Charles M. Swift

Last updated
Charles M. Swift
Born(1854-03-19)March 19, 1854 [1]
Middlebury, Vermont, United States
DiedJune 21, 1929(1929-06-21) (aged 75) [2]
NationalityAmerican
Occupation(s)Lawyer, businessman
Known forFounding Meralco, an electrical utility in the Philippines, and several railroads in the Philippines and Michigan

Charles May Swift (1854-1929) was the American businessman who founded Meralco, the largest electric utility and one of the leading companies of the Philippines, founded as the Manila Electric Railroad and Light Company. A lawyer from Detroit, Michigan, United States, Swift also founded the Philippine Railway Company Inc (now known as Panay Railways) and several other railroads in Michigan.

Contents

Swift was born in Middlebury, Vermont and moved to Detroit when he was still a child. He finished school, graduating from Detroit High School, in 1870, and was admitted to the bar in 1877. [3] He made his fortune in mining. [4] He practiced law until about 1893, after which he was involved with building and operating electric trams and steam railroads in Michigan and the Philippines, then a colony of the United States. Investments in trolleys and the Philippines were profitable for him. [4] Railroads in the Philippines and Michigan that he was involved with building include, in the Philippines, the Philippine Railway Company, the Manila Electric Railroad and Light Company and Manila Suburban Railways Company; and in Michigan, the Wyandotte and Detroit River Railway, the Rapid Railway, and the Detroit and Port Huron Shore Line Railway. [1] He was also president and director of the Nipigon Mining Lands Company. [1]

He married Clara Trowbridge in 1886 and later Jessica Stewart Sylvester in 1913. [3] He had no children. [3] He lived for many years in Grosse Pointe, Michigan. [1]

In 1929, he became ill and withdrew all his money from the stock market in order to set up family trusts. [4] He would die on June 21 before the Wall Street Crash of 1929, thus inadvertently saving his fortune from that financial disaster. [4] [2] He is buried in Middlebury. [2]

His papers are at the Henry Sheldon Museum of Vermont History in Middlebury, VT as part of the Stewart-Swift Research Center, along with papers and documents from his and his second wife's family. [4] [3]

He was a trustee of Middlebury College and bequeathed US$200,000 to the college, to be paid after his wife dies and the life trust for her benefit was dissolved. [5]

He owned two vacation homes in Vermont, both of which still exist. One on Lake Champlain in Ferrisburg, Vermont, he named Grosse Pointe [6] after his hometown in Michigan. [7] The other in Middlebury is currently an inn known as the Swift House Inn. [7]

See also

Related Research Articles

<span class="mw-page-title-main">Ferrisburgh, Vermont</span> Town in Vermont, United States

Ferrisburgh is a town in Addison County, Vermont, United States. It was founded June 24, 1762. The population was 2,646 at the 2020 census. The town is sometimes spelled Ferrisburg.

<span class="mw-page-title-main">Shelburne, Vermont</span> Town in Vermont, United States

Shelburne is a town in Chittenden County, Vermont, United States. Located along the shores of Lake Champlain, Shelburne's town center lies approximately 7 miles (11 km) south of the city center of Burlington, the largest city in the state of Vermont. As of the 2020 census, the population of Shelburne was 7,717.

<span class="mw-page-title-main">Edsel Ford</span> American businessman (1893–1943)

Edsel Bryant Ford was an American business executive and philanthropist who was the only child of pioneering industrialist Henry Ford and his wife, Clara Jane Bryant Ford. He was the president of Ford Motor Company from 1919 until his death in 1943.

<span class="mw-page-title-main">Middlebury, Vermont</span> Town in Vermont, United States

Middlebury is the shire town of Addison County, Vermont, United States. As of the 2020 census, the population was 9,152. Middlebury is home to Middlebury College and the Henry Sheldon Museum of Vermont History.

<span class="mw-page-title-main">Russell A. Alger</span> American politician

Russell Alexander Alger was an American politician and businessman. He served as the 20th governor of Michigan, U.S. Senator, and U.S. Secretary of War.

<span class="mw-page-title-main">Meralco</span> Philippine electric company

The Manila Electric Company, also known as Meralco, is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 municipalities, including the whole of the National Capital Region and the exurbs that form Mega Manila.

<span class="mw-page-title-main">Dean Conant Worcester</span> American zoologist and ornithologist

Dean Conant Worcester, D.Sc., FRGS was an American zoologist, public official, and authority on the Philippines. He was born at Thetford, Vermont, and educated at the University of Michigan. He first went to the Philippines in 1887 as a junior member of a scientific expedition, and built a controversial career in the early American colonial government beginning in 1899 based upon his experience in the country. He was fiercely opposed to Philippine independence and a firm believer in the colonial mission. He served as the influential Secretary of the Interior of the Philippine Islands until 1913 when he began focusing on his business interests. He died in the Philippines having organized and managed businesses that included coconut farming and processing, cattle raising, and a maritime shipping line.

<span class="mw-page-title-main">John Wolcott Stewart</span> American politician

John Wolcott Stewart was an American lawyer and politician from Vermont. He served as Speaker of the Vermont House of Representatives and as the 33rd governor of Vermont before serving in the United States House of Representatives and briefly in the United States Senate.

