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Zeboim Cartter Patten
Zeboim Cartter Patten (1840 – 1925) was an American industrialist, capitalist, and American Civil War captain, born in Wilna, New York, who lived in Chattanooga, Tennessee and founded the Volunteer Life Insurance Company (now the Lincoln Financial Group), The Stone Fort Land Company (bought by Bob Corker in 1999), The T.H. Payne Company, and most notably the Chattanooga Medicine Company in 1879 which is now called Chattem. See also * Chattem Chattem, Inc. is an American, Chattanooga, Tennessee-based, producer and marketer of over-the-counter healthcare products, toiletries, dietary supplements, topical analgesics, and medicated skin care products. Originally named the Chattanooga Me ... * John Thomas Lupton References External links Chattem Inc.official website 1840 births 1925 deaths 19th-century American businesspeople People from Chattanooga, Tennessee People from Wilna, New York {{US-business-bio-1840s-stub ...
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Wilna, New York
Wilna is a Administrative divisions of New York#Town, town in Jefferson County, New York, Jefferson County, New York (state), New York, United States. The population was 6,427 at the 2010 census. The town is on the eastern side of the county and is east of Watertown (city), New York, Watertown. History The town was first settled around 1798 at the location of the future Carthage village. The town of Wilna was officially established in 1813 from part of the town of Le Ray, New York, Le Ray and part of the Lewis County, New York, Lewis County town of Leyden, New York, Leyden. The origin of the name of the town is obscure, although it is alleged to be named after the German language, German spelling of Vilnius, in commemoration of the History of Lithuania#Post-Commonwealth period (1795–1864); foundations of Lithuanian nationalism, French occupation of Vilnius in 1812. Wood's Grist Mill was listed on the National Register of Historic Places in 1995. Geography According to the Unit ...
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Flag Of The United States
The national flag of the United States of America, often referred to as the ''American flag'' or the ''U.S. flag'', consists of thirteen equal horizontal stripes of red (top and bottom) alternating with white, with a blue rectangle in the canton (referred to specifically as the "union") bearing fifty small, white, five-pointed stars arranged in nine offset horizontal rows, where rows of six stars (top and bottom) alternate with rows of five stars. The 50 stars on the flag represent the 50 U.S. states, and the 13 stripes represent the thirteen British colonies that declared independence from Great Britain, and became the first states in the U.S. Nicknames for the flag include the ''Stars and Stripes'', ''Old Glory'', and the ''Star-Spangled Banner''. History The current design of the U.S. flag is its 27th; the design of the flag has been modified officially 26 times since 1777. The 48-star flag was in effect for 47 years until the 49-star version became official on July 4 ...
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Chattanooga, Tennessee
Chattanooga ( ) is a city in and the county seat of Hamilton County, Tennessee, United States. Located along the Tennessee River bordering Georgia (U.S. state), Georgia, it also extends into Marion County, Tennessee, Marion County on its western end. With a population of 181,099 in 2020, it is Tennessee's fourth-largest city and one of the two principal cities of East Tennessee, along with Knoxville, Tennessee, Knoxville. It anchors the Chattanooga metropolitan area, Tennessee's fourth-largest metropolitan statistical area, as well as a larger three-state area that includes Southeast Tennessee, Northwest Georgia, and Northeast Alabama. Chattanooga was a crucial city during the American Civil War, due to the multiple railroads that converge there. After the war, the railroads allowed for the city to grow into one of the Southeastern United States' largest heavy industrial hubs. Today, major industry that drives the economy includes automotive, advanced manufacturing, food and ...
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Industrialist
A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or services are widely consumed. Such individuals have been known by different terms throughout history, such as industrialists, robber barons, captains of industry, czars, moguls, oligarchs, plutocrats, or taipans. Etymology The term '' magnate'' derives from the Latin word ''magnates'' (plural of ''magnas''), meaning "great man" or "great nobleman". The term ''mogul'' is an English corruption of ''mughal'', Persian or Arabic for "Mongol". It alludes to emperors of the Mughal Empire in Medieval India, who possessed great power and storied riches capable of producing wonders of opulence such as the Taj Mahal. The term ''tycoon'' derives ...
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include '' laissez-faire'' or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying ...
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Industrialist
A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or services are widely consumed. Such individuals have been known by different terms throughout history, such as industrialists, robber barons, captains of industry, czars, moguls, oligarchs, plutocrats, or taipans. Etymology The term '' magnate'' derives from the Latin word ''magnates'' (plural of ''magnas''), meaning "great man" or "great nobleman". The term ''mogul'' is an English corruption of ''mughal'', Persian or Arabic for "Mongol". It alludes to emperors of the Mughal Empire in Medieval India, who possessed great power and storied riches capable of producing wonders of opulence such as the Taj Mahal. The term ''tycoon'' derives ...
