Mark Hopkins

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Mark Hopkins

Mark Hopkins (born September 1, 1813 in Henderson , New York , † March 29, 1878 in Yuma , Arizona ) was an American railroad magnate.

Mark Hopkins, an accountant in New York City , traveled on the Pacific ship around Cape Horn to Sacramento during the gold rush in 1849 , but had no luck digging and opened a shop instead. In 1856 he teamed up with Collis P. Huntington .

The Republican Party of California was also established in the Huntington & Hopkins Hardware Store in March 1856 . Hopkins' inner circle also included Leland Stanford and Charles and Edwin Crocker . In 1860, Huntington learned from Theodore Judah that a new railroad line agreement would be reached under Abraham Lincoln , and decided to take advantage of it. He passed the information on to Hopkins, who agreed to invest $ 1,500 in the new company. This created the basis for his profits with the Central Pacific Railroad and in 1861 he became the company's treasurer. In this role, too, he preferred to stay in the background, as before. He was skeptical of the visions of his partners who wanted to expand the railway network further and thereby lost sight of the main line. For example, he resisted the purchase of the Western Pacific Railroad , for which Crocker advocated a railway network throughout California. A rift broke out when Hopkins gave in and bought the railway in 1867.

The Hopkins Estate in San Francisco

Despite his wealth, Mark Hopkins remained reserved and humble. He lived in a small rented house in San Francisco until his wife forced him to build a prestigious home. However, he did not live to see the completion of this house. He died in his sleep in a railroad car. His widow Mary took a liking to the interior designer Edward Francis Searles by Herter Brothers , which was to advise them on facility issues, these a few years later married and eventually inherited him compiled by Hopkins faculty, which later partially in the Arthur T. Walker Estate Corporation was incorporated .

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