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In
September 1853, Wells Fargo & Company acquired Livingston, Wells & Company, which had been its express and banking correspondent in England, France and Germany. By the spring of 1854, some of the directors of Wells Fargo had become convinced that the purchase had been brought about through
358:
as the successor of
Butterfield & Wasson. The same year the American Express Company was formed as a consolidation of Wells & Company; Livingston, Fargo & Company; and Wells, Butterfield & Company. Wells was president of American Express from 1850 to 1868. About the time the company
337:
In 1846, Wells sold his interest in
Western Express to William Livingston, whereupon the firm became Livingston, Fargo & Company. Wells then went to New York City to work for Livingston, Wells & Company, concentrating on the promising transatlantic express business. When Crawford Livingston
314:
urged Wells to go into business on his own account. In 1841, the firm of
Pomeroy & Company was formed by George E. Pomeroy, Henry Wells and Crawford Livingston. In the express business they competed with the United States Post Office by carrying mail at less than the government rate. Popular
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and soon started his own business. Later he worked for
Harnden's Express in Albany. His entry into the express business launched a series of events that eventually led to the establishment of the American Express Company. When Wells suggested that service could be expanded west of
447:, on December 10, 1878, two days short of his 73rd birthday. He was brought home for burial in Aurora and was buried at Oak Glen Cemetery in Aurora. His body was transported back to the United States aboard the steam-ship Ethiopia. His funeral was held at his home in Aurora.
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unspecified misrepresentations by Wells, Johnston
Livingston, William N. Babbitt and S. De Witt Bloodgood. Wells and his associates made good any losses to Wells Fargo, and Livingston, Wells & Company wound up its affairs when its Paris office was closed in October 1856.
399:
Wells retired from the board of Wells Fargo in 1867. He also retired as president of
American Express in 1868 when it was merged with the Merchants Union Express Company under the presidency of William Fargo. Also in 1868, Wells founded
679:"HENRY WELLS, OF AURORA. | THE PIONEER EXPRESSMAN | STORY OF A REMARKABLE CAREER--THE ESTABLISHMENT OF THE ALBANY AND BUFFALO EXPRESS--MR. WELLS' MEMORABLE TUSSLE WITH THE GOVERNMENT AND HOW IT AFFECTED POSTAGE LAWS"
274:(1590–1659), who arrived in Massachusetts in 1635 and was the only man in Connecticut's history to hold all four top offices: governor, deputy governor, treasurer, and secretary. In this capacity, he transcribed the
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Wells was president in 1855 of the New
Granada Canal & Steam Navigation Company. In Aurora he was president of the First National Bank of Aurora and in 1867 also the first president of the Cayuga Lake Railroad.
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When John
Butterfield and other directors of American Express objected to extending the company's service to California, Wells organized Wells, Fargo & Company on March 18, 1852, to undertake the venture.
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died in 1847, another of his brothers entered the firm, which became Wells & Company. (However, Livingston, Wells & Company continued to operate under that firm name in
England, France and Germany.)
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support, roused by the example of the penny post in England, was on the side of the expressmen, and the government was compelled to reduce its rates in 1845 and again in 1851.
230:. Wells worked as a freight agent before joining the express business. His companies, which were the predecessors of American Express and Wells Fargo, competed with the
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of Aurora was the company's first president, and Wells, William Fargo, Johnston Livingston and James McKay were on the boards of both Wells Fargo and American Express.
