "most prominent men of his day." Biography Clark was born in Providence, Rhode Island, on April 19, 1833, to Sarah Crawford Dodge and Enoch White Clark. The family moved to Boston that same year, where Enoch, a financier, incurred substantial debts. They then moved to Philadelphia in January 1837, where Enoch and his brother-in-law, Edward Dodge, founded the banking firm E. W. Clark & Co. later that year. That firm did well, earning enough to pay off the debts in seven years, then to propel the Clarks to a place among the city's wealthiest families. The firm opened branches in New York, St. Louis, and New Orleans, and made considerable money performing domestic exchanges in the wake of the 1836 revocation of the charter of the Second Bank of the United States and the P ...
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Banker
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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List Of American Gentlemen's Clubs
The following is a list of notable traditional gentlemen's clubs in the United States, including those that are now defunct. Historically, these clubs were exclusively for men, but most (though not all) now admit women. On exclusivity and assimilation into the upper class Christopher Doob wrote in his book ''Social Inequality and Social Stratification in U.S. Society'': "The most exclusive social clubs are in the oldest cities – Boston, New York City, Philadelphia, and Washington D.C. Others, which are well respected, have developed in such major cities as Pittsburgh, Chicago, and San Francisco. The most exclusive social clubs are two in New York City – the Links and the Knickerbocker (Allen 1987, 25)" Doob further explains: "Personal wealth has never been the sole basis for attaining membership in exclusive clubs. The individual and family must meet the admissions committee's standards for values and behavior. Old money prevails over new money as the Rockefeller family ...
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Unitarian Universalism
Unitarian Universalism (UU) is a liberal religion characterized by a "free and responsible search for truth and meaning". Unitarian Universalists assert no creed, but instead are unified by their shared search for spiritual growth, guided by a dynamic, "living tradition". Currently, these traditions are summarized by the Six Sources and Seven Principles of Unitarian Universalism, documents recognized by all congregations who choose to be a part of the Unitarian Universalist Association. These documents are "living", meaning always open for revisiting and reworking. Unitarian Universalist (U.U.) congregations include many atheists, agnostics, and theists and have churches, fellowships, congregations, and societies around the world. The roots of Unitarian Universalism are in protestant liberal Christianity, specifically unitarianism and universalism. Unitarian Universalists state that from these traditions comes a deep regard for intellectual freedom and inclusive love. Congregati ...
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Norfolk & Western Railway
The Norfolk and Western Railway , commonly called the N&W, was a US class I railroad, formed by more than 200 railroad mergers between 1838 and 1982. It was headquartered in Roanoke, Virginia, for most of its existence. Its motto was "Precision Transportation"; it had a variety of nicknames, including "King Coal" and "British Railway of America". In 1986, N&W merged with Southern Railway to form today’s Norfolk Southern Railway. The N&W was famous for manufacturing its own steam locomotives, which were built at the Roanoke Shops, as well as its own hopper cars. After 1960, N&W was the last major Class I railroad using steam locomotives; the last remaining Y class 2-8-8-2s would eventually be retired between 1964 and 1965. In December 1959, the N&W merged with the Virginian Railway (reporting mark VGN), a longtime rival in the Pocahontas coal region. By 1970, other mergers with the Nickel Plate Road and Wabash formed a system that operated of road on of track from North Ca ...
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Atlantic, Mississippi & Ohio Railroad
Atlantic, Mississippi and Ohio Railroad (AM&O) was formed in 1870 in Virginia from three east–west railroads which traversed across the southern portion of the state. Organized and led by former Confederate general William Mahone (1826-1895), the line linked Norfolk with Bristol, Virginia by way of Suffolk, Petersburg, Lynchburg, and Salem. The AM&O was promoted as a trade link to the west, and further expansion was envisioned with the goal of increasing Virginia's Ohio Valley and Mississippi Valley commerce. It was heavily backed by investors from England and Scotland. The AM&O went into receivership after the U.S. Financial Panic of 1873. After several years of continuing financial problems, Mahone's relationship with the bondholders soured, and he was removed as trustee, but was permitted to continue to lead operations. Finally, in 1881, the AM&O was sold at auction. It was acquired by other U.S. interests based in Philadelphia who outbid Mahone. They were already build ...
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Pennsylvania Railroad
The Pennsylvania Railroad (reporting mark PRR), legal name The Pennsylvania Railroad Company also known as the "Pennsy", was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. It was named for the commonwealth in which it was established. By 1882, Pennsylvania Railroad had become the largest railroad (by traffic and revenue), the largest transportation enterprise, and the largest corporation in the world. Its budget was second only to the U.S. government. Over the years, it acquired, merged with, or owned part of at least 800 other rail lines and companies. At the end of 1926, it operated of rail line;This mileage includes companies independently operated. PRR miles of all tracks, which includes first (or main), second, third, fourth, and sidings, totalled 28,040.49 at the end of 1926. in the 1920s, it carried nearly three times the traffic as other railroads of comparable length, such as the Union Pacific and Atchison, T ...
