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R. H. Macy & Company Page entitled :
R. H. Macy Company sale to the Straus family
Content of this page is about :
How J. B. Wheeler retired from Macy to take care of his mining interests in
Colorado and how Charles B. Webster sold Macy's to Isidor and Nathan Straus.
Extract :
... He declared bankruptcy in 1901.
After the sale of Macy’s to the Straus brothers, Charles B. Webster retired from mercantile business and invested his fortune in real estate. When he died in 1916, he endowed the Webster Apartments for unmarried working women and left the residual share of his estate to his brother Josiah. The latter
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