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Chauncey Rose

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Chauncey Rose

Birth
Wethersfield, Hartford County, Connecticut, USA
Death
13 Aug 1877 (aged 82)
Terre Haute, Vigo County, Indiana, USA
Burial
Terre Haute, Vigo County, Indiana, USA GPS-Latitude: 39.4765279, Longitude: -87.3491946
Plot
Section 1
Memorial ID
View Source
Philanthropist, humanitarian, and businessman. He was the son of Scottish immigrants. Rose learned at an early age the virtues of self-reliance and mutual helpfulness. He outlived six brothers and one sister, all of whom died childless. Two of his brothers, George and John, were successful businessmen in Charleston, South Carolina. and New York, respectively. He was educated in the common schools of his district. Though only rudimentary in scope, his brief education inspired in him a respect and yearning for knowledge. During the autumn of 1817, he visited the states of Indiana, Illinois, Kentucky, Tennessee, and Alabama, looking for a place in which to reside and engage in business. After spending the winter in Mt. Sterling, Kentucky, he settled in April in Terre Haute, and soon afterward moved to Parke county, where for six years he devoted his attention to milling. In 1825 he returned to Terre Haute and entered business, becoming one of the most successful merchants of that region. His profits were judiciously invested in land, and he acquired a large fortune. He was active in securing railway transportation in Indiana, and was the principal pro-motet of the Terre Haute and Indianapolis railroad. On the death of his brother John, he found that the will, if it were executed under the laws of New York, would not accomplish the clearly defined intentions of the testator. He accordingly instituted legal proceedings to have it set aside, and after six years of litigation succeeded in doing so. The estate was then valued at $1,600,000, to which he became sole heir. Although legally entitled to the money, he at once endeavored to carry out his brother's wishes and expended about $1,500,000 in charities, principally in New York. Besides other sums, he contributed $12,000 to endow an academy in Wethersfield, and his gifts for philanthropic purposes in Terre Haute and vicinity exceed $1,000,000. Among the special objects of his interest were the Providence hospital, the Free dispensary, and the Rose orphan asylum, which he endowed with sufficient money to assure its permanency. His chief benefaction was the building and equipment of Rose Polytechnic Institute (now Rose-Hulman Institute of Technology) to which he left the greater part of his estate, so that this institution has a productive capital, exclusive of the buildings," of at least $500,000. In 1874 it was organized as the Terre Haute school of industrial science, with Mr. Rose as president of its board of managers, and in 1875 it assumed its present designation, Its chief purpose is to provide higher education in mechanical engineering, and it is the only separate school of its character in the western states. Indeed, he arranged for the construction of the Terre Haute and Indianapolis Railroad, widely acclaimed as on of the best and safest railroads in the country. He also contributed heavily to nearly every church edifice in town in his day. He was a major contributor to Wabash College and State Normal school (now Indiana State University.) Chauncey Rose was truly one of Terre Haute's first families.
Philanthropist, humanitarian, and businessman. He was the son of Scottish immigrants. Rose learned at an early age the virtues of self-reliance and mutual helpfulness. He outlived six brothers and one sister, all of whom died childless. Two of his brothers, George and John, were successful businessmen in Charleston, South Carolina. and New York, respectively. He was educated in the common schools of his district. Though only rudimentary in scope, his brief education inspired in him a respect and yearning for knowledge. During the autumn of 1817, he visited the states of Indiana, Illinois, Kentucky, Tennessee, and Alabama, looking for a place in which to reside and engage in business. After spending the winter in Mt. Sterling, Kentucky, he settled in April in Terre Haute, and soon afterward moved to Parke county, where for six years he devoted his attention to milling. In 1825 he returned to Terre Haute and entered business, becoming one of the most successful merchants of that region. His profits were judiciously invested in land, and he acquired a large fortune. He was active in securing railway transportation in Indiana, and was the principal pro-motet of the Terre Haute and Indianapolis railroad. On the death of his brother John, he found that the will, if it were executed under the laws of New York, would not accomplish the clearly defined intentions of the testator. He accordingly instituted legal proceedings to have it set aside, and after six years of litigation succeeded in doing so. The estate was then valued at $1,600,000, to which he became sole heir. Although legally entitled to the money, he at once endeavored to carry out his brother's wishes and expended about $1,500,000 in charities, principally in New York. Besides other sums, he contributed $12,000 to endow an academy in Wethersfield, and his gifts for philanthropic purposes in Terre Haute and vicinity exceed $1,000,000. Among the special objects of his interest were the Providence hospital, the Free dispensary, and the Rose orphan asylum, which he endowed with sufficient money to assure its permanency. His chief benefaction was the building and equipment of Rose Polytechnic Institute (now Rose-Hulman Institute of Technology) to which he left the greater part of his estate, so that this institution has a productive capital, exclusive of the buildings," of at least $500,000. In 1874 it was organized as the Terre Haute school of industrial science, with Mr. Rose as president of its board of managers, and in 1875 it assumed its present designation, Its chief purpose is to provide higher education in mechanical engineering, and it is the only separate school of its character in the western states. Indeed, he arranged for the construction of the Terre Haute and Indianapolis Railroad, widely acclaimed as on of the best and safest railroads in the country. He also contributed heavily to nearly every church edifice in town in his day. He was a major contributor to Wabash College and State Normal school (now Indiana State University.) Chauncey Rose was truly one of Terre Haute's first families.


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