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S: wells fargo

FC: William Fargo, Founder of Wells Fargo by: Benny J

1: William Fargo was born on May 20, 1818, in Pompey, N.Y. the eldest of 12 children.

2: In 1842 Fargo became a messenger for an express firm operating between Albany and Buffalo. Soon he was appointed agent of Pomeroy and Company in Buffalo.

3: In 1844 he organized, with Henry Wells (1805–1878) and Daniel Dunning.

4: In March 1850, when through a consolidation of competing lines the American Express Company was organized, Wells became president and Fargo secretary.

5: In 1851, with Wells and others, he organized the firm of Wells Fargo & Company to conduct an express business between New York and San Francisco by way of the Isthmus of Panama and on the Pacific coast

6: In 1861 Wells Fargo & Company bought and reorganized the Overland Mail Co.,

7: which had been formed in 1857 to carry the United States mails, and of which Fargo had been one of the original promoters.

8: From 1862 to 1866 he was mayor of Buffalo

9: and from 1868 to his death in Buffalo, he was president of the American Express Company.

10: He died on August 3, 1881 after battling an illness for several months and was buried in Forest Lawn Cemetery. William's brother J.C. Fargo succeeded him as President of American Express after his death.

11: Gale Wikipedia WellsFargoHistory.com

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  • By: benny j.
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