Morris Ketchum

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Morris Ketchum (February 1796 – January 1, 1880)[1] was an American banker and financier of the 19th century. In 1832 he partnered with Thomas Rogers and Jasper Grosvenor to form the manufacturing firm of Rogers, Ketchum and Grosvenor; this firm eventually grew into Rogers Locomotive Works, the second most popular steam locomotive manufacturing company in North America.[2]

Ketchum was also a director of the Illinois Central Railroad. During his time on the board, he was able to funnel many of that railroad's locomotive orders to Rogers.[3]

Morris Ketchum, with his son Edward B. Ketchum, led the financial firm of Ketchum, Son and Company in New York City. Edward was later found to have embezzled nearly $2.5 million to cover his losses in the 1860s; it was Morris's good reputation that kept the public from suspecting Edward of embezzlement for a time.[4]

References

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