Morris Ketchum
Categories: American people stubs | US rail stubs | 1796 births | 1880 deaths | Important people in rail transport
Morris Ketchum (February 1796 – January 1 1880)[1] was an American banker and financier of the 19th century. In 1832 he partnered with Thomas Rogers and Jasper Grosvenor to form the manufacturing firm of Rogers, Ketchum and Grosvenor; this firm eventually grew into Rogers Locomotive Works, the second most popular steam locomotive manufacturing company in North America. [2]
Ketchum was also a director of the Illinois Central Railroad. During his time on the board, he was able to funnel many of that railroad's locomotive orders to Rogers. [3]
Morris Ketchum, with his son Edward B. Ketchum, led the financial firm of Ketchum, Son and Company in New York City. Edward was later found to have embezzled nearly $2.5 million to cover his losses in the 1860s; it was Morris's good reputation that kept the public from suspecting Edward of embezzlement for a time. [4]
References
- ^ Reitwiesner, William Addams, The Ancestors of Julia Stimson Thorne. Retrieved October 11 2005.
- ^ Moshein, Peter and Rothfus, Robert R., (1992) Rogers locomotives: A brief history and construction list, Railroad History (167) 13-147.
- ^ White, John H., Jr. (1968). A history of the American locomotive; its development: 1830-1880. Dover Publications, New York, NY. ISBN 0-486-23818-0. p. 24.
- ^ Kalinke, Tom; Museum of American Financial History (2004), Financial History. Retrieved October 7 2005.