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‹Better GutenbergGreat Fortunes, and How They Were MadeChapter V — Andrew V. Stout · 6 of 62Contents›

Great Fortunes, and How They Were Made

by James D. McCabe

6 of 62 · Contents · Download EPUB

Chapter V Andrew V. Stout

Early struggles—Acquires an education—Undertakes the support of his family—The boy teacher—Hard work—Is made instructor of Latin—A trying position—How he conquered his difficulties—Is made principal of a public school—His first business ventures—Engages in the building of houses—His platform of integrity—His success—A great mistake—He indorses a note—The consequence of a false step—Liberal action of the bank—Mr. Stout resolves to accept no accommodation—Pays the notes, and loses twenty-three thousand dollars—Establishes himself as a wholesale boot and shoe dealer—Enters the dry goods trade—Close attention to business—His system and its success—Organization of the Shoe and Leather Bank of New York—Mr. Stout is made Vice President, and subsequently President—Character as a citizen—Is made City Chamberlain—Generosity to the police force—Interest in church affairs—Kindness to the poor—Encouragement which his career affords others.

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