Darius Ogden Mills (1825 - 1910)

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Birthplace: North Salem, NY, USA
Death: Died in Millbrae, CA, USA
Cause of death: Heart attack
Managed by: Sarah Hamilton Burns
Last Updated:
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Immediate Family

About Darius Ogden Mills

http://en.wikipedia.org/wiki/Darius_Ogden_Mills

Darius Ogden Mills (September 25, 1825 – January 3, 1910) was a prominent American banker, philanthropist and, for a time, California's wealthiest citizen.

Biography

He was born in North Salem, New York and his early career was as a bank clerk and retailer. He joined the California Gold Rush in December 1848, and founded a bank in Sacramento. He never invested in gold mining or silver mining directly as he considered mining to be too speculative. He rather started businesses ancillary that supported the mining industry such as banks and railroads. He owned the Virginia and Truckee Railroad which was the only link from the Comstock Lode to the Central Pacific Railroad.

In 1864 he founded the Bank of California, which grew large in the 1860s and 1870s, but collapsed due to financial irregularities involving its chief cashier, William Chapman Ralston. Mills used his personal fortune to revive the bank and attract new investment, and within three years, the bank was again strong.

In 1854, he married Jane Templeton Cunningham with whom he had a son, Ogden and a daughter, Elisabeth, who married Ambassador Whitelaw Reid.

Mills bought part of Rancho Buri Buri and built an estate named Millbrae, which gave its name to the present town that grew up around it. 150 acres (0.6 km2) of the original estate, bordering San Francisco Bay, were leased by his grandson Ogden L. Mills to be used for Mills Field, now known as San Francisco International Airport.

Later in life, Mills retired from banking, and returned to New York, where he participated in the development of a number of buildings in Manhattan, including 160 Bleecker Street, or "Mills House No. 1." His devotion to philanthropy involved sitting on the board of directors of a number of charitable and cultural institutions. He died of a heart attack in 1910 at his Millbrae home leaving an estate worth $36,227,391.

His remains were returned to the East Coast for burial in the Sleepy Hollow Cemetery in Sleepy Hollow, New York.

Legacy

A number of local institutions are named for him, including Mills Hospital, the Mills Estate housing subdivision, San Francisco's Mills Building, and Mills High School.

-------------------- http://en.wikipedia.org/wiki/Darius_Ogden_Mills

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.


Biography


He was born in North Salem, New York and his early career was as a bank clerk and retailer. He joined the California Gold Rush in December 1848, and founded a bank in Sacramento. 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 Comstock Lode 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.


In 1864, with other investors, he founded the Bank of California, which grew large in the 1860s and 1870s, but collapsed due to financial irregularities involving its chief cashier, William Chapman Ralston. Mills used his personal fortune to revive the bank, along with Sharon, and attract new investment, and within three years, the bank was again strong.


In 1854, he married Jane Templeton Cunningham with whom he had a son, Ogden and a daughter, Elisabeth, who married Ambassador Whitelaw Reid.


Mills bought part of Rancho Buri Buri and built an estate named Millbrae, which gave its name to the present town that grew up around it. The 150 acres (0.6 km2) of the original estate bordering San Francisco Bay were leased by his grandson Ogden L. Mills to be used for Mills Field, now known as San Francisco International Airport.


Later in life, Mills retired from banking, and returned to New York, where he participated in the development of a number of buildings in Manhattan, including 160 Bleecker Street, or "Mills House No. 1". His devotion to philanthropy involved sitting on the boards of a number of charitable and cultural institutions. He died of a heart attack in 1910 at his Millbrae home, leaving an estate worth $36,227,391.


His remains were returned to the East Coast for burial in the Sleepy Hollow Cemetery in Sleepy Hollow, New York.


Legacy


A number of local institutions are named for him, including Mills Hospital, the Mills Estate housing subdivision, San Francisco's Mills Building, and Mills High School.

-------------------- Darius Ogden Mills (September 5, 1825 – January 3, 1910) was a prominent American banker, philanthropist and, for a time, California's wealthiest citizen.

He was born in North Salem, New York and his early career was as a bank clerk and retailer. He joined the California Gold Rush in December 1848, and founded a bank in Sacramento. He invested in gold mining, silver mining in Nevada, forest land near Lake Tahoe, and the Virginia and Truckee Railroad.

In 1864 he founded the Bank of California, which grew large in the 1860s and 1870s, but collapsed due to financial irregularities involving its chief cashier, William Chapman Ralston. Mills used his personal fortune to revive the bank and attract new investment, and within three years, the bank was again strong.

Mills built an estate named Millbrae, which gave its name to the present town that grew up around it. 150 acres (0.61 km2) of the original estate, bordering San Francisco Bay, were leased by his grandson Ogden L. Mills to be used for Mills Field, now known as San Francisco International Airport. A number of local institutions are named for him, including Mills Hospital, the Mills Estate housing subdivision, San Francisco's Mills Building, and Mills High School.

Later in life, Mills retired from banking, and returned to New York, where he participated in the development of a number of buildings in Manhattan, including 160 Bleecker Street, or "Mills House No. 1." His devotion to philanthropy involved sitting on the board of directors of a number of charitable and cultural institutions. He died of a heart attack in 1910 at his Millbrae estate.

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Darius Ogden Mills's Timeline

1825
September 5, 1825
North Salem, NY, USA
1854
September 5, 1854
Age 29
1857
1857
Age 31
CA, USA
1857
Age 31
1910
January 3, 1910
Age 84
Millbrae, CA, USA