Copper
Keyser next ventured into copper manufacturing. In 1882, the court appointed him to oversee the financial affairs of Pope and Cole, a local copper processor. The company had declared bankruptcy, and Keyser, as one of their largest creditors, had a vested interest in seeing them regain solvency. His association with Pope and Cole piqued his interest in the copper industry. He eventually reestablished Pope & Cole as the Baltimore Copper Company and purchased the Baltimore Smelting and Rolling Company. His entry into copper production allowed him to amass a fortune larger than if he had stayed with the railroad.
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Famous quotes containing the word copper:
“He had put, within his reach,
A box of counters and a red-veined stone,
A piece of glass abraded by the beach,
And six or seven shells,
A bottle with bluebells,
And two French copper coins, ranged there with careful art,”
—Coventry Kersey Dighton Patmore (18231896)