Wells Fargo Research Paper

770 Words2 Pages

Makenzie Beier
Humanities 6A
Research Project
April 15th, 2016

The Development of Wells Fargo
In the 1800´s


“...Proper respect must be shown to all…”
-Henry Wells, 1888

The Wells Fargo Company was founded during the time of the Gold Rush in 1853. When the company was founded, the main purpose was for the population to store their earnings and gold found in the West such as California. Similar to the 21st century, Wells Fargo embodied resourcefulness because of the trust earned in many’s hearts. Wells Fargo extended the limits so everyone could get the service they wanted and needed, they were very open to ideas such as the Pony Express, and the people who made it all happen, William Fargo and Henry Wells.
Wells Fargo improved greatly through the years after it was established on March 18th, 1852 by Henry Wells and William Fargo. In 1855, three years after Wells Fargo was established, the company translated into all different languages to serve all equally. In 1858, …show more content…

He left school at age thirteen to start his training for work. In the winter of 1838 he started to work with Hough and Gilchrist Grocers and worked with them for a year. He later went to work for the Roswell and Willett Hinman and worked with them for three years. In 1841, he became a freight agent and later became vice president and director of the New York Central Railroad Company. Like Henry Wells, he was a very successful businessman, yet managed to have a family to support. Fargo married Anna Hurd Fargo in 1840 whom had eight children, Georgina, Alma, Sarah, William, Hannah, Mary. Helen, and Edwin. In 1862 he became the 27th Mayor of Buffalo, New York and retired in 1866. On August 3rd, 1881, after battling with illness for several months, William Fargo passed away. He was buried in Forest Lawn Cemetery with only two of his eight children living. Nine years later, his long loved wife, Anna Hurd had

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