Jacob Friedrich Schoellkopf, Jr. | |
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Jacob F. Schoellkopf, Jr. in 1908
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Born |
Buffalo, New York |
February 27, 1858
Died | September 9, 1942 Buffalo, New York |
(aged 84)
Resting place | Forest Lawn Cemetery |
Nationality | American |
Alma mater |
University of Munich University of Stuttgart |
Occupation | Business magnate |
Spouse(s) | Wilma Spring |
Children | Jacob F. Schoellkopf III Ruth Wilma Schoellkopf Esther Spring Schoellkopf |
Parent(s) |
Jacob F. Schoellkopf Christiana T. Duerr |
Jacob Friedrich Schoellkopf, Jr. (1858-1942) was an American business executive, founder of Schoellkopf Aniline and Chemical Works, and member of the Schoellkopf family who were involved in hydroelectric resources at Niagara Falls.
Jacob F. Schoellkopf, Jr. was born in Buffalo on February 27, 1858, the fourth son of industrialist Jacob F. Schoellkopf (1819-1899) and Christiana T. (Duerr) Schoellkopf (1827-1903). He started his education at local schools in Buffalo, then St. Joseph's Collegiate Institute in Buffalo, afterward going to Germany where he studied for from 1873-1880 at the University of Munich and in Stuttgart specializing in chemistry where he graduated from the Stuttgart-Polytechnic College as a member of the class of 1880.
After Schoellkopf graduated, he returned to Buffalo, New York from Germany. His studies at the university had involved the subject of coal tar dyes, and he felt that the American market offered a great field for these products. Therefore, he established the "Schoellkopf Aniline and Chemical Works," which was founded shortly after his return to Buffalo and which constituted the largest plant of its kind in the United States. The business later became the "Schoellkopf, Hartford & Hanna Company," of which Schoellkopf was president. As of 1908, the company had $3,000,000 (equivalent to $79,967,000 in 2016) capital, employed 350 men and was paying $15,000 (equivalent to $400,000 in 2016) a month in wages. The plant covered about thirty-six acres of land and consisted of thirty brick buildings.
Additionally, Schoellkopf was president of the "American Magnesia and Covering Company," located at Plymouth Meeting near Philadelphia; vice-president of the "Commonwealth Trust Company" and of the "Central National Bank"; and a director of the Columbia National Bank and of the "Security, Safe Deposit Company." He was also a director of the Niagara Falls Hydraulic Power and Manufacturing Company; a director of the National Aniline and Chemical Company of New York; also of the "Cliff Paper Company" of Niagara Falls and the "International Hotel Company", also of Niagara Falls. He was president of the "Contact Process Company" and an investor in the "New York State Steel Company" (which later became Republic Steel).