Lloyd Tevis
Lloyd Tevis | |
---|---|
Wells Fargo & Company | |
In office 1872–1892 | |
Preceded by | William Fargo |
Succeeded by | John J. Valentine Sr. |
Personal details | |
Born | San Francisco, California | March 20, 1824
Spouse |
Susan G. Sanders (m. 1854) |
Children | 5 |
Parent(s) | Samuel Tevis Sarah Greathouse Tevis |
Lloyd Tevis (March 20, 1824 – July 24, 1899)
Early life
Lloyd Tevis was born in
On the basis of his performance in this position, Tevis was offered, and accepted, a place in the Bank of Kentucky in 1848. He left the bank shortly, however, to accept a position with an insurance company in
California
Tevis went to
Haggin and Tevis married sisters, daughters of Colonel Lewis Sanders, a Kentuckian who had emigrated to California. Tevis married Susan G. Sanders on April 20, 1854. The Tevises were the parents of three sons and two daughters.[3] His daughter Louise married John Witherspoon Breckinridge, a son of former Vice President John C. Breckinridge, in 1877.[4]
Tevis was one of the principal owners of the
Wells Fargo and railroading
In the 1860s, Tevis was one of the men responsible for development of various railroads in and around San Francisco, including the
In May 1868 Tevis joined
Elected president of Wells Fargo in 1872, Tevis served in that capacity until 1892.
Mining interests
A sound operator, Tevis made his most risky ventures when he went into gold, silver and copper mining on a large scale. He was owner or part-owner of gold and silver mines in California, Nevada, Utah, Idaho, and South Dakota. Tevis, Haggin and George Hearst, as Hearst, Haggin, Tevis and Co., owned the Homestake gold mine in the Black Hills and the Ontario silver mine in Utah, and Tevis, Haggin, Hearst and Marcus Daly owned the great Anaconda copper strike in Montana.[12][13][14][15]
In 1896 the Hearst share of the Anaconda copper properties was sold to an English syndicate. In May 1899, Tevis, Haggin and Daly sold their shares to a syndicate led by Henry H. Rogers. For his share Tevis is said to have received $8 million.[5]
Later life
Tevis said he could think five times as fast as any man in San Francisco.
Two months after selling his interest in the Anaconda properties, Tevis died in San Francisco on July 24, 1899, survived by his wife and five children.[1][18]
Earthquake of 1906
In the San Francisco earthquake and fire of April 18, 1906, Tevis' son, Dr. Harry Tevis, rescued the opera singers Emma Eames and Marcella Sembrich and brought them to the wooden Tevis mansion on Nob Hill. When it became obvious the next day that the house would be destroyed by the advancing fires, Tevis led them to the safety of North Beach.[19]
See also
References
- ^ a b "LLOYD TEVIS IS DEAD; Well-Known Capitalist and Ex-President of the Wells-Fargo Express Company Passes Away". The New York Times. 25 July 1899. Retrieved 2 February 2021.
- ^ Dictionary of American Biography, p. 384
- ^ a b Dictionary of American Biography, pp. 384-385.
- ^ "J.C. BRECKINRIDGE'S SON.; OUTLINE OF HIS VARIED CAREER ON THE PACIFIC COAST". The New York Times. 14 September 1884. Retrieved 1 March 2021.
- ^ a b c Dictionary of American Biography, p. 385.
- ^ Paul A. Smedley (2018). Huntington Tracks. Golden West Books.
- ^ Loomis, pp. 199–200, 210.
- ^ Loomis, p. 215.
- ^ "LLOYD TEVIS TO RETIRE". The New York Times. 8 February 1892. Retrieved 2 February 2021.
- ^ "The Occidental and Oriental Steam-ship Company". The New York Times, December 18, 1874. (subscription required)
- ^ Loomis, pp. 219, 268.
- ^ Amory, Cleveland (1960). Who Killed Society. New York: Harper and Brothers. p. 415.
- ^ Dictionary of American Biography, op. cit.
- ^ Loomis, p. 199.
- ^ Robert Wallace, The Miners, pp. 114, 115, 118. Alexandria, Va.: Time-Life Books, 1976.
- ^ Loomis, pp. 204, 337 note 3.
- ^ Loomis, pp. 267, 268, 270.
- ^ "LLOYD TEVIS'S WILL FILED.; $15,000,000 Estate Left the Widow -- No Provision for Children". The New York Times. 9 August 1899. Retrieved 2 February 2021.
- ISBN 978-0548440841.
Sources
- Dictionary of American Biography (Vol. VXIII ed.). New York: Charles Scribner's Sons. 1936. p. 384.
- Loomis, Noel M. (1968). Wells Fargo. C. N. Potter.