Alvin Adams
Alvin Adams | |
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Born |
June 16, 1804 Andover, Vermont |
Died |
September 1, 1877 73) Watertown, Massachusetts | (aged
Known for | founder of Adams and Company |
Alvin Adams (June 16, 1804 – September 1, 1877) was the founder of Adams and Company, a forerunner to Adams Express, one of the first companies to act as a carrier for express shipments by rail in the United States. Adams and Company provided shippers with a complete shipping solution, picking up goods at the shipper's location, carrying them to the railroad terminal, and then delivering them from the distant railroad terminal to the recipient's door.
Biography
Alvin Adams was born on June 16, 1804 in Andover, Vermont.[1] A produce merchant ruined by the Panic of 1837, in 1839, Adams began carrying letters, small packages and valuables for patrons between Boston and Worcester, Massachusetts. On May 4, 1840 he established his first express freight route between Boston and New York under the name Adams and Company.[2] The company established offices in Boston and New York, and soon added express routes to Baltimore, Maryland, Norwich, Connecticut, Worcester, Massachusetts, Washington, D.C., Pittsburgh, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, and St. Louis, Missouri.[2][3] Adams and Company started out by hauling mail for the nascent postal service, until that business was suspended by the US Government in 1845; in that year the transportation of mail was transferred to solely government-owned entities.
In 1854 Adams and Company merged with three other express agencies, Harnden and Company, Thompson and Company, and Kinsley and Company to form the American Express Company, with Mr. Adams as the president of the new company.[2][4] The company was initially capitalized with $1,200,000.[5] He was succeeded in 1855 by George Washington Cass.[6]
Alvin Adams died September 1, 1877 in Watertown, Massachusetts.[2] The company that he formed still exists, headquartered in Baltimore, Maryland.
Notes
References
- Depew, Chauncey Mitchell (1895). "1795-1895. One Hundred Years of American Commerce". D.O. Haynes. Retrieved 2007-12-26.
- Stimson, Alexander Lovett (1881). "History of the Express Business". Baker & Godwin, printers. Retrieved 2007-12-26.
- Toomey, Daniel P. (1892). "Massachusetts of Today: A Memorial of the State, Historical and Biographical". Columbia Publishing Co. Retrieved 2007-12-26.
- White, John H., Jr. (Spring 1986). "America's most noteworthy railroaders". Railroad History 154: pp. 9–15. ISSN 0090-7847. OCLC 1785797.
- "Alvin Adams, The Expressman; The Business Success That Made Him and His Two Associates Millionaires". The New York Times. September 5, 1877. Retrieved 2011-09-25.
- "Death of George W. Cass; The Long and Honorable Career of a Son of Ohio". The New York Times. March 22, 1888. Retrieved 2007-12-26.
- "The Adams Express Company, 150 Years" (PDF). Adams Express Company. 2004. Archived from the original (PDF) on 2005-01-17. Retrieved 2005-03-28.
External links
- "Adams, Alvin". New International Encyclopedia. 1905.
- "Adams, Alvin". Encyclopedia Americana. 1920.
Business positions | ||
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Founder of company | President of Adams Express 1854–1855 |
Succeeded by George Washington Cass |