Lucius Pond Ordway

Lucius Pond Ordway (January 21, 1862 – January 10, 1948) was an American businessman prominent in St. Paul whose investments and leadership helped create the modern 3M corporation.

Ordway in Providence, c. 1883

Early life

Ordway was the son of Aaron Lucius Ordway (1822-1903), a businessman from a family long settled in and near Essex County, Massachusetts, and Frances Ellen Hanson (1831-1873). His father was a coal and iron dealer and salesman during Ordway's childhood, but by 1883 had become a business executive for the wealthy Sayles family of Rhode Island.[1] His uncle John Pond Ordway (1824-1880) was a well-known composer and music publisher of the Civil War era. ("Pond" was the maiden name of their grandmother, Catherine Pond Ordway (1787-1851).) His brother Samuel Hanson Ordway (1860-1934) graduated from Brown University and Harvard Law School and became a prominent New York City lawyer and civil service reformer; he married painter Frances Hunt Throop in 1894.[2] Lucius was born Brooklyn, New York; graduated from Brown in 1883 and went west to St. Paul, Minnesota to find work. He became a salesman for the firm of Wilson and Rogers, which sold tools and plumbing supplies.

Career

By 1892 he had become a partner in the firm and then bought out his remaining partner, Charles Rogers. In 1893 he merged the firm with some of the Minneapolis manufacturing interests of Richard Teller Crane to create Crane & Ordway. By 1897 they were the leading manufacturer of steam engine parts in the region.[3]

Ordway had become a wealthy man and he made several outside investments. In 1908 he bought property in St. Paul and constructed The Saint Paul Hotel, opened with much fanfare in 1910.[4] But his most significant investment was the money that he put into the infant and seemingly ill-fated Minnesota Mining and Manufacturing Company, now known as 3M. From 1904 to 1906 Ordway sunk more than $200,000 in the floundering enterprise and then became the company president from 1906 to 1910. In 1910 he moved the company's headquarters to St. Paul and built a new sandpaper plant there where he could watch over his investment.[5] The company started to turn a profit during World War I and Ordway's share of the company became the source of a considerable family fortune. By the 1930s Ordway owned a villa in Palm Beach, Florida designed by fashionable architect Maurice Fatio.[6]

During World War I Ordway served on the Priorities Commission of the War Industries Board.[7]

Private life and family

Ordway married Jesse Cornwell Gilman (1864-1944) on April 29, 1885; she was the daughter of John M. Gilman, a prominent St. Paul lawyer and Democratic politician. They had five children: John Gilman Ordway (1886-1966), Samuel Gilman Ordway (1887-1942), Lucius Pond Ordway Jr. (1890-1964), Katharine Ordway (1899-1979), and Richard Ordway (1903-1976). Lucius Jr., a stockbroker, owned the West Palm Beach Indians minor league baseball team at one point; the Ordway Building, part of a cluster of buildings at Florida Southern College designed by Frank Lloyd Wright, is named in his honor. Katherine Ordway studied botany and late in her life gave millions of dollars to purchase and preserve undeveloped land, principally Midwestern prairies.[8]

The Ordways' first home, at 257 Summit Avenue in St. Paul, was designed by architect Cass Gilbert, a personal friend of Lucius'.[9]

Lucius Ordway himself was an avid sailor, being one of the founders and the first commodore of the White Bear Yacht Club. He owned a Gus Amundson 20-foot boat named "Mahto" with which he won that division in the 1898 Inland Lake Yachting Association Regatta. He purchased another Gus Amundson boat, the "Minnesota", and raced it unsuccessfully in the 1900 race for the Seewanhaka Cup. In 1904 he again raced in the Seewanhaka Cup race, this time with a boat named "White Bear" designed by Bowdoin B. Crowninshield, leading for much of the race.[10] He died in St. Paul in 1948.

Legacy

The Ordway Center for the Performing Arts in St. Paul was built largely with Ordway family money and was named in his honor. Katherine Ordway gave money for The Nature Conservancy's Lucius Pond Ordway Devil's Den Preserve in Connecticut and named it for her father.

References

  1. "The Financial Angel Who Rescued 3M: The Life and Times of Lucius Pond Ordway", Virginia Brainard Kunz and John M. Lindley, Ramsey County History, volume 36, number 3 (Fall 2001), p. 4
  2. Who's Who in America, Chicago: A. N. Marquis and Co., 1916, vol. 9, p. 1848
  3. "Crane Building". Saint Paul Historical.
  4. "History | Saint Paul Hotel - Downtown St. Paul MN". www.saintpaulhotel.com.
  5. "A Century of Innovation: The 3M Story", 2002, p. 4-5
  6. "Lucius Pond Ordway's 'Villa Bel Tramonto' Estate, Palm Beach, FL". digitalcollections.smu.edu. Retrieved 2021-05-09.
  7. Members of the War Industries Board Organization, Washington: Government Printing Office, 1919, p. 20
  8. "The Lady Who Saved the Prairies", Kelly M. Paulson, 2001
  9. "The Financial Angel...", p. 12
  10. "Club management, made easy". www.ilya.org.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.