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Harriman was born on February 20, 1848, in Hempstead, New York, the son of Orlando Harriman Sr., an Episcopal clergyman, and Cornelia Neilson. [3] He had a brother, Orlando Harriman Jr. [5] His great-grandfather, William Harriman, had emigrated from England in 1795 and became a successful businessman and trader.
On September 17, 1886, Harriman bought at auction the 7,863-acre (31.82 km 2) Peter Parrott family estate for $52,500, which was named Arden by the Parrott family after Mrs. Parrott's maiden name. Over the next several years, he purchased an additional 20,000 acres (81 km 2 ), almost forty different parcels of land, and built forty miles (64 km ...
May 9, 1901, headline in The New York Times. The Panic of 1901 was the first stock market crash on the New York Stock Exchange, caused in part by struggles between E. H. Harriman, Jacob Schiff, and J. P. Morgan/James J. Hill for the financial control of the Northern Pacific Railway.
E.H. Harriman/Library of Congress/Corbis/VCG/Getty Images 1900: According to the handwritten note on this photo, this was the first log cabin built in Nome, Alaska, amid the gold rush. The first ...
In 1897, a new Union Pacific Railroad (UP) was formed and absorbed the Union Pacific Railway, this new railroad reverted to the original Union Pacific name of the original company but now pronounced "Railroad" and not "Rail Road". [9] E. H. Harriman bought the line cheaply, and made it much more efficient and highly profitable.
The Northern Securities Company was an American railroad trust formed in 1901 by E. H. Harriman, James J. Hill, J. P. Morgan and their associates. The company controlled the Northern Pacific Railway; Great Northern Railway; Chicago, Burlington and Quincy Railroad; and other associated lines. It was capitalized at $400 million, and Hill served ...
Mary Williamson Averell Harriman (July 22, 1851 – November 7, 1932) was an American philanthropist and the wife of railroad executive E. H. Harriman. Born in New York to a successful family, Averell married Harriman in 1879.
Harriman was born to a wealthy family as the son of railroad baron E. H. Harriman. While attending Groton School and Yale University, he made contacts that led to creation of a banking firm that eventually merged into Brown Brothers Harriman & Co.