![]() |
A Classification of American Wealth |
![]() |
||||
|
![]() ![]() ![]() |
| Part I-Chapter 1 : Patroons and Manor Lords > Livingstons in Transportation : Previous 1 - 2 Next » |
|
Livingstons
pioneers in American transportation
The
Livingstons who played an important if not vital role in the inception of
the key players in the express business, American Express and Wells, Fargo
& Company, were all descendants of the mainline branch of Manor Lords.
Crawford and William Alexander Livingston were brothers and among the
initial investors in Livingston, Wells & Co and in Livingston, Fargo & Co,
two of the three firms which joined to form American Express in March
1850. Their younger cousin, Johnston Livingston, joined them later but had
the merit to stay in the express business for the rest of his life, more
than sixty years. His career earned him the largest fortune of any
Livingston descendent by the turn of the 20th century.
Patroons and Manor Lords > Livingstons in Transportation : Previous 1 - 2 Next » |
|
|
|
|
Copyright © 2000-2007 : D.C.Shouter and RAKEN Services / a RAKEN web site |