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and Thaddeus Pomeroy. On April 1, 1845, Wells & Company's Western Express – generally known simply as Western Express because it was the first such company west of
933:
The governors of Connecticut: biographies of the chief executives of the commonwealth that gave to the world the first written constitution known to history
289:
As a child, Henry worked on a farm and attended school in Fayette. In 1822, he was apprenticed to Jessup & Palmer, tanners and shoemakers at
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On September 5, 1827, Wells married Sarah Caroline Daggett (1803–1859), the daughter of Levi Daggett (1768–1835) and a descendant of the
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Share of the American Express Company, issued 13. October 1865; signed by William G. Fargo as Secretary and Henry Wells as President
326:– was established by Wells, Fargo and Daniel Dunning. Service was offered at first as far as Detroit, rapidly expanding to Chicago,
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Pomeroy & Company was succeeded in 1844 by Livingston, Wells & Company, composed of Crawford Livingston, Henry Wells,
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out of New England. He was a member of the seventh generation of his family in America. His ancestor was an English immigrant
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One of Wells' last ventures was the Arizona & New Mexico Express Company, of which he was president in 1876.
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222:(December 12, 1805 – December 10, 1878) was an American businessman important in the history of both the
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293:. In his adult life, he was also called as Henry "Stuttering" Wells and was known as a flamboyant character.
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by carrying mail at less than the government rate. In higher education, Wells was the founder of
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in Aurora with an endowment to make it one of the first women's colleges in the United States.
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The Descendants of Governor Thomas Welles of Connecticut, 1590–1658, and His Wife, Alice Tomes
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Bi-centennial History of Albany: History of the County of Albany, N.Y., from 1609 to 1886
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881:"THE LATE HENRY WELLS.; FUNERAL SERVICES AT HIS HOME IN AURORA ON THE LAST DAY OF 1878"
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Mary Elizabeth Wells (1830–1884), who married James H. Welles (1819–1873)
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Charles Henry Wells (1828–1891), who married Louisa Burnham (1832–1905)
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http://famouskin.com/pedigree.php?name=53006+henry+wells&ahnum=1
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Early in 1850, Wells formed Wells, Butterfield & Company with
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American Express: The People Who Built the Great Financial Empire
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371:, another notable architect. The property later became part of
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254:, the son of Dorothea "Dorothy" (Randall) and Shipley Wells, a
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588:"Henry Wells, Founder of Wells Fargo and American Express"
498:"Henry Wells, Founder of Wells Fargo and American Express"
258:
minister at what is now the First Presbyterian Church of
719:. New York: W. W. Munsell & Company. p. 319.
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After his first wife's death on October 13, 1859, in
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into the official colony records on 14 January 1638,
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558:. Washington, D.C.: Beard Books. p. 41.
301:In 1836, Wells became a freight agent on the
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935:, Publisher Connecticut Magazine Co., 1905.
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593:. Welles Family Association. Archived from
503:. Welles Family Association. Archived from
419:colonial settlers. They had four children:
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1277:The Adventures of Seinfeld & Superman
621:, p. 16. New York: Time-Life Books, 1974.
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19:For other people named Henry Wells, see
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496:Mathews, Barbara J. (November 2003).
1397:19th-century American businesspeople
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927:. New York: Charles Scribner's Sons.
853:"ARRIVAL OF THE BODY OF HENRY WELLS"
549:
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1367:People from Cayuga County, New York
1117:Warner-Amex Satellite Entertainment
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586:Mathews, Barbara J. (April 2004) .
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939:Siemiatkoski, Donna Holt (1990).
738:Loomis, pp. 20, 50, 70, 112, 113.
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924:Dictionary of American Biography
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342:American Express and Wells Fargo
262:who moved his family to central
250:Henry Wells was born in 1805 in
16:American businessman (1805–1878)
1313:Virtual Reality (advertisement)
916:. New York: Clarkson N. Potter.
781:
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729:Loomis, pp. 15–16, 328 note 19.
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715:Howell, George Rogers (1886).
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1392:People from Palmyra, New York
1387:People from Thetford, Vermont
805:. American National Biography
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266:in the westward migration of
134:; died 1859)
1308:Three World Financial Center
359:was formed, he relocated in
21:Henry Wells (disambiguation)
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943:. Baltimore: Gateway Press.
921:Malone, Dumas, ed. (1936).
554:Grossman, Peter Z. (1987).
