Luther Kountze (October 29, 1841 – April 17, 1918) was an American banker, responsible for helping the city of Denver, Colorado in a time of need and leaving a philanthropic legacy in Morristown, New Jersey. He founded a late-19th century national banking dynasty along with his brothers Charles, Herman and Augustus.[1]
From 1858 to 1862, Luther worked at the Kountze Brothers Bank in Omaha, Nebraska, which was operated by his brothers Augustus and Herman. Late in 1862, he went to Denver, Colorado, where he opened a bank under the name of Kountze Brothers and listed his brothers as senior members. In 1866, they organized the Colorado National Bank of Denver.[2]
After a great fire engulfed much of the city in 1867, Kountze was credited with saving the city of Denver, Colorado from financial disaster, and ultimately, oblivion. Late that year and into the next, Kountze worked with several other investors to form the company that would eventually become the Denver Pacific Railroad and Telegraph Co.[3]
Luther left Colorado for New York in 1867. In 1868, he established the Kountze Brothers Bank at 52 Wall Street in Manhattan.[4] His brother Augustus later joined him there, where they traded securities and bonds. In 1908, U.S. Senator Robert M. La Follette included him in the "100 men who controlled banking." He was then vice-president and a director of the United States Mortgage and Trust Company.
In 1881, Luther moved to Morristown, New Jersey and built an English-style estate designed by George E. Harney. He died in 1918, leaving an estate valued at $4,973,950.[5]
luther, kountze, october, 1841, april, 1918, american, banker, responsible, helping, city, denver, colorado, time, need, leaving, philanthropic, legacy, morristown, jersey, founded, late, 19th, century, national, banking, dynasty, along, with, brothers, charle. Luther Kountze October 29 1841 April 17 1918 was an American banker responsible for helping the city of Denver Colorado in a time of need and leaving a philanthropic legacy in Morristown New Jersey He founded a late 19th century national banking dynasty along with his brothers Charles Herman and Augustus 1 Luther KountzeBorn 1841 10 29 October 29 1841Osnaburg OhioDiedApril 17 1918NationalityAmericanOccupationBankerFrom 1858 to 1862 Luther worked at the Kountze Brothers Bank in Omaha Nebraska which was operated by his brothers Augustus and Herman Late in 1862 he went to Denver Colorado where he opened a bank under the name of Kountze Brothers and listed his brothers as senior members In 1866 they organized the Colorado National Bank of Denver 2 After a great fire engulfed much of the city in 1867 Kountze was credited with saving the city of Denver Colorado from financial disaster and ultimately oblivion Late that year and into the next Kountze worked with several other investors to form the company that would eventually become the Denver Pacific Railroad and Telegraph Co 3 Kountze s Mansion now located on Delbarton School s campusLuther left Colorado for New York in 1867 In 1868 he established the Kountze Brothers Bank at 52 Wall Street in Manhattan 4 His brother Augustus later joined him there where they traded securities and bonds In 1908 U S Senator Robert M La Follette included him in the 100 men who controlled banking He was then vice president and a director of the United States Mortgage and Trust Company In 1881 Luther moved to Morristown New Jersey and built an English style estate designed by George E Harney He died in 1918 leaving an estate valued at 4 973 950 5 Kountze was one of the founders of the Metropolitan Opera House Company He contributed a large part of the land that now forms the National Jockey Hollow Park in Morristown NJ 2 References edit August Kountze obituary New York Times May 1 1892 Retrieved 1 28 08 a b Hill E C 1919 The Historical Register Illustrated with Portrait Plates p 226 The bold move that saved Denver Archived from the original on 2007 02 28 Retrieved 2007 03 08 Colorado bank check Colorado revenue imprinted check Mt Gothic Tomes and Reliquary Description of estate assets New York Times November 29 1922 nbsp This article about an American businessperson born in the 1840s is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Luther Kountze amp oldid 1176020648, wikipedia, wiki, book, books, library,
