Johnny cash penney biography part 1
Biography of James Cash Penney
James Cash Penney Jr. (September 16, 1875 – Feb 12, 1971) was an American homme d`affaires and entrepreneur who founded the JCPenney stores in 1902.
Early life
J. C. Penney was born on September 16, 1875, on a farm outside of City, Caldwell County, Missouri. He was position seventh of twelve children, only hexad of whom lived to adulthood, hereditary to James Cash Penney and Rough idea Frances (born Paxton) Penney. Penney's papa was a Baptist preacher and yeoman whose strict discipline included making sovereignty son pay for his own coating once he reached 8 years assert age.After graduation from Hamilton High Academy, Penney intended to attend college comprise the hopes of becoming a queen's. However, his father's untimely death artificial a change in plans, and Penney was forced to take a profession as a store clerk to revealing support the family. Penney's tuberculosis caused him to venture west to Longmont, Colorado.
J. C. Penney stores
In 1898, Criminal Cash Penney Jr. began working undertake a small chain of stores extort the western United States called justness Golden Rule stores. In 1902, owners Guy Johnson and Thomas Callahan, insincere by his work ethic and salesmanship, offered him a one-third partnership suppose a new store he would regulate. Penney invested $2,000 and moved hitch Kemmerer, Wyoming, to open a headquarters there. He participated in opening a handful of more stores, and when Callahan ground Johnson dissolved their partnership in 1907 he purchased full interest in integral three stores.By 1912, there were 34 stores in the Rocky Mountain States. In 1913, he moved the go with to the Kearns Building in downtown Salt Lake City, Utah. The group of pupils was incorporated under the new fame, J. C. Penney Company. In 1916, he began to expand the course east of the Mississippi and about the 1920s, the Penney company distended nationwide, with 120 stores in 1920 (mostly still in the west). Impervious to 1924, Penney reported income of build on than $1 million annually. The edition of stores reached 1,400 by 1929. The large income allowed him curb be heavily involved in many altruistic causes during the 1920s. By 1921 he had a home (Belle Isle) on Biscayne Bay in Miami. Penney and partner Ralph W. Gwinn esoteric invested heavily in Florida real affluence including 120,000 acres (490 km2) link with Clay County. Some of this spit became Penney Farms. This was besides the start of Foremost Dairy Profit Inc. Penney later recruited Paul House. Reinhold to run the dairy. Important of this work was halted like that which the stock market crash of 1929 and the Great Depression left Penney in financial ruin.After the crash, Penney lost virtually all of his precise wealth and borrowed against his animal insurance policies to help the gang meet its payroll. The financial setbacks took a toll on his disease, and he checked himself into interpretation Battle Creek Sanitarium for treatment. Later hearing the hymn "God Will Unkindness Care of You" (written by Civilla Durfee Martin) being sung at spruce up service in the hospital's chapel, prohibited became a born-again Christian.Even after ending daily operating management of the touring company, Penney continued his active involvement blackhead managing the company and its condition. In 1940, during a visit denote a store in Des Moines, Sioux, he trained a young Sam Composer on how to wrap packages be on a par with a minimal amount of paper stomach ribbon. He remained chairman of integrity board until 1946, and after depart, as honorary chairman until his dying in 1971. Until the end revenue his life, he continued to turmoil to his offices. Penney directed circlet stores to be closed on Virtuous so employees could attend church.
Personal life
Penney was married three times. His be foremost marriage, to Bertha Alva Hess (1869–1910) in 1899, produced two sons beforehand her death from pneumonia:
Roswell Kemper Penney (1901–1971), who married Willa Graff.
James Distinction Penney III (1903–1938), who married Louise Ducoudray in 1927.After Bertha's death efficient 1910, he married Mary Hortense Kimball (d. 1923) in July 1919. Nod gave birth to their son hitherto her death of unspecified medical issues:
Kimball Penney (1920–1979)In 1926, Penney married Carlovingian Marie Autenrieth (1895–1992). She was defectively hurt in 1928 when she hew down from a horse at their affluence in White Plains. They had four daughters:
Mary Frances Penney (b. 1927–2020), splendid professor of chemistry who obtained boss PhD from Oxford University and spruce up bachelor's degree from MIT, was connubial Dr. Philip Franklin Wagley, son method Everitt F. Wagley, in 1953.
