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Norman B. Ream
Norman Bruce Ream (1844–1915) was an American businessman. A Civil War veteran, Ream became a millionaire by investing in steel, railroads, insurance, and banking. Early life Norman B. Ream was born on November 5, 1844, in Harnedsville, Pennsylvania, Harnedsville, Somerset County, Pennsylvania. He was educated in public schools. During the American Civil War of 1861–1865, he served in the 85th Pennsylvania Infantry of the Union Army. He became the youngest man to be promoted from private to First-Lieutenant in the Union Army. However, he was "incapacitated" by war wounds. Career Shortly after the war, in 1866, Ream moved to Princeton, Illinois, where he opened a store. Later, Ream moved to Iowa, where he purchased cattle and grains on credit and sold them to farmers on credit. He ran up debt as a result of a crop failure, but managed to pay it off, and moved to Chicago in 1877. Shortly after, Ream joined the Chicago Board of Trade. Ream would rise early to talk to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Somerset County, Pennsylvania
Somerset County (Pennsylvania Dutch language, Pennsylvania German: ''Somerset Kaundi'') is a County (United States), county in the Commonwealth (U.S. state), Commonwealth of Pennsylvania. As of the 2020 United States census, 2020 census, the population was 74,129. Its county seat is Somerset, Pennsylvania, Somerset. The county was created from part of Bedford County, Pennsylvania, Bedford County on April 17, 1795, and named after the county of Somerset in England. Somerset County comprises the Somerset, PA micropolitan statistical area, which is included in the Johnstown, Pennsylvania, Johnstown–Somerset, PA combined statistical area. The county is famous for being the crash site of United Airlines Flight 93, one of the four flights involved in the September 11 attacks, which crashed near the village of Shanksville, Pennsylvania, Shanksville after the flight's passengers struggled with Al-Qaeda hijackers for control of the plane, which terrorists intended to fly into either t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Todd Lincoln
Robert Todd Lincoln (August 1, 1843 – July 26, 1926) was an American lawyer, businessman, and politician. He was the eldest son of President Abraham Lincoln and Mary Todd Lincoln. Robert Lincoln became a business lawyer and company president, and served as U.S. Secretary of War and U.S. Ambassador to the United Kingdom. Lincoln was born in Springfield, Illinois, and graduated from Harvard College before serving on the staff of Ulysses S. Grant as a captain in the Union Army in the closing days of the American Civil War. After the war, he married Mary Eunice Harlan, and they had three children together. Following completion of law school in Chicago, he built a successful law practice, and became wealthy representing corporate clients. Active in Republican politics, and a tangible symbol of his father's legacy, Lincoln was often spoken of as a possible candidate for office, including the presidency, but never took steps to mount a campaign. The one office to which he was el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chemical Bank
Chemical Bank was a bank with headquarters in New York City from 1824 until 1996. At the end of 1995, Chemical was the third-largest bank in the U.S., with about $182.9 billion in assets and more than 39,000 employees around the world. Beginning in 1920 and accelerating in the 1980s and 1990s, Chemical was a leading consolidator of the U.S. banking industry, acquiring Chase Manhattan Bank, Manufacturers Hanover, Texas Commerce Bank and Corn Exchange Bank among others. After 1968, the bank operated as the primary subsidiary of a bank holding company that was eventually renamed Chemical Banking Corporation. In 1996, Chemical acquired Chase Manhattan Corporation in a merger valued at $10 billion to create the largest financial institution in the United States. Although Chemical was the acquiring company and the nominal survivor, the merged bank adopted the Chase name, which was considered to be better known, particularly internationally. Overview of the company Chemical Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Trust Company
The New York Trust Company was a large trust and wholesale-banking business that specialized in servicing large industrial accounts. It merged with the Chemical Corn Exchange Bank and eventually the merged entity became Chemical Bank. History On April 3, 1889, the New York Security and Trust Company received its certificate of authorization and was formed with Charles S. Fairchild as the first president and "original capital" of $1,000,000. Fairchild, a former Attorney General of New York (under Governors Samuel J. Tilden and Lucius Robinson), was serving as the 38th United States Secretary of the Treasury (under President Grover Cleveland) immediately before the company's formation. Fairchild had previously been a partner in the Boston Brahmin investment banking firm of Lee, Higginson & Co. Merger with Continental Trust Company, 1904 In 1904, the New York Security and Trust Company merged with the Continental Trust Company (which had been organized in 1890) under the New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Chicago Bank
First Chicago Bank was a Chicago-based retail and commercial bank tracing its roots to 1863. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with the former National Bank of Detroit). In 1998, First Chicago NBD merged with Banc One Corporation to form Bank One Corporation, today a part of Chase. History Founding and early history On July 1, 1863, banker Edmund Aiken and his partners invested $100,000 to found a new federally chartered bank that could take advantage of the National Banking Act of 1863, which allowed national banks to exist along with state-chartered institutions for the first time. First Chicago received National Bank charter No. 8. The new bank known as The First National Bank of Chicago, or The First, grew steadily in the 1860s, financing the American Civil War. The First merged with Union National Bank in 1900 and with the Metropolitan National Bank in 1902. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reliance Insurance Company
