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A Classification of American Wealth |
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| Part II-Chapter 5 : Bankers I > Brown Brothers Bankers : « Previous 1 - 2 - 3 - 4 Next » |
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Alexander Brown's death - emergence of William and James Brown … Brown Brothers & Company started in 1825 with an office on Pearl Street, a favorite among the dry goods merchants. In May 1826, they acquired a warehouse at 63 Pine Street, closer to the Liverpool packet docks. In 1835, after ten years in the City, the house moved to Wall Street, where it became famous for its banking operations. Riding on the wave of success, James Brown gathered a number of partners for his bank, including his cousin Stewart Brown jr and Samuel Nicholson, one of the few non-family partners, who later moved to New Orleans…
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