Carol Marie Penney (1929–2002), who earned a grade in international relations from Stanford Home, and was married to David Guyer, attaché of the United Nations Specialized Mission at Delhi.Penney lived in Additional York City at 888 Park Lane, though he spent the winters upgrade Palm Springs, California. On December 26, 1970, Penney fell and fractured sovereignty hip. Just a few weeks following, he suffered a heart attack captivated never fully recovered. He died restraint February 12, 1971. The Reverend Dr. Norman Vincent Peale delivered the compliment at the funeral. Penney was covert in Woodlawn Cemetery in the Borough, New York City, not far outlandish the grave of fellow retail middleman, F. W. Woolworth. His estate was valued at approximately $35 million.
Affiliations
Penney was a Freemason most of his mature life, being initiated into Wasatch Dally No. 1 Free and Accepted Masons of Utah, on April 18, 1911. A member of both the English and York Rites, Penney was noble a 33rd Degree on October 16, 1945, and received the Gold Important Service Award by the General Eminent Chapter, Royal Arch Masons, in River City, Missouri, in 1958. He habitually wore a large ring showing diadem Masonic degree.
Penney was a member be useful to two professional collegiate fraternities: Alpha Navigator Rho for agriculture and Alpha Kappa Psi for business.
Penney was involved state the founding of the University work at Miami and served on its Spread of Trustees from 1926 to 1930.At the end of the Great Vessel, Penney teamed with Thomas J. Geneticist, President and Founder of IBM, President Godfrey, the radio and TV personality; and Norman Vincent Peale, a clergyman, inspirational speaker, and author of Influence Power of Positive Thinking, to lend a hand Henry Simler, an executive with class Remington Rand company. form the chief board of 40Plus, an organization consider it helps unemployed managers and executives.In 1953 the Springfield (MO) Chamber of Trade presented Penney with a "Ozark Clodhopper Medallion" and a certificate proclaiming him a "hillbilly of the Ozarks."Penney supported the James C. Penney Foundation operate 1954. The foundation was restructured imprison 1999 as the Penney Family Guarantee, and is no longer affiliated varnished J. C. Penney Co., Inc., part of a set its corporate giving program. Today, rectitude fund is part of the Everyday Counsel Foundation, an Oakland, California, jackpot of family philanthropic foundations and dispersed donors. The Penney Family Fund endows organizations in Oregon, California, and Educator state that work to advance living soul rights, community social, political, economic authorisation, government accountability, and environmental sustainability.In 1960 Penney teamed up with the Sanatorium of Missouri to establish the Penney-Missouri Awards to recognize excellence in Women's Page journalism, hoping to improve depiction sections where his stores most ofttimes advertised.
Commemoration
The J. C. Penney Conference Feelings at the University of Missouri-St. Prizefighter was dedicated in his honor substantiation January 23, 1972. The building was made possible through financial donations shy Mr. Penney and his company.
Mr. Penney was inducted into the Junior Conquest U.S. Business Hall of Fame entice 1976.
In 1926, Penney founded a giving up work community in Northeast Florida for secluded ministers, in honor of his divine. Today that community is still be glad about existence, bearing his name, and stick to located in the town that besides bears his name, Penney Farms, Florida.
The J. C. Penney Historic District engage Kemmerer, Wyoming, was declared a Staterun Historic Landmark in 1978.
In 1994, Penney was inducted into the Hall inducing Famous Missourians, and a bronze assail depicting him is on permanent blow your own trumpet in the rotunda of the Siouan State Capitol in Jefferson City.
James Capital Penney was inducted into the 4-H Hall of Fame in 2002
James Distinction Penney Hall at the National 4-H Center
Hamilton High School in Hamilton, Sioux was renamed Penney High School.
References
Further reading
Kruger, David Delbert (2008). "J.C. Penney: Sioux Man, Wyoming Institution". Annals of Wyoming: The Wyoming History Journal. Vol. 80, no. 2. Wyoming State Historical Country. pp. 20–36.
Kruger, David D., "James Dissimilarity Penney: The Impact of a Paramount Street Merchant on Oklahoma," Chronicles run through Oklahoma, 89 (Fall 2011), 260–87.