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American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson ...
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Lincoln Financial Group
Lincoln National Corporation is a ''Fortune'' 200 American holding company, which operates multiple insurance and investment management businesses through subsidiary companies. Lincoln Financial Group is the marketing name for LNC and its subsidiary companies. LNC was organized under the laws of the state of Indiana in 1968, and maintains its principal executive offices in Radnor, Pennsylvania. The company traces its roots to its earliest predecessor founded in 1905. In addition, LNC is the naming rights sponsor of Lincoln Financial Field in Philadelphia, home field of the Philadelphia Eagles of the National Football League. Operations LNC divides operations into four business segments: annuities, life insurance, retirement plan services, and group protection. The principal Lincoln subsidiaries are: * Lincoln National Life Insurance Company * Lincoln Life & Annuity Company of New York * First Penn-Pacific Life Insurance Company * Lincoln Financial Distributors * Lincoln Fin ...
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Stone Fort Land Company
In geology, rock (or stone) is any naturally occurring solid mass or aggregate of minerals or mineraloid matter. It is categorized by the minerals included, its chemical composition, and the way in which it is formed. Rocks form the Earth's outer solid layer, the crust, and most of its interior, except for the liquid outer core and pockets of magma in the asthenosphere. The study of rocks involves multiple subdisciplines of geology, including petrology and mineralogy. It may be limited to rocks found on Earth, or it may include planetary geology that studies the rocks of other celestial objects. Rocks are usually grouped into three main groups: igneous rocks, sedimentary rocks and metamorphic rocks. Igneous rocks are formed when magma cools in the Earth's crust, or lava cools on the ground surface or the seabed. Sedimentary rocks are formed by diagenesis and lithification of sediments, which in turn are formed by the weathering, transport, and deposition of existing rocks. ...
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Bob Corker
Robert Phillips Corker Jr. (born August 24, 1952) is an American businessman and politician who served as a United States Senator from Tennessee from 2007 to 2019. A member of the Republican Party, he served as Chair of the Senate Foreign Relations Committee from 2015 to 2019. In 1978, Corker founded a construction company, which he sold in 1990. This increased his net worth to $45 million. He ran in the 1994 United States Senate election in Tennessee, but was defeated in the Republican primary by Bill Frist. Appointed by Governor Don Sundquist, Corker served as Commissioner of Finance and Administration for the State of Tennessee from 1995 to 1996, preceded by David Manning and succeeded by John Ferguson. He later acquired two of the largest real estate companies in Chattanooga, Tennessee, before being elected the 71st Mayor of Chattanooga in March 2001; he served one term (2001–2005). Corker announced his candidacy for the 2006 United States Senate election in Tennessee a ...
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Chattem
Chattem, Inc. is an American, Chattanooga, Tennessee-based, producer and marketer of over-the-counter healthcare products, toiletries, dietary supplements, topical analgesics, and medicated skin care products. Originally named the Chattanooga Medicine Company, the company’s brand portfolio holds twenty-two brands including Allegra, Gold Bond, Flexall, IcyHot, Rolaids, Sun-In, Pamprin, Dexatrim, Aspercreme, and Selsun Blue. The company produces two-thirds of its products at its Chattanooga production facilities with the remaining produced by third-party producers. The company is a subsidiary of the French multinational pharmaceutical company Sanofi. The company’s brands are sold nationally through mass merchandiser, drug and food retailers. In 2005, 70% of the firm's sales were made through its top ten customers, which include Wal-Mart, Walgreens, and Kroger. Sales to Wal-Mart constituted 36% of Chattem’s total sales in 2005. Chattem supports these sales with a for ...
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John Thomas Lupton
John Thomas Lupton (1862–1933) was an American lawyer, industrialist and philanthropist who along with Benjamin Thomas and Joseph Whitehead, obtained exclusive rights from Asa Candler to bottle and sell Coca-Cola. Early life Lupton was born near Winchester, Virginia, and received a degree in law from the University of Virginia. After a visit to the home of a fellow student, he settled in Chattanooga, Tennessee in 1887. Lupton soon met Elizabeth Patten, daughter of Chattanooga Medicine Company founder Zeboim Cartter Patten, and they married on November 14, 1889. They had a son, Thomas Cartter Lupton, to whom they left the bulk of their combined wealth. Career After his marriage, Lupton took a job as legal counsel to the Chattanooga Medicine Company (now Chattem), eventually becoming company vice president and treasurer. Lupton, Whitehead and Thomas were the primary investors in the Dixie Coca-Cola Bottling Company, the first Coca-Cola bottling plant in the United States. ...
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