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The List of Wells Fargo presidents includes those persons who have served as President of Wells Fargo since 1852. It includes the presidents of the express mail company from 1852 to 1918 and of the Wells Fargo Bank, which was separated from the express company in 1905 and merged with the Nevada National Bank to form the Wells Fargo Nevada National Bank - the lineal ancestor of the present ...
It was founded in 1866 by financier Clarence H. Clark (1833–1906) and several partners as the Fidelity Insurance, Trust, & Safe Deposit Company with initial capital of $250,000. Besides selling insurance and transacting trust business, the company was the second U.S. bank to offer safe deposit services. [ 1 ]
He was a founder of the Safe Deposit & Trust Co. in 1864 and, during the 1850s, was Wells Fargo's first general manager in San Francisco. [3] [4] On November 1, 1866, he succeeded Danford N. Barney to become president of the Wells Fargo & Company Express, which he reorganized after its takeover of Holladay Overland. [5]
Keep, LeGrand Lockwood, and American Express and Wells Fargo founder William Fargo [21] decided to seek control of the Central. They quickly amassed almost two-thirds of the company's stock, and ousted the "Albany Regency". [20] Keep, elected president of the Central on December 12, 1866, [22] immediately revoked the yearly payment. An outraged ...
The List of Wells Fargo Directors includes all members of the Board of Directors of the express mail company from its founding in 1852 until the cessation of its express service in 1918. It does not include the directors of the Wells Fargo Bank after it became a separate institution in 1905. Directors of Wells Fargo & Company 1852–1918
Holladay sold his stage routes to Wells Fargo Express in 1866 for $1.5 million. In August 1868, Holladay moved to Oregon, where he had organized the construction of a railroad along the Willamette River, purchasing the illegally incorporated Oregon Central Railroad of Salem, turning it into the Oregon and California Railroad Company. [6]
From 1866 until 1889, the Pony Express logo was used by stagecoach and freight company Wells Fargo, which provided secure mail service. Wells Fargo used the Pony Express logo for its guard and armored-car services. [citation needed] The logo continued to be used when other companies took over the security business into the 1990s. Since 2001 ...
In 1866, upon the resignation of Henry Wells and American Express' merger with the Merchants Union Express Company, Fargo was elected President of the American Express Company. He was the company's president until he died in 1881, at which point his brother, J. C. Fargo , assumed the presidency, holding the post until 1914.