Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens — John Shaqi
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
Leverett Alcott was born in Walcott, New Haven county, Connecticut, in
1820. From early boyhood his taste was for mercantile pursuits. At the age
of seventeen he obtained a position in an extensive country store at
Bristol Basin, on the Farmington Canal, (now Plainville.) By diligence and
perseverance, he was soon promoted from the duties of errand boy to a
responsible position, and in course of time stood at the head of all the
clerks in the establishment.
For the benefit of neophytes in commercial life, it may not be
uninteresting to state how boys were made merchants in those days, and the
remuneration they received for services. They were not (as is too often
the case at the present time) transformed in a few months from crude green
boys to merchants, but were obliged to learn the business by actual
experience. An arrangement was made in this case for three years, on the
following conditions: fifty dollars for the first year, seventy-five
dollars for the second year, and one hundred dollars for the third and
last year, with board in his employer's family. With this modest salary it
required the utmost care and rigid economy to clothe and keep himself; but
where there's a will there's a way, and the economy thus practiced in
early life was no detriment in laying the foundation for a sound business
career in after life. After having fulfilled his engagement with his
employer, he spent some three years of mercantile life at the South, but
the customs of the country, and the barbarous system of slavery were so
repulsive to his feelings that he abandoned that field for the more
congenial and prospectively profitable activities of the West, and in
December, 1842, landed at Medina, in this State. In the Spring of 1845, a
mercantile copartnership was formed with Mr. Augustus W. North, under the
firm name of North & Alcott. During the subsequent Fall he married Miss
Mary A. Williams, with the view of permanently settling at that place, but
the mercantile prospects, and the growth of the town not appearing
satisfactory to his views, the firm of North & Alcott was dissolved and
the business discontinued, to be reconstructed and opened in a wider field
and on a broader basis. Accordingly, in the Spring of 1849, (just twenty
years ago,) a business arrangement was entered into with his present
partner, Mr. Burrett W. Horton, a former school mate, under the firm name
of Alcott & Horton. The business was to be the retailing of dry goods, and
located at 177 Superior street, in Harrington's Block. The beginning was a
moderate one, with a very limited capital, but what was lacking in capital
was made up in energy, industry and perseverance. At first a retail trade
only was contemplated, which was continued some four years, when the rapid
growth of the city and increase of business induced them to open a
wholesale department in the lofts of their store. Subsequently they closed
their retail business and occupied the whole building for their jobbing
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