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Arthur Tappan Averill

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Arthur Tappan Averill

Birth
Highgate Springs, Franklin County, Vermont, USA
Death
14 Feb 1910 (aged 66)
Cedar Rapids, Linn County, Iowa, USA
Burial
Cedar Rapids, Linn County, Iowa, USA GPS-Latitude: 41.9768923, Longitude: -91.648029
Memorial ID
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Arthur Tappan Averill
Sept. 14, 1843
Feb. 14, 1910

Averill family: Arthur Tappan Averill, Almira Doolittle Averill, Arthur V. Averill, Glenn Mark Averill, Edith Sherman Averill, Jessie Mary Averill & Worth Sherman Averill.

---- Obit:

The Cedar Rapids Evening Gazette, Tues., Feb. 15, 1910, p. 9, col. 4 & 3. Photo.

Cedar Rapids'
Wealthiest Man
A. T. Averill Passes Away After A Long Lingering Illness.
Funeral Will Be Held Tomorrow Morning and Will Be Private, on Account of Illness of Mrs. Averill - Remarkable Successful Career is Closed.
__Arthur T. Averill, president of the Cedar Rapids National Bank and of the Cedar Rapids' Gas Light company, Cedar Rapids' wealthiest man and most noted capitalist, died suddenly at 3:50 yesterday afternoon at his residence, 1120 Second avenue. The funeral will be held tomorrow morning, and on account of the serious illness of Mrs. Averill will be private. The body will be taken to the receiving vault at Oak Hill, where a brief prayer service will be held.
__Mr. Averill had been ill for several months, but strong hopes had been entertained for his recovery, and until yesterday the family had been looking forward to the day when his strength would permit him to leave for a gentler clime, where it was hoped he would convalense more rapidly. At noon yesterday Mr. Averill was apparently in exceptionally fine condition, and was able to sit up and eat his luncheon. Later he enjoyed a nap, and conversed with members of his family. The end came, from heart failure, while his nurse was in an adjoining room at the telephone.
___Sketch of a Busy Life.
__Arthur Tappan Averill was born in Highgate Springs, Franklin county, Vermont, September 14, 1845 (sic). With his parents, he removed to Lee county, Ill., in 1852, and in 1854 removed to Whiteside county, that state. Mr. Averill grew to manhood in that locality, attending school at Geneseo with Hon. John T. Hamilton of this city, with whom he was afterwards associated in business. Mr. Averill came to Cedar Rapids in 1865, and for some years was traveling representative and superintendent of agents for McCormick Harvester company, in which work he laid the foundation for his great fortune. It was while he was identified with the McCormick people that Mr. Averill induced Mr. Hamilton to come to Cedar Rapids and become associated with him in business, the firm of Averill and Hamilton, dealers in agricultural implements, being organized in 1869. Five years later Mr. Averill disposed of his interests in the concern to Mr. J. R. Amidon, later Hamilton Brothers.
__In 1875 Mr. Averill and a few associates aquired the Cedar Rapids Gas Light company, which after a considerable struggle, was placed upon the most substantial foundation, and which has yielded a considerable addition to Mr. Averill's constantly growing fortune. Until very recent years, the direct control of this business was in his hands, its policy he dictated and every detail of the management came under his supervision. Repeated offers have been made to purchase this property, but without success. In fact, it is understood that for several weeks' past numerous capitalist have been trying to get an option on the plant, without avail.
__On the organization of the Cedar Rapids National bank Mr. Averill was elected its president, and it ranks today as one of the largest and strongest financial institutions of the midwest. In many other ways Mr. Averill has been identified with the upbuilding of the city, one of the latest investments being a large interest in the Welch-Cook company building, just nearing completion. He was one of the moving spirits in the Montrose hotel project, and declined the honor of having that magnificent hostelry named after him. He was also interested in many large projects in other states, notably in Kentucky and Louisiana, and was owner of the Vincennes hotel in Chicago. Everything with which he was identified seemed to prosper. He had the Midas-like touch, that turned everything into gold.
__Personally, Mr. Averill was a man of strong likes and dislikes. He was loyal to his friends, and not a few business men of this city owe their success to his confidence in their judgement and integrity which enabled them to get financial backing for their projects. Mr. Averill gave liberally but very unostentatiously to charity. His home life was what he enjoyed most, and a more indulgent husband, father and grandfather could hardly be imagined.
__Mr. Averil was married October 22, 1867, to Miss Alice R. Doolittle of this city, and to them were born three children, Glen M. and Miss Jessie, both of this city. A son, Arthur, died in infancy.
Arthur Tappan Averill
Sept. 14, 1843
Feb. 14, 1910

Averill family: Arthur Tappan Averill, Almira Doolittle Averill, Arthur V. Averill, Glenn Mark Averill, Edith Sherman Averill, Jessie Mary Averill & Worth Sherman Averill.

