Hide Article Text (OCR)
over such idiocy.J, F. I). LAS 1 EH.in the death of J. F. D. Lanier, which occurred in Sew York on Saturday, a life that had largely been devoted to the interests of Indiana ended* Mr. Lanier was a native of North Carolina, where be was born in November of 1880. In hi* seventeenth year be removed, withhis parents from Ohio to this state.They settled at Madison and there Mr. Lanier lived till 1840 when he moved to New York. In bis early life he practiced law and in 1824 he was made assistant clerk oftbo lower house of the state legislature. Three years later he was made clerk, and held the place for half a dozen years. In 1833 he became the largest stockholder in the State bank, then chartered. He was president of the Madison branch of the bank for the next sixteen years. In that time some of the most remarkable events in the state’s financial history occurred. The State bank stood the crash and panic of 1837, p tid lurire annual dividends, and when it was clcS'Mt returned to the stock holders their investments doubled, and gave back to the state her $1,000,000 with interest and $3,000,000 in profits. This was the result of the management of Mr. Lanier and those who were with him in c'jarge. In 1817 Mr. Lanier w'as made the state’s agent for affecting an adjustment of the Internal improvement debt under the Butler bill, and be executed his mission with remarkable celerity aud success. In building the railroad from Madison to Indianapolis Mr. Lanier was one ol the most active agents. In Islb he moved to New York and founded the firm of Winslow, Lanier A; Co., now one of the best known among the banking firms of the world. They dealt largely in bonds for the building of railroads in the tapldly opening wes«* tern country, end in this new enterprise they were without rivals,’and met with great success. At the beginning of the war Mr. Lanier advanced the money which equipped Indiana’s first soldiers ail of which was paid back with interest. Mr. Lauier went abroad after the war at the government agent to create a market for American loans and wus remarkably successful. He leaves a number of children and many grand children. The wives of General McKee Dunn and Hon John It. Cravens are his daughters and Charles Lanier and son, has long been at the head of the bank.Tun Century Co., publishers of Scribner's Monthly (to be known as “Th«
Newspaper Details
Terre Haute Saturday Evening Ledger
Terre Haute, Indiana, US
Sat, Sep 03, 1881
Page 3
Full Page
Clipped by
Anonymous
VA, USA 22 Oct 2021
Other Publications Near Terre Haute, Indiana
Western Register and Terre Haute Advertiser
Terre Haute Wabash Courier
Terre Haute Tribune Star
Terre Haute Tribune
Terre Haute Star
