Author Topic: Janney, Semple, Hill & Co. (Minneapolis, Minn.) History  (Read 1108 times)

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Janney, Semple, Hill & Co. (Minneapolis, Minn.) History
« on: February 28, 2017, 12:32:51 PM »
Janney, Semple, Hill and Company was founded in 1866 by Thomas B. Janney, his brother Edwin, and his brother-in-law, Samuel T. Moles. The first store, located on Washington Avenue between Nicollet and Minnetonka streets, was named Janney and Moles. In April 1875, a co-partnership was formed consisting of Thomas B. Janney, Samuel T. Moles, Frederick W. Brooks, and George H. Eastman. The company name was then changed to Janney, Moles, Brooks and Company.

In 1887 Samuel T. Moles withdrew from the Company, and the name was changed to Janney, Brooks, and Eastman.

In 1883 George H. Eastman's interests were purchased by Frederick Brooks and Thomas Janney. In Hovember of 1883, Brooks died and his interests were sold to Frank B. Semple. The firm name then became Janney, Semple and Company.

On January 22, 1891 the firm was incorporated. Thomas B. Janney was named president and treasurer, Frank B. Semple, vice president, and Horace M. Hill, secretary, the latter given the office because of long service to the company.

After 1886, the company expanded rapidly, due in part to the expansion of the Great Northern and Northern Pacific railroads into the western territories. The company moved its headquarters in Minneapolis many times as increased business made larger quarters necessary.

Janney  Semple, Hill and Company placed the first big order for Johnson Reels in 1950.

From the guide to the Corporate records., 1866-1956., (Minnesota Historical Society)



Note:

Many think that Janney was spelled as  Jainey  and also thought to be a woman

 

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