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429:Oscar A. Wells (1833–1909)
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912:Loomis, Noel M. (1968).
761:"HENRY WELLS, OF AURORA"
224:American Express Company
200:American Express Company
1377:American Express people
1303:Small Business Saturday
980:CEO of American Express
375:, which Wells founded.
245:
1112:Railway Express Agency
369:Andrew Jackson Downing
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260:Seneca Falls, New York
1372:Wells Fargo employees
1288:World Monuments Watch
1163:Louis V. Gerstner Jr.
1158:James D. Robinson III
787:Loomis, pp. 238, 239.
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1382:Wells College people
1092:Ameriprise Financial
797:Lach, Edward L. Jr.
282:, (24 January 1639,
1215:Charlene Barshefsky
1148:Howard L. Clark Sr.
967:Business positions
705:Loomis, pp. 9, 113.
651:Malone, pp. 640-642
1107:Merchants Despatch
1063:Traveler's cheques
906:Additional sources
886:The New York Times
861:. 27 December 1878
858:The New York Times
833:. January 28, 1909
830:The New York Times
769:. 11 December 1878
766:The New York Times
687:. 12 December 1878
684:The New York Times
367:, with grounds by
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312:William F. Harnden
276:Fundamental Orders
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1283:Salad Oil scandal
1230:Vernon Jordan Jr.
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987:Succeeded by
889:. January 3, 1879
539:Norton, pp. 19-21
445:Glasgow, Scotland
308:Buffalo, New York
291:Palmyra, New York
252:Thetford, Vermont
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97:Oak Glen Cemetery
77:December 10, 1878
60:December 12, 1805
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1255:Robert D. Walter
1245:Edward D. Miller
1178:Kenneth Chenault
1168:Sanford I. Weill
1097:First Data Corp.
1036:Payment products
1029:American Express
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510:on 6 June 2011
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1053:Credit cards
1048:Charge cards
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595:the original
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505:the original
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477:Ezra Cornell
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432:Edward Wells
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256:Presbyterian
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79:(1878-12-10)
1362:1878 deaths
1357:1805 births
1293:65 Broadway
1235:Jan Leschly
1143:J. C. Fargo
1133:Henry Wells
955:Henry Wells
914:Wells Fargo
803:www.anb.org
457:Wells Fargo
220:Henry Wells
204:Wells Fargo
30:Henry Wells
1351:Categories
1240:Rick Levin
1206:(Chairman)
1153:Ralph Reed
1126:Executives
1058:ExpressPay
984:1850–1868
893:6 November
865:6 November
837:6 November
604:2010-06-08
514:11 January
483:References
365:A.J. Davis
332:Cincinnati
303:Erie Canal
185:Expressman
181:Occupation
56:1805-12-12
1196:directors
1193:Corporate
1085:companies
1073:Plum Card
328:St. Louis
195:Known for
171:Parent(s)
1336:Category
1083:Spun-off
809:14 April
773:14 April
691:14 April
451:See also
163:Children
88:Scotland
63:Thetford
1318:Kabbage
974:Created
417:Doggett
324:Buffalo
268:Yankees
156:
148:
136:
124:
120:
107:Spouses
84:Glasgow
67:Vermont
562:
330:, and
297:Career
206:, and
189:banker
130:
102:, U.S.
69:, U.S.
1269:Other
598:(PDF)
591:(PDF)
508:(PDF)
501:(PDF)
150:(
146:
126:(
122:
895:2017
867:2017
839:2017
811:2017
775:2017
693:2017
560:ISBN
516:2020
246:Life
226:and
132:1827
74:Died
50:Born
957:at
286:).
238:in
1353::
883:.
855:.
827:.
801:.
763:.
752:^
681:.
668:^
656:^
638:^
626:^
574:^
544:^
334:.
310:,
284:NS
280:OS
242:.
202:,
187:,
152:m.
128:m.
86:,
65:,
1021:e
1014:t
1007:v
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166:4
58:)
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