A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part II-Chapter 8 : Railroad Barons  >  Union Pacific : Previous  1 - 2 - 3 - 4 - 5 - 6 - 7 - 8   Next

   Charter of Union Pacific railroad and entry of Thomas Clark Durant  

One hundred fifty eight incorporating commissioners were named and met in Chicago, launching a campaign to sell Union Pacific stock. William Butler Ogden, the first mayor of Chicago and a leading Western railroad promoter, was named president. The charter of the Union Pacific Railroad requested $ 2 million share capital to be subscribed to allow the election of a Board of Directors and form a management

 

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