Title: Chattanooga Land, Coal, Iron and Railway Co., letterhead, 715 Walnut Street, July 20, 1892
Catalog Number: 2017.007.0001
Date (Years): 1891-1900
The Tennessee Coal, Iron and Railroad Company (1852–1952), also known as TCI and the Tennessee Company, was a major American steel manufacturer with interests in coal and iron ore mining and railroad operations. Originally based entirely within Tennessee, it relocated most of its business to Alabama in the late nineteenth century. With a sizable real estate portfolio, the company owned several Birmingham satellite towns, including Ensley, Fairfield, Docena, Edgewater, and Bayview.
At one time the second largest steel producer in the USA, TCI was listed on the first Dow Jones Industrial Average in 1896. However, in 1907, the company was merged with its principal rival, the United States Steel Corporation. The Tennessee Coal, Iron and Railroad Company was subsequently operated as a subsidiary of U. S. Steel for 45 years until it became a division of its parent company in 1952.
Chattanooga Land, Coal, Iron, and Railway Co.
715 Walnut Street
T. D YOUNG, PRESIDENT J. T McCHESNEY, VICE PRESIDENT. H. C. BECK, SEC, AND TREAS.
Chattanooga, Tenn. July 20th, 1882
My Dear Sir:
About four weeks ago we mailed you complete Information advising as to the REORGANIZATION of the Chattanooga Land, Coal, Iron and Railway Co., in which .Company the books show you to be a stockholder. As you have not as yet availed yourself of the right to deposit your stock under the terms of the Reorganization we wish to remind you that the 30th of July is the last day on which stock can be deposited so as to obtain the benefits of the plan.. Please send your stock to the First National Bank, Chattanooga, and obtain receipt for it on or before the 30th inst. A large amount has already been deposited. It is the desire of. the Directors of the Company that every share of stock be represented in the Reorganized Company.
Very Truly Yours,
H. C. BECK,
Sec’y and Treas.
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