New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-06
r. IT. NORTON'S RAPID RISE.
A SUCCESSFUL YOUNG BUSINESS MAN
WITH LARGE INTERESTS.


NeW-1ork there are not many "hoS' ''Ie'''
are 50 worthy Oh h"'e DIS ','a' u =
NOi'o"' "l' CAME i4o'i ' ',''
years dS'' io'io"'"5 'i1 oN'P' " ~
DerS OF ms iaihHy' ana sooii S"l'eH an INV ''''
position III the community ~ ""' '''" IA
Louisville. ny, on October w. 1910. MS Id'her'
Presley Evermont norton OF f'usSelINII'e' n.y.
was a fleiiiper ol 'le Hi" Vi -'o''o'' "'"7"0'
Co.. cotton brokers' ana co'"i"lS7o" '"el
chants ana later on became lh'ercSl'' j" i"'-
road matters and was chosen president 'i me
Iaducah ana Meihph5 haIIIo"d Co'Hp""S' ms
mother was Miss Lille HOPE OF mobile AI'-
She was 81 Irish descent. and related 10 Sir Ber-
csford Hope ana Lord Hope Of Hopetoun Tho
ancestors Of Mr.. Norton's father on his maternal
side were OF German descent, and English On the
Taternal side. lie was on" ~ hNe bf"'h.Ts VINO
were all prominent in financial ana legal circles
on" brother was th" president OF the L'N!SFI..o
ana Nashville railroad company george W.
Moron and William +. Norton We're ''ik' IS at
LouiSFIIr, ny, J.. H. norton "''"''' " J"'7'
OF the Supr'm" Court Of missouri
"h'h he was eI-Ite'h years o'' MI ~. "'
entered the university '' '"E'"'''' i''i' ""''1
he was graduated IN $50 after "t'"'''7 W.
years to th" study II law. While at college no
was prominent III athi'tcs ana p"pudI III SUI
dents circles. In January, l>'"' the young man
I
same year he formed copartn"rship with Harry
g. Tuustdll. under the firm name OF Norton q
Tunstall for tho transaction OF a general COM
mission business IN stocks bonds, gram anu
cotton. with Offices ut Nos. ~ ana 81 Na'-sI''
Mr. Tuustal being the Stock Exchange mchi-
Der. In December tho Offices OF the firm wero
removed to No SO Wall ST.. where they are now
situated The business Of the concern grew
steadily. and ia March lS!S, a seat was pur-
| chased in tho New York Cotton Exchange. Aslde
J from the regular Office business the concern mas
| been active in many important financial trans
! actions. prominent among which was the pur-
chase ~ IN" controlling interest OF the Michighh
Traction CGJpany III September l0''' MI 80.
ton became director ana vlce-pr'sd'ht o' 'h'S
concern. In October lS''S, Norton N IuhStai
furnished funds FOR the completion Of the Co
/ umbus Lima and milwaukee," ltaII"dy '"'''-
rary's road. and II IS now being constructed
under the supervision Of the firm which IS repre-
/ scn,od on the Railway Board by Elliott c. smith,
/ ono Of its employees. The cnterprising firm mas
also recently obtained control Of large zinc pro-
ducing property near Joplin. Mo Early THIS
wear Mr. Norton purchased large interest in
! the Ecuador Development Company, was chosen
| a director and took the presidency. ABOUT inc
! same time he became director of the Guaya-
qull and Quito Railway Company.
These companies have been described as iol-
/ lows by a member Of the Board Of Directors:
"A contract was entered INTO Oh jun ~ '''''
with the Republic of Ecuador, Tor the '"hS'Iuc-
tion # railroad from Chiihpo 10 Q"""' anu
to take over the siNty-ive miles OF 'oN''H-
mcnt railway now being operated pe'"'V'