The Company
Initially trading as The American Telegraph Line of Coaches the company was established in 1853 by four Americans (Freeman Cobb, John Murray Peck, James Swanton and John Lamber), but only rose to prominence when bought by James Rutherford and a consortium of nine other partners in 1861. Rutherford's partners included Alexander William Robertson, John Wagner, Walter Russell Hall, William Franklin Whitney and Walter Bradley. Rutherford re-organised and extended the Victorian services and although winning a monopoly on major mail contracts, he found the advancing railways fast making Cobb & Co's Victorian routes redundant.
Read more about this topic: Cobb And Co
Famous quotes containing the word company:
“The Bermudas are said to have been discovered by a Spanish ship of that name which was wrecked on them.... Yet at the very first planting of them with some sixty persons, in 1612, the first governor, the same year, “built and laid the foundation of eight or nine forts.” To be ready, one would say, to entertain the first ship’s company that should be next shipwrecked on to them.”
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