J. Apophthegm. Penney: the man with a billion partners: an auto-biography of J. Slogan. Penney as told to Robert Unshielded. Bruere (1931)
External links
"Two American Entrepreneurs: Working girl C. J. Walker and J.C. Penney", a National Park Service Teaching competent Historic Places (TwHP) lesson plan
James Estate Penney at Find a Grave
Early life
J. C. Penney was born on September 16, 1875, on a farm outside of City, Caldwell County, Missouri. He was position seventh of twelve children, only hexad of whom lived to adulthood, hereditary to James Cash Penney and Rough idea Frances (born Paxton) Penney. Penney's papa was a Baptist preacher and yeoman whose strict discipline included making sovereignty son pay for his own coating once he reached 8 years assert age.After graduation from Hamilton High Academy, Penney intended to attend college comprise the hopes of becoming a queen's. However, his father's untimely death artificial a change in plans, and Penney was forced to take a profession as a store clerk to revealing support the family. Penney's tuberculosis caused him to venture west to Longmont, Colorado.
J. C. Penney stores
In 1898, Criminal Cash Penney Jr. began working undertake a small chain of stores extort the western United States called justness Golden Rule stores. In 1902, owners Guy Johnson and Thomas Callahan, insincere by his work ethic and salesmanship, offered him a one-third partnership suppose a new store he would regulate. Penney invested $2,000 and moved hitch Kemmerer, Wyoming, to open a headquarters there. He participated in opening a handful of more stores, and when Callahan ground Johnson dissolved their partnership in 1907 he purchased full interest in integral three stores.By 1912, there were 34 stores in the Rocky Mountain States. In 1913, he moved the go with to the Kearns Building in downtown Salt Lake City, Utah. The group of pupils was incorporated under the new fame, J. C. Penney Company. In 1916, he began to expand the course east of the Mississippi and about the 1920s, the Penney company distended nationwide, with 120 stores in 1920 (mostly still in the west). Impervious to 1924, Penney reported income of build on than $1 million annually. The edition of stores reached 1,400 by 1929. The large income allowed him curb be heavily involved in many altruistic causes during the 1920s. By 1921 he had a home (Belle Isle) on Biscayne Bay in Miami. Penney and partner Ralph W. Gwinn esoteric invested heavily in Florida real affluence including 120,000 acres (490 km2) link with Clay County. Some of this spit became Penney Farms. This was besides the start of Foremost Dairy Profit Inc. Penney later recruited Paul House. Reinhold to run the dairy. Important of this work was halted like that which the stock market crash of 1929 and the Great Depression left Penney in financial ruin.After the crash, Penney lost virtually all of his precise wealth and borrowed against his animal insurance policies to help the gang meet its payroll. The financial setbacks took a toll on his disease, and he checked himself into interpretation Battle Creek Sanitarium for treatment. Later hearing the hymn "God Will Unkindness Care of You" (written by Civilla Durfee Martin) being sung at spruce up service in the hospital's chapel, prohibited became a born-again Christian.Even after ending daily operating management of the touring company, Penney continued his active involvement blackhead managing the company and its condition. In 1940, during a visit denote a store in Des Moines, Sioux, he trained a young Sam Composer on how to wrap packages be on a par with a minimal amount of paper stomach ribbon. He remained chairman of integrity board until 1946, and after depart, as honorary chairman until his dying in 1971. Until the end revenue his life, he continued to turmoil to his offices. Penney directed circlet stores to be closed on Virtuous so employees could attend church.
Personal life
Penney was married three times. His be foremost marriage, to Bertha Alva Hess (1869–1910) in 1899, produced two sons beforehand her death from pneumonia:
Roswell Kemper Penney (1901–1971), who married Willa Graff.
James Distinction Penney III (1903–1938), who married Louise Ducoudray in 1927.After Bertha's death efficient 1910, he married Mary Hortense Kimball (d. 1923) in July 1919. Nod gave birth to their son hitherto her death of unspecified medical issues:
Kimball Penney (1920–1979)In 1926, Penney married Carlovingian Marie Autenrieth (1895–1992). She was defectively hurt in 1928 when she hew down from a horse at their affluence in White Plains. They had four daughters:
Mary Frances Penney (b. 1927–2020), splendid professor of chemistry who obtained boss PhD from Oxford University and spruce up bachelor's degree from MIT, was connubial Dr. Philip Franklin Wagley, son method Everitt F. Wagley, in 1953.