<span class="mw-page-title-main">Lawrence Brainerd</span> American politician

Lawrence Brainerd was an American businessman, abolitionist and United States Senator from Vermont. A longtime anti-slavery activist, after leaving the Jacksonians in the 1830s, Brainerd was active in the Whig, Liberty, and Free Soil parties, and was one of the organizers of the Republican Party when it was formed as the main anti-slavery party in the mid-1850s. Brainerd's longtime commitment to the cause of abolition was recognized in 1854, when opponents of slavery in the Vermont General Assembly chose him to fill a five-month vacancy in the United States Senate.

<span class="mw-page-title-main">Edward Curtis Smith</span> Governor of Vermont

Edward Curtis Smith was an American attorney, businessman, and politician from Vermont. A Republican, he was most notable for his service as the 47th governor of Vermont from 1898 to 1900.

<span class="mw-page-title-main">Stephen Royce</span> American judge

Stephen Royce was an American lawyer, judge and politician. Originally a Democratic-Republican, and later a Whig Party, he became a Republican when the party was formed in the mid-1850s. Royce served as an associate justice of the Vermont Supreme Court from 1829 to 1846, chief justice from 1846 to 1852, and 23rd governor of Vermont from 1854 to 1856.

<span class="mw-page-title-main">Cassius Milton Wicker</span>

Cassius Milton Wicker was a railroad manager and banker.

<span class="mw-page-title-main">George D. Mason</span> American architect

George DeWitt Mason was an American architect who practiced in Detroit, Michigan, in the latter part of the 19th and early decades of the 20th centuries.

<span class="mw-page-title-main">Henry Sheldon Museum of Vermont History</span> History museum

Henry Sheldon Museum of Vermont History, also known as the Sheldon Museum, is a history museum in Middlebury, Vermont created by Henry Sheldon in 1882 focusing on his private collections and the history of the state of Vermont, US. It is located in the 1829 Judd-Harris House, a three-story brick Federal house, which showcases much of the museum's collections, including furniture, art, and artifacts.

Clinton Smith was an American architect. He designed many buildings in Middlebury and around Vermont.

<span class="mw-page-title-main">Charles Linsley</span> American lawyer

Charles Linsley was a Vermont lawyer and politician. The son-in-law of Daniel Chipman, he was notable for his service as United States Attorney for the District of Vermont (1845-1849), member of the Vermont House of Representatives (1858-1859), and U.S. Collector of Customs for Vermont (1860-1861).

<span class="mw-page-title-main">Daniel Chipman Linsley</span> American engineer, railroad executive, and politician

Daniel Chipman Linsley was an engineer, businessman, author, and political figure from Vermont. He was most notable for his railroad work which included serving as chief engineer of the Central Vermont Railway and assistant chief engineer of the Northern Pacific Railroad. Linsley was also active in politics and government in his hometown of Burlington, Vermont and briefly served as Burlington's mayor in 1870.

<span class="mw-page-title-main">Manila Railroad Company</span> Historical rail transport operator

The Manila Railroad Company (MRR) was a Filipino state-owned enterprise responsible for the management and operation of rail transport in the island of Luzon. It was originally established by an Englishman named Edmund Sykes as the private Manila Railway Co., Ltd. on June 1, 1887. British engineer Horace L. Higgins was then assigned at the helm in Manila as its first general manager. On July 7, 1906, a separate private entity named the Manila Railroad Company of New Jersey was established. The two companies continued to own the Luzon railroad network until February 4, 1916 when the Insular Government acquired both companies and absorbed them into the new Manila Railroad.

<span class="mw-page-title-main">Bert L. Stafford</span> American attorney and politician (1877–1941)

Bert Linus Stafford was an American attorney and politician from Vermont. A Republican, he was most notable for his service in the Vermont House of Representatives from 1906 to 1908, as State's Attorney of Rutland County from 1910 to 1915, and as mayor of Rutland from 1915 to 1917. He was the father of Vermont governor and U.S. Senator Robert Stafford.

References

  1. 1 2 3 4 "Addison County Vermont Biographies". Vermont Genealogy Trails. Retrieved 18 November 2015. Source: The Book of Detroiters. Edited by Albert Nelson Marquis Copyright, 1908 - Contributed by Christine Walters
  2. 1 2 3 4 "CHARLES MAY SWIFT.; President of Philippine Railway Dies at Ferrisburg, Vt". New York Times. June 22, 1929. Retrieved 25 April 2017.
  3. 1 2 3 4 "Jessica Swift family papers, 1776-1982 (bulk 1850-1915)". Henry Sheldon Museum of Vermont History. Retrieved 18 November 2015.
  4. 1 2 3 4 5 Albers, Jan. "Museum Offers a Look into the Life of local Jewel, Jessica Swift". Henry Sheldon Museum of Vermont History. Retrieved 18 November 2015.
  5. "C.M. SWIFT LEFT $400,000 TO CHARITY; Middlebury College to Receive $200,000 From $1,000,000 Estate of Rail Head. $100,000 TO HOSPITALS Detroit and New York Centres Will Share Sum-Bequests to Be Made After Death of Wife". New York Times. July 6, 1929. Retrieved 25 April 2017.
  6. At 44°14′15″N73°18′55″W / 44.237364°N 73.315401°W
  7. 1 2 Geist, Isabella (August 31, 2004). "Vermont Valhalla". Forbes. Retrieved 18 November 2015.