Chinqua-Penn Plantation
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Chinqua Penn Plantation is an English manor home in Reidsville, North Carolina in
Rockingham County, North Carolina Rockingham County is a county located in the U.S. state of North Carolina. As of the 2020 census, the population was 91,096. Its county seat is Wentworth. The county is known as "North Carolina's North Star." Rockingham County is included in ...
, United States, (about 25 miles north of
Greensboro Greensboro (; formerly Greensborough) is a city in and the county seat of Guilford County, North Carolina, United States. It is the third-most populous city in North Carolina after Charlotte and Raleigh, the 69th-most populous city in the Un ...
). It is a private residence and was closed to the public in 2012. The home was built by Thomas Jefferson Penn ("Jeff", 1875–1946) and Margaret Beatrice Shoellkopf Penn ("Betsy", 1881–1965) in the 1920s. The name "Chinqua Penn" was
derived Derive may refer to: * Derive (computer algebra system), a commercial system made by Texas Instruments * ''Dérive'' (magazine), an Austrian science magazine on urbanism *Dérive, a psychogeographical concept See also * *Derivation (disambiguatio ...
from the chinquapin, a species of
American chestnut The American chestnut (''Castanea dentata'') is a large, fast-growing deciduous tree of the beech family native to eastern North America. As is true of all species in genus Castanea, the American chestnut produces burred fruit with edible nuts. ...
that was once plentiful in the area. Chinqua Penn Plantation ranks high among North Carolina's finest well-preserved early 20th century homes, including
Reynolda House The Reynolda House Museum of American Art displays a premiere collection of United States, American art ranging from the colonial period to the present. Built in 1917 by Katharine Smith Reynolds and her husband R. J. Reynolds, founder of the R. J ...
, and Duke Mansion.