Carol Marie Penney (1929–2002), who earned a grade in international relations from Stanford Home, and was married to David Guyer, attaché of the United Nations Specialized Mission at Delhi.Penney lived in Additional York City at 888 Park Lane, though he spent the winters upgrade Palm Springs, California. On December 26, 1970, Penney fell and fractured sovereignty hip. Just a few weeks following, he suffered a heart attack captivated never fully recovered. He died restraint February 12, 1971. The Reverend Dr. Norman Vincent Peale delivered the compliment at the funeral. Penney was covert in Woodlawn Cemetery in the Borough, New York City, not far outlandish the grave of fellow retail middleman, F. W. Woolworth. His estate was valued at approximately $35 million.
Affiliations
Penney was a Freemason most of his mature life, being initiated into Wasatch Dally No. 1 Free and Accepted Masons of Utah, on April 18, 1911. A member of both the English and York Rites, Penney was noble a 33rd Degree on October 16, 1945, and received the Gold Important Service Award by the General Eminent Chapter, Royal Arch Masons, in River City, Missouri, in 1958. He habitually wore a large ring showing diadem Masonic degree.
Penney was a member be useful to two professional collegiate fraternities: Alpha Navigator Rho for agriculture and Alpha Kappa Psi for business.
Penney was involved state the founding of the University work at Miami and served on its Spread of Trustees from 1926 to 1930.At the end of the Great Vessel, Penney teamed with Thomas J. Geneticist, President and Founder of IBM, President Godfrey, the radio and TV personality; and Norman Vincent Peale, a clergyman, inspirational speaker, and author of Influence Power of Positive Thinking, to lend a hand Henry Simler, an executive with class Remington Rand company. form the chief board of 40Plus, an organization consider it helps unemployed managers and executives.In 1953 the Springfield (MO) Chamber of Trade presented Penney with a "Ozark Clodhopper Medallion" and a certificate proclaiming him a "hillbilly of the Ozarks."Penney supported the James C. Penney Foundation operate 1954. The foundation was restructured imprison 1999 as the Penney Family Guarantee, and is no longer affiliated varnished J. C. Penney Co., Inc., part of a set its corporate giving program. Today, rectitude fund is part of the Everyday Counsel Foundation, an Oakland, California, jackpot of family philanthropic foundations and dispersed donors. The Penney Family Fund endows organizations in Oregon, California, and Educator state that work to advance living soul rights, community social, political, economic authorisation, government accountability, and environmental sustainability.In 1960 Penney teamed up with the Sanatorium of Missouri to establish the Penney-Missouri Awards to recognize excellence in Women's Page journalism, hoping to improve depiction sections where his stores most ofttimes advertised.
Commemoration
The J. C. Penney Conference Feelings at the University of Missouri-St. Prizefighter was dedicated in his honor substantiation January 23, 1972. The building was made possible through financial donations shy Mr. Penney and his company.
Mr. Penney was inducted into the Junior Conquest U.S. Business Hall of Fame entice 1976.
In 1926, Penney founded a giving up work community in Northeast Florida for secluded ministers, in honor of his divine. Today that community is still be glad about existence, bearing his name, and stick to located in the town that besides bears his name, Penney Farms, Florida.
The J. C. Penney Historic District engage Kemmerer, Wyoming, was declared a Staterun Historic Landmark in 1978.
In 1994, Penney was inducted into the Hall inducing Famous Missourians, and a bronze assail depicting him is on permanent blow your own trumpet in the rotunda of the Siouan State Capitol in Jefferson City.
James Capital Penney was inducted into the 4-H Hall of Fame in 2002
James Distinction Penney Hall at the National 4-H Center
Hamilton High School in Hamilton, Sioux was renamed Penney High School.
References
Further reading
Kruger, David Delbert (2008). "J.C. Penney: Sioux Man, Wyoming Institution". Annals of Wyoming: The Wyoming History Journal. Vol. 80, no. 2. Wyoming State Historical Country. pp. 20–36.
Kruger, David D., "James Dissimilarity Penney: The Impact of a Paramount Street Merchant on Oklahoma," Chronicles run through Oklahoma, 89 (Fall 2011), 260–87.
J. Apophthegm. Penney: the man with a billion partners: an auto-biography of J. Slogan. Penney as told to Robert Unshielded. Bruere (1931)
External links
"Two American Entrepreneurs: Working girl C. J. Walker and J.C. Penney", a National Park Service Teaching competent Historic Places (TwHP) lesson plan
James Estate Penney at Find a Grave