Page 178 - John Anderson
P. 178

&KDSWHU+HQU\)ODJOHU3XUFKDVHVWKH+RWHO2UPRQG

                                             The following year, on November
                                             9, he married Mary Harkness. On
                                             March 18, 1855, their first child,
                                             Jennie Louise, was born. Jennie
                                             Louise lived until 1889, when at
                                             the age of 34 she died following
                                             complications from child birth. A
                                             second child, Carrie, was born on
                                             June 18, 1858. She died three
                                             years later. On December 2,
                                             1870, the Flagler’s only son,
                                             Harry Harkness Flagler, was born.
                                             During the Civil War years in
                                             1862, Flagler founded the Flagler
                                             and York Salt Company, a salt
                                             mining and production business
                                             in Saginaw, Michigan with his
brother-in-law Barney York. By 1865, the end of the Civil War caused
a major decline in salt demand and the Flagler and York Salt
Company collapsed. Heavily in debt, Flagler returned to Bellevue,
Ohio. He had lost his initial $50,000 investment and an additional
$50,000 he had borrowed from his father-in-law and Dan Harkness.
The next year Flagler re-entered the grain business as a commission
merchant. Flagler had become acquainted with John D. Rockefeller,
who worked as a commission agent with Hewitt and Tuttle for the
Harkness Grain Company. By the mid-1860s, Cleveland had become
the centre of the oil refining industry in America and Rockefeller left
the grain business to start his own oil refinery. In 1867, Rockefeller,
needing capital for his new venture, approached Flagler. Flagler in
turn borrowed $100,000 from his wife’s uncle, Stephen V. Harkness;
on condition that Flagler became a partner. The Rockefeller, Andrews
and Flagler partnership was formed with Flagler in control of
Harkness' interest.

                                              166
   173   174   175   176   177   178   179   180   181   182   183