Rise To Wealth
During his teaching tenure, Mayo began to buy land and mineral rights in eastern Kentucky using his paltry teaching salary. He would in turn sell the land or the rights to the land to eastern iron and coal companies at a considerable profit, while convincing them to invest in exploration and mining of the region. As he continued to buy and sell options on land and minerals, he eventually became a partner, agent or representative for many of the large firms.
Read more about this topic: John C. C. Mayo
Famous quotes containing the words rise to, rise and/or wealth:
“How will it be with kingdoms and with kings—
With those who shaped him to the thing he is—
When this dumb Terror shall rise to judge the world,
After the silence of the centuries?”
—Edwin Markham (1852–1940)
“How will it be with kingdoms and with kings—
With those who shaped him to the thing he is—
When this dumb Terror shall rise to judge the world,
After the silence of the centuries?”
—Edwin Markham (1852–1940)
“Franklin said once in one of his inspired flights of malignity—
Early to bed and early to rise
Make a man healthy and wealth and wise.
As if it were any object to a boy to be healthy and wealthy and wise on such terms.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)