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Livingstons with Wells,
Fargo and American Express
Page entitled : Birth of
Livingston, Wells & Co and Livingston, Fargo & Co
Content of this page is about :
How Crawford Livingston, Henry Wells, William Fargo and William Alexander
Livingston created Livingston, Wells & Co and Livingston, Fargo & Co
Extract :
... Wells left and sought backers for an express line between Albany and
Buffalo. He found a partner, George Pomeroy and a financial backer, Crawford
Livingston, the first of the Livingstons to enter the express business. The
company, Livingston, Wells & Pomeroy, later renamed Livingston, Wells & Co,
started the business under difficult circumstances as the rail link to
Buffalo was not completed yet and as depression hit Buffalo right in the
start of their venture. Livingston money and the goodwill of Buffalo's
merchants and bankers saved the venture and …
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