Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens
History
Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens
Cleveland (Ohio) -- Biography; Cleveland (Ohio) -- History
father, Samuel Philpot, now dead. Soon after his removal to Portage county
he became interested with Mr. Philip Price, in the excavation of the
Pennsylvania and Ohio canal, and during the progress of the work they
purchased land on either side of the canal, including Lock fourteen, where
they built a saw and flouring mill, using the canal water as motive power.
Towards the latter part of 1839, Mr. Philpot purchased the interest of Mr.
Price in the mills and land, and ran the mills successfully, until 1841,
when he sold both mills and land to Colonel Elisha Garrett, of
Garrettsville. In the Spring of 1841, Mr. Philpot rented his home farm and
removed with his family to Middlebury, Summit county, where he had
purchased a coal bank, and engaged once more in the coal trade.
The importance of his operations in coal, both to the business of the coal
regions and of Cleveland, which formed his principal market, can scarcely
be overestimated. Before removing to Springfield he discovered there, in
1840, a valuable coal mine, which he afterwards developed and worked
successfully, building a railroad of about three miles from the mines to
the canal at Middlebury, whence the coal was shipped to Cleveland. This
road he stocked with about forty coal cars, and for several years his mine
supplied the principal demand for the Cleveland market. In 1843, he
developed and improved the celebrated Chippewa mines, Wayne county, near
the village of Clinton, and built a railroad to the Ohio canal. From these
mines he supplied the Cleveland market with large quantities of coal until
the year 1845, when he sold out half his interests in them to Mr. Lemuel
Crawford, and some time afterward he sold one-quarter interest to Mr.
David Camp.
His next remove was to Youngstown, where, in 1846, he leased the Manning
and Wertz bank, and while sinking for coal, discovered iron ore. He then
went to Pittsburgh and endeavored to get up a furnace company, but not
being successful, he returned, and associated himself with Jonathan
Warner and a few others in organizing the Ohio Iron and Mining Company,
now known as the Eagle Furnace Company, Messrs. Philpot and Warner owning
two-thirds of the entire stock. Mr. Philpot at that time opened and
developed the Wertz and Manning Briar Hill coal mines, the furnace having
been built with the purpose of smelting iron ore with raw stone coal,
being the second constructed for this purpose in the Mahoning Valley, the
first being that of Wilkenson, Wilks & Co., at Lowellville. The
experiment was hazardous, and was carried forward under many difficulties,
financial and otherwise, but the energy and enterprise of Mr. Philpot
triumphed over them all.
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