Death and Legacy
David Thomas died on June 20, 1882. He, his wife Elizabeth, and generations of their descendants are all buried in the Thomas family vault, a sort of underground mausoleum at Fairview Cemetery in West Catasauqua. The Thomas family mansion, located on Second Street in Catasauqua, is still standing, though its interior has since been divided into apartments.
In 1898, Leonard Peckitt took the reins as president of the Crane Iron Company. He proceeded to purchase a number of other companies in the region, uniting them all under the incorporation of the Empire Steel and Iron Company. Though Peckitt was a shrewd businessman, he could not hide forever the fact that the 20th century brought changes to the iron industry, and that the company was beginning to lose money. The last furnace at the Crane Iron Company ceased operation in 1921; by 1935, most of the plant had been demolished. Little remains of the company's plant today.
Read more about this topic: David Thomas (industrialist)
Famous quotes containing the words death and/or legacy:
“It was not death he feared—it was the disgrace of death, and the misery of the ignominious preparations. He knew in his heart that heaven could not call it murder that he had done; but he felt equally sure that man would do so.”
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“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
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