Jump to content

John I. Beggs

From Alfawiki
John Irvin Beggs
BornTemplate:Birth date
Philadelphia, Pennsylvania, U.S.
DiedOctober 17, 1925(1925-10-17) (aged 78)
Milwaukee, Wisconsin, U.S.
Occupation(s)Entrepreneur, electric utility executive, financier
Known forExpansion of electric utilities; early board member of General Electric; pioneer in corporate depreciation practices

John Irvin Beggs (September 17, 1847 – October 17, 1925) was a prominent American entrepreneur associated with the expansion of electric utilities during the era of Thomas Edison. He held influential positions within electric power companies and regional rail and interurban trolley networks in metropolitan areas such as Milwaukee and St. Louis. Beggs is noted for pioneering contemporary depreciation practices in corporate accounting and was among the early board members of the company that evolved into General Electric.

Early Life

Born in Philadelphia to James and Mary Irvin Beggs, who were of Scottish heritage originating from Northern Ireland, Beggs faced the loss of his father at age seven. To support his family, he undertook various jobs including working in a brickyard, tending cattle, and performing as a butcher.

Education

Before relocating to Harrisburg, Pennsylvania at 21, Beggs instructed courses in accounting and penmanship at Bryant & Stratton Business College in Philadelphia. In Harrisburg, he began his career as an accountant with Mitchell & Haggerty Coal Company, later transitioning into real estate and fire insurance sales. He also became a member of Masonic organizations, maintaining this affiliation throughout his life.

Involvement in Electric Lighting

Beggs played a key role in founding the Harrisburg Electric Light Co., overseeing the construction and operation of what became the first commercially viable electric lighting facility in the United States. His involvement was sparked when he chaired the building committee for Grace Methodist Episcopal Church in Harrisburg and electrified the sanctuary—marking it as the first church worldwide to substitute candles with electric bulbs.

He married Sue Elizabeth Charles in Harrisburg, and they had one daughter named Mary Grace Beggs. Following his success with Harrisburg’s electric plant, J.P. Morgan enlisted him in 1886 to lead New York City’s Edison Illuminating Company. Over five years, Beggs established two power stations, including the Pearl Street station that initially supplied electricity to Wall Street brokerage firms.

Collaborating closely with Thomas Edison, Beggs became part of the Edison Pioneers and served on the board of the Illuminating Company. He also held a directorship at Detroit Edison during the period when Henry Ford first introduced his automobile startup concept to potential investors.

Professional Journey

After New York, Beggs relocated to Chicago as Western Manager for the Edison Company, remaining until its consolidation with Thomson-Houston Electric Company to create General Electric. The newly formed North American Company acquired electric lighting interests in Cincinnati, Ohio, where Beggs oversaw operations. As the company expanded into electric railways and lighting services in Milwaukee, Wisconsin, he divided his efforts between these locations until 1897 when Cincinnati holdings were sold and he concentrated on Milwaukee utilities.

In 1903, North American Company purchased electric lighting properties in St. Louis, Missouri. Initially acting as an advisor, Beggs split his time between Milwaukee and St. Louis. He served as president of St. Louis’s electric lighting enterprise, gas company, street railway firm, and also held the roles of president and general manager of The Milwaukee Electric Railway and Light Company. During this period, he was instrumental in developing Milwaukee’s Public Service Building and constructing interurban railway routes extending from the city.

By 1911, after acquiring a controlling stake in the St. Louis Car Company, Beggs resigned from his positions in Milwaukee companies and moved permanently to St. Louis. While maintaining business connections in Milwaukee, he established St. Louis as his primary residence.

Beggs Isle

In the spring of 1911, Beggs acquired Beggs Isle located in Lac La Belle, close to Oconomowoc, Wisconsin, and developed it into a summer retreat for himself and his daughter's family. He cultivated the island into a botanical haven, introducing exotic species such as Egyptian papyrus that were specially acclimated to withstand Wisconsin's winter conditions. Additionally, he organized grand fireworks exhibitions to mark Fourth of July festivities.

By 1915, Beggs expanded his investments into northern Wisconsin's water power ventures while continuing to reside in St. Louis. In 1920, he secured re-election as president of The Milwaukee Electric Railway and Light Co., a role he maintained until his passing.