---- Obit:

The Cedar Rapids Evening Gazette, Tues., Feb. 15, 1910, p. 9, col. 4 & 3. Photo.

Cedar Rapids'
Wealthiest Man
A. T. Averill Passes Away After A Long Lingering Illness.
Funeral Will Be Held Tomorrow Morning and Will Be Private, on Account of Illness of Mrs. Averill - Remarkable Successful Career is Closed.
__Arthur T. Averill, president of the Cedar Rapids National Bank and of the Cedar Rapids' Gas Light company, Cedar Rapids' wealthiest man and most noted capitalist, died suddenly at 3:50 yesterday afternoon at his residence, 1120 Second avenue. The funeral will be held tomorrow morning, and on account of the serious illness of Mrs. Averill will be private. The body will be taken to the receiving vault at Oak Hill, where a brief prayer service will be held.
__Mr. Averill had been ill for several months, but strong hopes had been entertained for his recovery, and until yesterday the family had been looking forward to the day when his strength would permit him to leave for a gentler clime, where it was hoped he would convalense more rapidly. At noon yesterday Mr. Averill was apparently in exceptionally fine condition, and was able to sit up and eat his luncheon. Later he enjoyed a nap, and conversed with members of his family. The end came, from heart failure, while his nurse was in an adjoining room at the telephone.
___Sketch of a Busy Life.
__Arthur Tappan Averill was born in Highgate Springs, Franklin county, Vermont, September 14, 1845 (sic). With his parents, he removed to Lee county, Ill., in 1852, and in 1854 removed to Whiteside county, that state. Mr. Averill grew to manhood in that locality, attending school at Geneseo with Hon. John T. Hamilton of this city, with whom he was afterwards associated in business. Mr. Averill came to Cedar Rapids in 1865, and for some years was traveling representative and superintendent of agents for McCormick Harvester company, in which work he laid the foundation for his great fortune. It was while he was identified with the McCormick people that Mr. Averill induced Mr. Hamilton to come to Cedar Rapids and become associated with him in business, the firm of Averill and Hamilton, dealers in agricultural implements, being organized in 1869. Five years later Mr. Averill disposed of his interests in the concern to Mr. J. R. Amidon, later Hamilton Brothers.
__In 1875 Mr. Averill and a few associates aquired the Cedar Rapids Gas Light company, which after a considerable struggle, was placed upon the most substantial foundation, and which has yielded a considerable addition to Mr. Averill's constantly growing fortune. Until very recent years, the direct control of this business was in his hands, its policy he dictated and every detail of the management came under his supervision. Repeated offers have been made to purchase this property, but without success. In fact, it is understood that for several weeks' past numerous capitalist have been trying to get an option on the plant, without avail.
__On the organization of the Cedar Rapids National bank Mr. Averill was elected its president, and it ranks today as one of the largest and strongest financial institutions of the midwest. In many other ways Mr. Averill has been identified with the upbuilding of the city, one of the latest investments being a large interest in the Welch-Cook company building, just nearing completion. He was one of the moving spirits in the Montrose hotel project, and declined the honor of having that magnificent hostelry named after him. He was also interested in many large projects in other states, notably in Kentucky and Louisiana, and was owner of the Vincennes hotel in Chicago. Everything with which he was identified seemed to prosper. He had the Midas-like touch, that turned everything into gold.
__Personally, Mr. Averill was a man of strong likes and dislikes. He was loyal to his friends, and not a few business men of this city owe their success to his confidence in their judgement and integrity which enabled them to get financial backing for their projects. Mr. Averill gave liberally but very unostentatiously to charity. His home life was what he enjoyed most, and a more indulgent husband, father and grandfather could hardly be imagined.
__Mr. Averil was married October 22, 1867, to Miss Alice R. Doolittle of this city, and to them were born three children, Glen M. and Miss Jessie, both of this city. A son, Arthur, died in infancy.


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