The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-07-30
He MADE MANY MILLIONS
Interesting Facts in the Life of
the Late Lloyd Tevis.
LONG CAREER SKETCHED
On the Pacific Coast He Was a Pioneer
and Miner-Many Little Inc
dents That Helped Him
to Success.

AS was remarked in the Standard
last Tuesday morning, the late Lloyd
Tevis was little known in Montana al
though the interests he held in the
state We're worth millions of dollars.
His career however. was familiar to
many men throughout the Northwest,
and he was one of California's fore
most citizens. Montana is pleasantly
acquainted with Mr.. J. b. Haggin who
was the lifelong business associate of
Mr.. TeVls. On the morning following
the death of Mr.. Tevis, the San Fran
cisco Examiner printed an extended
sketch of his career. the following
summary of which will undoubtedly
interest many readers of the Standard
The life of Lloyd Tevis one of Cali
fornia's great financiers, came to a
close last evening at his home, 1916 Tay-
Tor street Although rs years of age.
Mr.. Tevis had, until two weeks ago
been actively engaged in directing his
vast interests, and only surrendered
when Frustrated with a congestive chill.
This left him greatly enfeebled, and
other complications following made
moving impossible.
Yesterday, his symptoms becoming
alarming, DR.. Herzstein, the family
physician, was called, and on examina-
ton found Mr.. Tevis to be suffering
from intestinal liberation. which later
developed into an intestinal hem
orrhage, of which he died, just after
the dinner hour.
The end not being unexpected, Mr.
Tevis' family, with the exception of
Mrs. Fred Sharon, who is now in Paris
was at his bedside. Those left to mourn
the loss of husband and father are
Mrs Ta1-iG Oh,
Tevis, William S. Tevis, Mrs. Gordon
Blanding and Mrs. Sharon.
Lloyd Tevis and his lifelong partner,
j. b. Haggin, We're the most extensive
landholders on the Pacific coast, and
ranked with the greatest in the world.
In Kern county alone their lands were
larger than many an old kingdom, and
the ranges afforded feed for thousands
upon thousands of cattle all the year
round.
If the Kern County Land company
We're removed from Bakersfield and all
its manifold interests effaced from
Kern county little that is valuable
would be left. Tevis and Haggin were
the company. 1t is estimated that in
carrying out their irrigation work ana
developing the vast ranches Of Kern
county, Messrs. Tevis and Haggin have
spent over $4,000 900. Much of the land
when first acquired was sandy and bar
rem. BY artesian wells, irrigating
bitches and reservoirs, the land has
been reclaimed and provides not alone
pasturage but a vast area of fruit land
well under cultivation. In MERGED
county the holdings of the two part
ners have been reduced of late years,
but are still very extensive Whether
these tremendous areas of land could
be sold for what they have cost is an
open question. A few years ago moth
ing like their cost could have been OBJ
tanned and now only a syndicate could
expect to handle them as an entirety.
Lloyd Tevis was a lawyer, a dry
goods merchant, a miner, a real estate
SPECTATOR a banker, but, above all, he
was a financier
His was a brain that grasped the in
tricacies of finance with a readiness
and f1nesse that amounted to genius.
He knew to the utmost farthing the
value of the securities in which he
dealt: he felt, as does a doctor, the
pulse of his patient, the throbs of tie
commercial world that indicated
changes in the market; he penetrated
the representations of banks merCh-
ants and millionaires and knew who
was sound and who was uncertain and
why; he knew the trend of population
and business activity and was always
just ahead of the crowd To his native
shrewdness, the eXactness of detail
which characterized all his transact
ions, his executive ability, and, above
all, his genius for finance, Mr.. Tevis
owed that great success that attended
him throughout his long life.
He came from distinguished ancestry
His father Samuel Tevis, was for many
years an able lawyer and distinguished
citizen of Shelbyville, KY, where, on
March 20, 1924. Lloyd Tevis was born
His mother was of prominent Ken
lucky family, but his fathers ancestors
We're among the early settlers of Mary
land. They settled in Kentucky IT
1900 Mr.. Tevis often attributed much
of his subsequent success to the careful
training he received from his father
who was man of great eXactness. Ht
studied law under his father, after q
course at Shelby college, which he LEFT
in his eighteenth year. For two years
he assisted his father in his duties as
clerk of the circuit court and then fol
a year and a half took entire charge OF
the clerks Office of the circuit court a.
Versailles, the county seat OF WOOD
! ford county, Kentucky.
During this period Mr.. Tevis hac
| been studying law. When he became q
age he made a tour of the Atlantic anc
Western states and Canada, and ther
settled in Louisville. On the ADVICE q
| his uncle, a wealthy dry goods mer
chant of Philadelphia, Mr.. Tevis enter.
| ed wholesale dry goods house as {
| salesman. A brief experience satisfied
| him that he was not destined to sci
| prints and woolens, SO he withdrew
He was sent into the counting room Ct
the establishment. and there he soor
| displayed that aptitude for finance
which subsequently made him man q
mark. The failure of the house gave
| the young accountant a new opportu
| nifty to display his ability. He was ap'
| pointed assignee and managed the af-
| fairs of the fallen firm so successfully
| and with such satisfaction to debtorc
| and creditors alike that the work at
| tracted the attention of bankers and
merchants throughout Kentucky. Hs
was offered and accepted an important
| post in the Bank of Kentucky at Louis
| vile, but left that city to accept a bet
| ter offer with an insurance company a.
| St. Louis. There he remained until tht
| great fire of May, 1S49, in that city
which ruined the company with which
| he was connected.
| The St. Louis fire was the turning
point in Mr.. Tevis' fortunes. He wa!
then without employment and wa!