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John Russell (developer)
Irish-American industrialist & land developer From Wikipedia, the free encyclopedia
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John Russell (25 December 1821 – 24 December 1896) was an Irish-American industrialist active in the development of Ashland, Kentucky,[1] and the founder of Russell, Kentucky, which was named in his honor.[2]
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John Russell was born near Derry, Ireland, and immigrated to the United States with his family in 1830. His father, also named John Russell, was a farmer and settled in Tyler County, Virginia (now West Virginia). At 16, Russell left for Wheeling, where he clerked at a hardware store for five years.[1]
In 1850, he moved to Kentucky to serve as a bookkeeper for the Amanda Furnace in Greenup County for $400 a year. After two years, he was given a quarter interest in the concern and his salary increased to $1000 a year. Upon the 1855 death of the senior partner, Archibald Paull of Wheeling, he bought an eighth interest in the Belle Fonta Furnace and formed a partnership with its owners, Thomas and Hugh Means. As president of the Means and Russell Iron Company,[1] he purchased the land of the former Amanda Furnace and, in 1869, platted out a new city named "Riverview" along the expected route of a new Chesapeake and Ohio Railroad spur between Huntington, West Virginia, and Cincinnati, Ohio.
This town was renamed "Russell" in his honor in 1873.[2] He subsequently served as president of the Catlettsburg National Bank, the Means & Russell Iron Co. in Russell, the St. Clair Coke Works (in Fayette County, West Virginia), and the Norton Iron Works in Ashland.[1]
John Russell married Anna Mead in 1856 and sired five children: Mollie, Helen Virginia, John III, Emma Clancy, and Charles.[1]
References
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