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James Buchanan Duke
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James was born December 23, 1856, Orange Co, NC, near Durham, NC. He worked with his brothers and father in manufacturing tobacco on his father's farm. Business expanded into a wooden factory in the 1870's. Headed firm of W. Duke and Sons. Formed American Tobacco Company and became its president. It was was declared an illegal trust and broken up by the Supreme Court in 1911. It's pieces later became Liggett and Myers, P. Lorillard, and R. J. Reynolds. Established Duke Endowments; provided funds for Duke and other universities and colleges and for hospitals. Created the Southern Power System. Renamed Duke Power after his death, the company remains a major utility in North and South Carolina.He died October 10, 1925, New York City, NY
Added by: Helen L. Smith Hoke
8/26/2003
 
 

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