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Market Street (Philadelphia)
Market Street, originally known as High Street, is a major east–west street in Philadelphia. The street is signed as Pennsylvania Route 3 between 38th Street (U.S. Route 13) and 15th Street ( PA 611). A short portion of the road continues west from Cobbs Creek Parkway (63rd Street) to Delaware County, adjacent to Philadelphia. ‘High Street’ was the familiar name of the principal street in nearly every English town at the time Philadelphia was founded. But if Philadelphia was indebted to England for the name of High Street, nearly every American town is, in turn, indebted to Philadelphia for its Market Street. Long before the city was laid out or settled, Philadelphia's founder, William Penn, had planned that markets would be held regularly on the wide High Street. The city's first market stalls were situated in the center of the thoroughfare starting at Front Street and proceeding west eventually to 8th Street. The stalls soon became covered and were not taken down as pla ...
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Frank Furness
Frank Heyling Furness (November 12, 1839 - June 27, 1912) was an American architect of the Victorian era. He designed more than 600 buildings, most in the Philadelphia area, and is remembered for his diverse, muscular, often unordinarily scaled buildings, and for his influence on the Chicago architect Louis Sullivan. Furness also received a Medal of Honor for bravery during the American Civil War, Civil War. Toward the end of his life, his bold style fell out of fashion, and many of his significant works were demolished in the 20th century. Among his most important surviving buildings are the University of Pennsylvania Library (now the Fisher Fine Arts Library), the Pennsylvania Academy of the Fine Arts, and the First Unitarian Church of Philadelphia, all in Philadelphia, Pennsylvania, and the Baldwin School Residence Hall in Bryn Mawr, Pennsylvania, Bryn Mawr. Biography Furness was born in Philadelphia on November 12, 1839. His father, William Henry Furness, was a prominent Un ...
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The Philadelphia Inquirer
''The Philadelphia Inquirer'' is a daily newspaper headquartered in Philadelphia, Pennsylvania. The newspaper's circulation is the largest in both the U.S. state of Pennsylvania and the Delaware Valley metropolitan region of Southeastern Pennsylvania, South Jersey, Delaware, and the northern Eastern Shore of Maryland, and the 17th largest in the United States as of 2017. Founded on June 1, 1829 as ''The Pennsylvania Inquirer'', the newspaper is the third longest continuously operating daily newspaper in the nation. It has won 20 Pulitzer Prizes . ''The Inquirer'' first became a major newspaper during the American Civil War. The paper's circulation dropped after the Civil War's conclusion but then rose again by the end of the 19th century. Originally supportive of the Democratic Party, ''The Inquirers political orientation eventually shifted toward the Whig Party and then the Republican Party before officially becoming politically independent in the middle of the 20th cen ...
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Centennial Exhibition
The Centennial International Exhibition of 1876, the first official World's Fair to be held in the United States, was held in Philadelphia, Pennsylvania, from May 10 to November 10, 1876, to celebrate the 100th anniversary of the signing of the Declaration of Independence in Philadelphia. Officially named the International Exhibition of Arts, Manufactures, and Products of the Soil and Mine, it was held in Fairmount Park along the Schuylkill River on fairgrounds designed by Herman J. Schwarzmann. Nearly 10 million visitors attended the exposition, and 37 countries participated in it. Precursor The Great Central Fair on Logan Square in Philadelphia, Pennsylvania, in 1864 (also known as the Great Sanitary Fair), was one of the many United States Sanitary Commission's Sanitary Fairs held during the Civil War. They provided a creative and communal means for ordinary citizens to promote the welfare of Union soldiers and dedicate themselves to the survival of the nation, and the Gr ...
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Centennial National Bank
The Centennial National Bank is a historic building in Philadelphia, Pennsylvania. Designed by noted Philadelphia architect Frank Furness and significant in his artistic development, it was built in 1876 as the headquarters of the eponymous bank that would be the fiscal agent of the Centennial Exposition. The building housed a branch of the First Pennsylvania Bank from 1956 until Drexel University purchased it . Drexel renovated it between 2000-2002 and now uses it as an alumni center. The Centennial National Bank, described as "one of the best pieces of architecture in West Philadelphia," was placed on the National Register of Historic Places in 1971. History The Centennial National Bank opened for business in January 1876, shortly before its permanent building was constructed the same year. Architect Frank Furness, who had just parted ways with business partner George Hewitt, received the commission due to personal connections with the directors. The bank obtained a monopoly ov ...
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Academy Of Natural Sciences Of Drexel University
The Academy of Natural Sciences of Drexel University, formerly the Academy of Natural Sciences of Philadelphia, is the oldest natural science research institution and museum in the Americas. It was founded in 1812, by many of the leading naturalists of the young American republic with an expressed mission of "the encouragement and cultivation of the sciences". It has sponsored expeditions, conducted original environmental and systematics research, and amassed natural history collections containing more than 17 million specimens. The Academy also organizes public exhibits and educational programs for both schools and the general public. History During the first decades of the United States, Philadelphia was the cultural capital and one of the country's commercial centers. Two of the city's institutions, the Library Company and the American Philosophical Society, were centers of enlightened thought and scientific inquiry. The increasing sophistication of the earth and life scie ...
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