Beggs was a member of the Executive Committee at the North American Company and held an active investment role with the First Wisconsin National Bank. During his final ten years, he supervised the construction of what became the second-largest paper mill in the nation, restructured the J. I. Case Plow Company, financed a hotel development in Atlantic City, and managed a major real estate deal in Florida.

Director and Officer

At the time of his death, Beggs held directorships or officer positions in 53 corporations, including:

  1. Director at North American Edison Company (now General Electric)
  2. Director and Executive Committee member at The North American Company
  3. Director, President, and Executive Committee member at The Milwaukee Electric Railway and Light Company
  4. Director and Vice-President at Wisconsin Gas & Electric Company
  5. Director and Chairman of the Executive Committee at Briggs & Stratton Corporation
  6. Director and Chairman of the Board at St. Louis Car Company
  7. Director at J. I. Case Plow Works Company, Inc.
  8. Director and President at Southern Improvement Company
  9. Director and member of Executive and Finance Committees at First Wisconsin National Bank, Milwaukee
  10. Director at First Wisconsin Company, Milwaukee
  11. Director and member of Executive and Finance Committees at Grand & Sixth National Bank, Milwaukee
  12. Director at First National Bank in St. Louis
  13. Director and President at Milwaukee Northern Railway Company
  14. Director and President at Wisconsin Traction, Light, Heat & Power Company
  15. Director at Peninsular Power Company
  16. Director at North American Utilities Investment Corporation
  17. Director at West Kentucky Coal Company
  18. Director at United Railways Company of St. Louis
  19. Director and Executive Committee member at Wisconsin Securities Company
  20. Director at Wisconsin Public Service Corporation
  21. Director at Menominee & Marinette Light & Traction Company
  22. Director at Wisconsin Railway, Light & Power Company
  23. Director at Land & Sea Investment Company, Baltimore
  24. Director at Oil Transport Company, Baltimore
  25. Director at Wisconsin Power, Light & Heat Company
  26. Director at Wisconsin River Power Company (Hydro-Electric)
  27. Director at Southern Wisconsin Power Company (Hydro-Electric)
  28. Director and member of Executive and Finance Committees at Northwestern Casualty & Surety Company
  29. Director at The Newport Company
  30. Director at Milwaukee Coke & Gas Company
  31. Director and President at Globe Electric Company
  32. Director and President at Globe Real Estate Company
  33. Director and President at Wisconsin Real Estate Development Corporation
  34. Director and President at Grand & Sixth Building, Inc.
  35. Director, President, and Treasurer at Central Utilities Securities Corporation
  36. Director at Midland Oil, Gas & Refining Company
  37. Director at Lane Oil Producing Company
  38. Director and President at Johnson & King Coal Company
  39. Director at Raven Mining Company
  40. Director and President at American Granite Company
  41. Director at Shotwell Manufacturing Company
  42. Director and President at East Coast Development Company (Florida)
  43. Director and President at Louisiana Pulp & Paper Company (Bastrop, LA)
  44. Director at Frankenberg Refrigerating Company
  45. Vice-President at Prescott & Northwestern Ry. Company (Prescott, Ark.)
  46. President of Montana Railroad Company (Clarksville, Ark.)
  47. President of the President Apartment Hotel Company (Atlantic City)

Legacy

He passed away in Milwaukee on October 17, 1925, at the age of 78 and was laid to rest in Harrisburg, Pennsylvania. Throughout their lives, Edison and Beggs maintained a close friendship; on Beggs' 75th birthday at Beggs Isle, Edison presented him with a grandfather clock along with a signed photograph bearing the inscription "To my hustler friend, (signed) Thomas A. Edison."

At the time of his passing, Beggs' fortune was valued at over $20 million. This substantial estate was inherited by his grandchildren: Robert Paxton McCulloch (1911–1977), Mary Sue McCulloch ("Suzie Linden") (1913–1996), and John Irvin Beggs McCulloch (1908–1983).

Filmography

  • The Trolley at East Troy – A 1986 documentary directed by Louis Rugani that highlights the establishment and preservation initiatives of the trolley line.

See also

Further reading

  • Forrest McDonald, Let There Be Light: The Electric Utility Industry in Wisconsin, 1881-1955 (1957)
  • Bruce McCulloch Jones, The High Tide at Gettysburg (2013)
  • In Memoriam, John Irvin Beggs (1926), 49 pages including photograph
  • Ken Riedl & William F. Jannke III, Watertown History Annual 2: Hometown Series (pp. 13-19)

External links