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In 1881 Lilly formally incorporated the firm as Eli Lilly and Company, elected a board of directors, and issued stock to family members and close associates. [ 22 ] [ 25 ] By the late 1880s Colonel Lilly had become one of the Indianapolis area's leading businessmen, with a company of more than one hundred employees and $200,000 ($5,760,741 in ...
The company was founded by Colonel Eli Lilly, a pharmaceutical chemist and Union Army veteran of the American Civil War. Lilly served as the company president until his death in 1898. [20] In 1869, after working for drugstores in Indiana, Lilly became a partner in a Paris, Illinois-based drugstore with James W. Binford. [21]
The 18th Independent Battery Indiana Light Artillery, also known as Lilly's Hoosier Battery and Lilly's Battery, was a civil war regiment formed in Indiana during the American Civil War. The regiment was formed at the end of 1860 by 22-year-old Eli Lilly, an Indianapolis pharmacist. He had recruitment posters placed around the city and ...
Lilly was born on April 1, 1885, in Indianapolis, the eldest son of Josiah K. Lilly Sr. and Lilly Maria Ridgely Lilly. [2] He was named for his grandfather, Colonel Eli Lilly, who founded Eli Lilly and Company, the family's pharmaceutical business in Indianapolis. [3]
The 18th Indiana Battery of Light Artillery (Lilly's Brigade) was organized at Indianapolis and mustered into service on 14 August 1862, with Captain Eli Lilly in command. The 18th Indiana Battery, Light Artillery participated in the following Civil War Campaigns: 1862 – Kentucky. 1863 – Roscrans' Campaign in Tennessee.
In December 2021, the Colonel Eli Lilly Civil War Museum reopened in new quarters in the War Memorial building. The museum had formerly been housed for almost 20 years three blocks south in the basement of the Soldiers' and Sailors' Monument , but water leakage there forced the removal of all artifacts in 2018.
Josiah Kirby "Joe" Lilly Jr. (September 25, 1893 – May 5, 1966) was a businessman and industrialist who served as president (1948 –53) and chairman of the board (1953–66) of Eli Lilly and Company, the pharmaceutical firm his grandfather, Colonel Eli Lilly, founded in Indianapolis in 1876.
The monument also houses a gift shop. The monument's basement formerly housed the Colonel Eli Lilly Civil War Museum, but water leakage in 2018 forced the museum to be moved to the Indiana War Memorial building. [54] In 2019, 369,104 guests visited the monument. [55]