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Feb 8, 2024 · Byron Smith, a banker, founded Northern Trust in 1889 to provide trust and banking services to wealthy Chicagoans. He cofounded Illinois Tool Works in 1912, after a group of inventors replied...
Jan 13, 2024 · One historic Chicago dynasty we have more or less neglected was established by banker Byron Laflin Smith in 1889. Forbes magazine, which keeps close watch on America’s affluent families, would consider a this neglect a serious error on our part.
Mar 1, 2020 · By Megan McKinnney. By the 1880’s, Marshall Field had become Chicago’s most powerful citizen; if he put his money and prestige behind something, it happened. He aided in the founding of Byron Laflin Smith’s Northern Trust, George Pullman’s Palace Car Company and Samuel Insull’s Commonwealth Edison. Samuel Insull.
During the height of the “Gilded Age” of corruption and conspicuous consumption, one of Chicago's most respected and influential bankers saw the need for a bank that embodied service, expertise and integrity. On August 12, 1889, Byron Laflin Smith opened The Northern Trust Company.
Description. This is a short or th¨mbnail sketch of the life of B. L. Smith, founder of the Northern Trust Company, and a one-time trustee of Lake Forest Unversity, 1896-1902. It provides reerences to several online and printed sources for more information.
Northern Trust was founded in 1889 by Byron Laflin Smith in a one-room office in the Rookery Building in The Loop, Chicago, with a focus on providing trust and banking services for the city's prosperous citizens.
Born in Dutchess, New York, USA on 09/May/1853 to Solomon Albert Smith and Maria L Laflin. Byron Laflin SMITH had 4 children. He passed away on 22 May 1914 in Chicago, Cook, Illinois, United States.
