Darius Ogden Mills
| Darius Ogden Mills | |
|---|---|
Darius Ogden Mills
|
|
| Born |
September 25, 1825 North Salem, New York, United States |
| Died | January 3, 1910 (aged 84) Millbrae, California, United States |
| Cause of death | Heart attack |
| Resting place |
Sleepy Hollow Cemetery, Sleepy Hollow, New York |
| Education | Mt. Pleasant Academy |
| Occupation | Banker, investor, mining & railway executive, philanthropist |
| Spouse(s) | Jane Templeton Cunningham (m. 1854) |
| Children |
Ogden Mills Elisabeth Mills |
| Parent(s) | James Mills Hannah Ogden |
| Relatives |
Ogden L. Mills (grandson) Ogden Mills Reid (grandson) Gladys L. Mills (granddaughter) Jane B. Mills (granddaughter) Jean T. Reid (granddaughter) |
Darius Ogden Mills (September 25, 1825 – January 3, 1910) was a prominent American banker and philanthropist. For a time, he was California's wealthiest citizen.
Mills was born in North Salem, in Westchester County New York, the fifth son of Hannah Ogden (1791–1850) and James Mills (1788–1841), a Supervisor, Postmaster and Justice of the Peace for the town of North Salem. His maternal grandfather was William Ogden (1767–1815), who was from Dutchess County and a member of the prominent Ogden family of New York and New Jersey. He was educated at North Salem Academy and Mt. Pleasant Academy.
Shortly after his father's death in 1841, he began working as a clerk in a small general store in New York City at the age of 15. At age 21, he moved to Buffalo, New York, at the invitation of his cousin, Elihu J. Townsend (the son of Malinda Ogden Townsend, his mother's sister), and became the cashier of the Merchants' Bank of Erie County, and later a one third owner.
In December 1848, he took an exploratory trip to California, through the Isthmus of Panama, where he joined the California Gold Rush, following two of his brothers, James and Edgar Mills. By November 1849, he had made $40,000 and decided to to make California his permanent home. Therefore, in 1850, he returned to Buffalo where he sold his interest in the Bank and returned to Sacramento, where he founded his own bank, the "Gold Bank of D. O. Mills & Co." He never invested in gold mining or silver mining directly, as he considered mining to be too speculative. He rather started ancillary businesses that supported the mining industry, such as banks and railroads. He was a part owner of the Virginia and Truckee Railroad, which was the only link from the to the Central Pacific Railroad. The major share holder in the railroad was William Sharon, whom William Ralston had sent to Virginia City as representative of the Bank of California.
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