Alvin Adams
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Alvin Hoar Adams (June 16, 1804 – September 1, 1877) was the founder of Adams and Company, a forerunner to
Adams Express Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (), formerly Petroleum & Resources Corp., a p ...
, one of the first companies to act as a carrier for express shipments by rail in the United States. Adams and Company provided shippers with a complete shipping solution, picking up goods at the shipper's location, carrying them to the railroad terminal, and then delivering them from the distant railroad terminal to the recipient's door.


Biography

left, Alvin Adams circa 1850 Alvin Adams was born on June 16, 1804, in Andover, Vermont. to Jonas Adams (1758-1813) and Phoebe (Hoar) Adams (1765-1813).Bridge, pp 108. His father was descended from the same ancestor as President
John Adams John Adams (October 30, 1735 – July 4, 1826) was a Founding Fathers of the United States, Founding Father and the second president of the United States from 1797 to 1801. Before Presidency of John Adams, his presidency, he was a leader of ...
and Governor
Samuel Adams Samuel Adams (, 1722 – October 2, 1803) was an American statesman, Political philosophy, political philosopher, and a Founding Father of the United States. He was a politician in Province of Massachusetts Bay, colonial Massachusetts, a le ...
, namely
Henry Adams Henry Brooks Adams (February 16, 1838 – March 27, 1918) was an American historian and a member of the Adams political family, descended from two U.S. presidents. As a young Harvard graduate, he served as secretary to his father, Charles Fran ...
(ca. 1583 - 1646) who settled in
Braintree, Massachusetts Braintree () is a municipality in Norfolk County, Massachusetts, United States. It is officially known as a town, but Braintree is a city with a mayor-council form of government, and it is considered a city under Massachusetts law. The populat ...
in 1632. Alvin was the ninth of eleven children. His parents died within a week of each other when he was eight years old. He came to Boston from Vermont a poor orphan boy to seek his fortune. He married Anne Rebecca Bridge (1809-1882) of
Chelsea, Massachusetts Chelsea is a city in Suffolk County, Massachusetts Suffolk County ( ) is located in the Commonwealth of Massachusetts, in the United States. As of the 2020 census, the population was 797,936, making it the fourth-most populous county in ...
on November 10, 1831. She was the daughter of cabinetmaker John Bridge (1783-1870) and Rebecca (Beal) Bridge (1787-1865). Alvin and Anne had nine children. A nephew of Alvin and Anne,
John Bridge Pratt John Bridge Pratt (June 16, 1833 — November 27, 1870) was the husband of Anna Bronson Alcott Pratt, the elder sister of novelist Louisa May Alcott. He inspired the fictional character John Brooke in his sister-in-law Louisa May Alcott's best know ...
(1833-1870), later married the oldest of the famous Alcott sisters, Anna Alcott Pratt (1831-1893). A produce merchant ruined by the
Panic of 1837 The Panic of 1837 was a financial crisis in the United States that began a major depression (economics), depression which lasted until the mid-1840s. Profits, prices, and wages dropped, westward expansion was stalled, unemployment rose, and pes ...
, in 1839, Adams began carrying letters, small packages and valuables for patrons between
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
and
Worcester, Massachusetts Worcester ( , ) is the List of municipalities in Massachusetts, second-most populous city in the U.S. state of Massachusetts and the list of United States cities by population, 113th most populous city in the United States. Named after Worcester ...
. On May 4, 1840, he established his first express freight route between
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
and
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under the name Adams and Company.Toomey, ibid. The company established offices in Boston and New York, and soon added express routes to
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,
Norwich, Connecticut Norwich ( ) is a city in New London County, Connecticut, United States. The Yantic River, Yantic, Shetucket River, Shetucket, and Quinebaug Rivers flow into the city and form its harbor, from which the Thames River (Connecticut), Thames River f ...
,
Worcester, Massachusetts Worcester ( , ) is the List of municipalities in Massachusetts, second-most populous city in the U.S. state of Massachusetts and the list of United States cities by population, 113th most populous city in the United States. Named after Worcester ...
, Washington, D.C.,
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,
Cincinnati, Ohio Cincinnati ( ; colloquially nicknamed Cincy) is a city in Hamilton County, Ohio, United States, and its county seat. Settled in 1788, the city is located on the northern side of the confluence of the Licking River (Kentucky), Licking and Ohio Ri ...
,
Louisville, Kentucky Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city ...
, and
St. Louis, Missouri St. Louis ( , sometimes referred to as St. Louis City, Saint Louis or STL) is an Independent city (United States), independent city in the U.S. state of Missouri. It lies near the confluence of the Mississippi River, Mississippi and the Miss ...
. Adams and Company started out by hauling mail for the nascent postal service, until that business was suspended by the US Government in 1845; in that year the transportation of mail was transferred to solely government-owned entities. In 1854 Adams and Company merged with three other express agencies, Harnden and Company, Thompson and Company, and Kinsley and Company to form the
Adams Express Company Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (), formerly Petroleum & Resources Corp., a ...
, with Adams as the president of the new company. The company was initially capitalized with $1,200,000. He was succeeded in 1855 by
George Washington Cass George Washington Cass (March 12, 1810 – March 21, 1888) was an American industrialist and president of the Northern Pacific Railway. Family George Washington Cass was born near Dresden, Ohio, March 12, 1810, to George W. and Sophia (Lor ...
.The New York Times, March 22, 1888. Alvin Adams died September 1, 1877, in
Watertown, Massachusetts Watertown is a city in Middlesex County, Massachusetts, United States, part of Greater Boston. The population was 35,329 in the 2020 United States census, 2020 census. Its neighborhoods include Bemis, Coolidge Square, East Watertown, Watertown Sq ...
. The company that he formed, the
Adams Express Company Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (), formerly Petroleum & Resources Corp., a ...
, still exists and is one of the oldest companies listed on the New York Stock Exchange (NYSE: ADX), headquartered in
Baltimore, Maryland Baltimore is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland. With a population of 585,708 at the 2020 United States census, 2020 census and estimated at 568,271 in 2024, it is the List of United States ...
.


Notes


References

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External links

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Minot Pratt & Alvin Adams Family Photo Album
, - {{DEFAULTSORT:Adams, Alvin 1804 births 1877 deaths Adams family People from Windsor County, Vermont American people in rail transportation Businesspeople from Boston 19th-century American railroad executives