Reliance Insurance Company, now officially known as Reliance Insurance Company n Liquidation was founded in Philadelphia in 1817 and has undergone numerous corporate makeovers in the intervening years. As of October 3, 2001, the company has been in liquidation. As of 2020, Reliance was still in liquidation. History 1817–1968 Reliance was founded in 1817, officially incorporating in 1820, as the Fire Association of Philadelphia, organized by 5 hose and 11 engine fire companies. Upon inception, Reliance became the nation's first successful association of volunteer fire departments, which beforehand had been independent of one another and often engaged in inefficient competition, which at times extended to the destruction of rivals' equipment and the assault of rival firefighters. In addition to underwriting fire insurance, the association served as mediator between its member engine and hose companies to resolve the problems of the past. The association's first policy was b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AXA Equitable Life Insurance Company
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of The Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. By 2018, the company had over 15,800 agents licensed by the State of California. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018. History Equitable opened its headquarters at the Equitable Life Building in 1870 in the Financial District of Manhattan, with entrances facing Broadway, Pine Street, and Cedar Street. Aside from Hyde, who was president of Equitable, the firm's officers included James Waddell Alexander (Vice President), George W. Ph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seaboard Air Line Railroad
The Seaboard Air Line Railroad , which styled itself "The Route of Courteous Service," was an American railroad which existed from April 14, 1900, until July 1, 1967, when it merged with the Atlantic Coast Line Railroad, its longtime rival, to form the Seaboard Coast Line Railroad. Predecessor railroads dated from the 1830s and reorganized extensively to rebuild after the American Civil War. The company was headquartered in Norfolk, Virginia, until 1958, when its main offices were relocated to Richmond, Virginia. The Seaboard Air Line Railway Building in Norfolk's historic Freemason District still stands and has been converted into apartments. At the end of 1925 SAL operated 3,929 miles of road, not including its flock of subsidiaries; at the end of 1960 it reported 4,135 miles. The main line ran from Richmond via Raleigh, North Carolina, Columbia, South Carolina, and Savannah, Georgia to Jacksonville, Florida, a major interchange point for passenger trains bringing travele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pere Marquette Railway
The Pere Marquette Railway operated in the Great Lakes region of the United States and southern parts of Ontario in Canada. It had trackage in the states of Michigan, Ohio, Indiana and the Canadian province of Ontario. Its primary connections included Buffalo; Toledo; and Chicago. The company was named after Père (French for Father) Jacques Marquette S.J. (1637–1675), a French Jesuit missionary who founded Michigan's first European settlement, Sault Ste Marie. History The Pere Marquette Railroad was incorporated on November 1, 1899 in anticipation of a merger of three Michigan-based railroad companies that had been agreed upon by all parties. It began operations on January 1, 1900, absorbing the following companies: * Flint & Pere Marquette Railroad (F&PM) * Detroit, Grand Rapids & Western Railroad (DGR&W) * Chicago & West Michigan Railway (C&WM) The company was reincorporated on March 12, 1917 as the Pere Marquette Railway. In the 1920s the Pere Marquette came und ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York, Susquehanna And Western Railway
The New York, Susquehanna and Western Railway (or New York, Susquehanna and Western Railroad and also known as the Susie-Q or the Susquehanna) is a Class II American freight railway operating over 400 miles (645 km) of track in the northeastern U.S. states of New York, Pennsylvania, and New Jersey. The railroad was formed in 1881 from the merger of several smaller railroads. Passenger service in northern New Jersey was offered until 1966. The railroad was purchased by the Delaware Otsego Corporation in 1980, and saw success during the 1980s and 1990s in the intermodal freight transport business. The railroad uses three main routes: a Southern Division running from Jersey City, New Jersey to Binghamton, New York and a Northern Division formed by two branches north of Binghamton serving Utica and Syracuse. The Utica Branch is notable for street running down the center of Schuyler Street. History Before the New York, Susquehanna and Western Railway The New Yor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erie Railroad
The Erie Railroad was a railroad that operated in the northeastern United States, originally connecting New York City — more specifically Jersey City, New Jersey, where Erie's Pavonia Terminal, long demolished, used to stand — with Lake Erie, at Dunkirk, New York. It expanded west to Chicago with its 1865 merger with the former Atlantic and Great Western Railroad, also known as the New York, Pennsylvania and Ohio Railroad (NYPANO RR). Its mainline route proved influential in the development and economic growth of the Southern Tier of New York State, including cities such as Binghamton, Elmira, and Hornell. The Erie Railroad repair shops were located in Hornell and was Hornell's largest employer. Hornell was also where Erie's mainline split into two routes, one northwest to Buffalo and the other west to Chicago. On October 17, 1960, the Erie merged with former rival Delaware, Lackawanna & Western Railroad to form the Erie Lackawanna Railroad. The Hornell repair shops were c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cincinnati, Hamilton And Dayton Railway (1846–1917)
The Cincinnati, Hamilton and Dayton Railway (CH&D) was a railroad based in the U.S. state of Ohio that existed between its incorporation on March 2, 1846, and its acquisition by the Baltimore and Ohio Railroad in December 1917. It was originally chartered to build from Cincinnati to Hamilton, Ohio, and then to Dayton, a distance of ; further construction and acquisition extended the railroad, and by 1902 it owned or controlled of railroad. Its stock and bond value plunged in late 1905 after "financial mismanagement of the properties" was revealed. The company was reorganized as the Toledo and Cincinnati Railroad in 1917. Acquisitions The original CH&D was founded by John Alexander Collins, who was born on June 8, 1815 in Staffordshire, England. He came to the US as a child in 1825, and worked as a locomotive engineer until moving to Ohio in 1851 to open the CH&D. Collins remained with the line until 1872, six years before his death in Covington, Kentucky. Collins is buri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