History

After inheriting a portion of the Penn family tobacco interests, they relocated from Penn's Store,
Patrick County, Virginia Patrick County is a county located on the central southern border of the Commonwealth of Virginia. As of the 2020 census, the population was 17,608. Its county seat is Stuart. It is located within both the rolling hills and valleys of the Pie ...
to North Carolina; Jeff Penn then augmented his fortune in stocks and bonds during the depression. He also operated a dairy husbandry and raised
Holstein cattle Holstein Friesians (often shortened to Holsteins in North America, while the term Friesians is often used in the UK and Ireland) are a breed of dairy cattle that originated in the Dutch provinces of North Holland and Friesland, and Schleswig-Hols ...
. In later years he raised
Black Angus The Aberdeen Angus, sometimes simply Angus, is a Scottish breed of small beef cattle. It derives from cattle native to the counties of Aberdeen, Banff, Kincardine and Angus in north-eastern Scotland. In 2018 the breed accounted for over 17 ...
. The Penn Tobacco Company was later purchased in 1911 by
American Tobacco Company The American Tobacco Company was a tobacco company founded in 1890 by J. B. Duke through a merger between a number of U.S. tobacco manufacturers including Allen and Ginter and Goodwin & Company. The company was one of the original 12 members of ...
, the
Duke family Duke is a male title either of a monarch ruling over a duchy, or of a member of royalty, or nobility. As rulers, dukes are ranked below emperors, kings, grand princes, grand dukes, and sovereign princes. As royalty or nobility, they are ranke ...
behemoth that made
Lucky Strike Lucky Strike is an American brand of cigarettes owned by the British American Tobacco group. Individual cigarettes of the brand are often referred to colloquially as "Luckies." Throughout their 150 year history, Lucky Strike has had fluctuating ...
cigarettes. The coats-of-arms above the picture window show the Penn family crest, as well as that of the Spencer family of
Spencer, Virginia Spencer is an unincorporated area, unincorporated community in Henry County, Virginia, Henry County, Virginia, United States. It takes its name from its earliest settler, James Spencer Sr., who moved from Loudoun County, Virginia, Loudoun County to ...
, to whom the Penns were related. Betsy's father was
Arthur Schoellkopf Arthur Schoellkopf (June 13, 1856 – February 3, 1913) was an American industrial leader who helped develop the hydroelectric resources of Niagara Falls and served as the fifth Mayor of Niagara Falls, New York. Early life Arthur Schoellkopf wa ...
, chairman of the board of directors of
Niagara Falls Power Company Niagara Falls Hydraulic Power & Manufacturing Company was an American company, based in Niagara Falls, New York that was the first company to generate hydroelectric power from Niagara Falls in 1882. The company built upon several predecessor c ...
and
Mayor of Niagara Falls, New York The office of mayor of Niagara Falls, New York is currently held by Robert Restaino. Prior to the establishment of the mayorship, the highest official in Niagara Falls was known as the "village president" and was held by Peter A. Porter in 1878. ...
. Betsy Penn survived Jeff by nearly twenty years, during which time she became increasingly involved in philanthropic and community activities. She created the Betsy-Jeff Penn
4-H 4-H is a U.S.-based network of youth organizations whose mission is "engaging youth to reach their fullest potential while advancing the field of youth development". Its name is a reference to the occurrence of the initial letter H four times i ...
Educational Center on part of the estate. Most of the furnishings and art, showcasing 30 countries, were placed by the Penns. The house and related buildings, and ultimately the internal furnishings, were given into the trusteeship of the
University of North Carolina The University of North Carolina is the multi-campus public university system for the state of North Carolina. Overseeing the state's 16 public universities and the NC School of Science and Mathematics, it is commonly referred to as the UNC Sy ...
System in 1965. Because of high costs, N.C. State University closed the site to tours. Three years later Calvin Phelps, the founder of Renegade
Tobacco Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...
Company, in August 2006, acquired the estate, claiming he intended to build a replica in Davie County. He decided to have a second home nearby and operate the site as a tourist attraction. But Phelps used funds from his tobacco company, which was successful for a while due to being exempt from the
Tobacco Master Settlement Agreement The Tobacco Master Settlement Agreement (MSA) was entered on November 23, 1998, originally between the four largest United States Tobacco industry, tobacco companies (Altria, Philip Morris Inc., R. J. Reynolds Tobacco Company, R. J. Reynolds, Brown ...
which required a $5 per carton surcharge on
cigarette A cigarette is a narrow cylinder containing a combustible material, typically tobacco, that is rolled into thin paper for smoking. The cigarette is ignited at one end, causing it to smolder; the resulting smoke is orally inhaled via the opp ...
s. He could sell his cigarettes more cheaply until the government began requiring exempt tobacco companies to pay "
escrow An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacti ...
" fees. Later, needed to finance his debt, Phelps obtained a
mortgage A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any pu ...
backed by his companies. Bank of Granite, which had lent him money, cut him off. Federal agents seized the property and assets on September 28, 2010, as part of an ongoing
bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...
proceeding. In September 2011, a bankruptcy trustee took over, and an order filed December 12 said a bankruptcy judge would require that all items in the house be sold at
auction An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition ex ...
in April 2012. The two-day auction took place at the
Greensboro Coliseum The Greensboro Coliseum Complex, commonly referred to as Greensboro Coliseum (the first and biggest building on the site), is an entertainment and sports complex located in Greensboro, North Carolina. Opened in 1959, the complex holds eight venu ...
Complex in
Greensboro, North Carolina Greensboro (; formerly Greensborough) is a city in and the county seat of Guilford County, North Carolina, United States. It is the third-most populous city in North Carolina after Charlotte and Raleigh, the 69th-most populous city in the Un ...
, April 25 and 26, 2012, was conducted by Leland Little Auction & Estate Sales, Ltd. and Iron Horse Auction Company, Inc. , and raised approximately US$3.4 Million. In August 2012, the Museum and Archives of Rockingham County was expected to open, and certain items acquired at the auction were expected to be displayed. On September 18, 2013, Chinqua Penn went into
foreclosure Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortg ...
.
SunTrust Bank SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta, where it was ...
bought the property from Phelps for $1.4 million. Though SunTrust wanted $1.9 million, the property sold for considerably less to a private buyer. The house and gardens were once open for tours, and the plantation offered tours through March 17, 2012. Farmland adjoining the property is still operated as an experimental agricultural station by
North Carolina State University North Carolina State University (NC State) is a public land-grant research university in Raleigh, North Carolina. Founded in 1887 and part of the University of North Carolina system, it is the largest university in the Carolinas. The universit ...
.


See also

*
National Register of Historic Places The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic v ...


References


External links


Records of the Penn and Spencer families
{{Authority control Houses in Rockingham County, North Carolina English-American culture in North Carolina Houses on the National Register of Historic Places in North Carolina Historic districts on the National Register of Historic Places in North Carolina Historic house museums in North Carolina Museums in Rockingham County, North Carolina Houses completed in 1923 Tobacco plantations in the United States National Register of Historic Places in Rockingham County, North Carolina Schoellkopf family Plantation houses in North Carolina