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ARMOUR, PHILIP DANFORTH (1832-1901)

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Originally appearing in Volume V02, Page 578 of the 1911 Encyclopedia Britannica.
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ARMOUR, See also:PHILIP DANFORTH (1832-1901) , See also:American See also:merchant and philanthropist, was See also:born in See also:Stockbridge, New See also:York, on the 16th of May 1832. He was educated at Cazenovia See also:Academy, Cazenovia, N.Y., worked for several years on his See also:father's See also:farm, and in 1852 with a small party went overland to See also:California, a large See also:part of the See also:journey being made on See also:foot. Here during the next four years he laid the See also:foundations of his See also:fortune. In 1856 he became associated with his friend, See also:Frederick S. See also:Miles, in a wholesale grocery and See also:commission business at See also:Milwaukee, In 1863 he became the See also:head of the See also:firm of Armour, Plankington & Co., pork packers, whose headquarters were at Milwaukee. He also obtained a large See also:interest in the firm H. O. Armour & Co., which was founded by his See also:brother, Herman See also:Ossian Armour (1837-1901), and which, starting as a See also:grain commission business, in 1868 established also a large pork-packing plant. Of this firm, the name of which was changed to Armour & Co. in 187o, he became the head in 1875, and thereafter the business made such rapid progress that in 1901 as many as 11,000 hands were employed. Besides contributing to many charitable enterprises, Armour founded the Armour See also:Institute of Technology at See also:Chicago in 1892 and the Armour Flats in Chicago, built for the purpose of supplying at a See also:low rental See also:good homes for working men and their families. He also contributed liberally to the Armour See also:Mission in Chicago, which was founded in 1881 by his brother, See also:Joseph Armour. At the See also:time of his See also:death, on the 6th of See also:January 1901, Philip D.

Armour's private fortune was supposed to exceed $50,000,000.

End of Article: ARMOUR, PHILIP DANFORTH (1832-1901)

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