RITTNER: Troy’s Gilded Age had millionaires! Part 2
Manufacturing collars and cuffs
NOTE: His manufacturing was located at 155 & 157 River Street, later used by Thompson Drugs and still standing. Charles was a widower when he died from ‘appendicitis, heart clot’. He was a leading manufacturer of knit goods in NY. Office was on 346 Broadway. He was the inventor of the elastic seam drawers and the harder-fold underwear. Owned the Rob Roy Hosiery Mills in Troy. He was a director in several banks and left an estate valued at between $750K & $1 million.
Inherited, made inventions and making of patented articles, cultivators, machine for making horseshoes, hook head iron splices, etc. Also in iron mines
Inherited, made inventions and making of patented articles, cultivators, machine for making horseshoes, hook head iron splices, etc. Also in iron mines
NOTE: It is said by some historians that these two, particularly Townsend did not handle money well.
Merchandising drugs
NOTE: Thompson building still survives on River Street.
Manufacturing valves
NOTE: Ludlow Valve began with Henry G. Ludlow in Waterford in 1866 producing fire hydrants. Moved to Lansingburgh in 1872, then Troy until 1969 when they closed. Ludlow moved into the old Rensselaer Rolling Mills. Burned in the early 70s. I have seen........
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