Spencer "Speck" Penrose (November 2, 1865-7 December 1939) was a businessman, entrepreneur, venture capitalist and philanthropist at the turn of the 20th century. Although mainly in Colorado Springs, Colorado, his interests include concerns in Arizona, Utah, and Kansas.
Video Spencer Penrose
History
Spencer was born to a prominent Cornish family of Philadelphia, Richard Alexandria Fullerton and Sarah Hanna Penrose, and brother politician Boies Penrose, businessman Richard Pen R.A. Penrose and gynecologist Charles Bingham Penrose. In 1886, he graduated last in his class from Harvard. Penrose began as a woman and an adventurer who became a successful entrepreneur in a gold field near Cripple Creek in the 1890s as manager of the local real estate office Charles L. Tutt, general equipment trader and gold assistant; His luck evolved from his association with his geologist's gold and silver mines at the Commonwealth mine in Pearce, Arizona, and in the purchase of his Utah property which had kept the low grade copper ore extracted through new developed metallurgical techniques. by one of his engineers in his Cripple Creek association.
Maps Spencer Penrose
Julie Penrose (wife)
Julia Villiers Lewis was born August 12, 1870 in Detroit, Michigan, his father, Alexander Lewis, was a prominent businessman and served as Mayor of Detroit in 1876 and 1877.
Julie married James "Jim" Howard McMillan, son of US Senator and owner of Michigan Car Company James McMillan (1838-1902) on 18 June 1890. Julie and Jim have two children, Gladys (1892) and James II (1894). Julie and Jim, who are considered wealthy, move to Colorado in the hope that the climate will cure tuberculosis. James II died of appendicitis on 3 April 1902, and her husband died of tuberculosis on May 9, 1902, leaving Julie a widow.
Spencer Penrose and Julie were married in London on April 28, 1906. She is a fan of performing arts and visual arts, and the original founder of Central City Opera (1932) and Colorado Springs Fine Arts Center.
Other businesses and businesses
Spencer Penrose is an entrepreneur and venture capitalist with large holdings in many companies. He has donated many famous buildings in Colorado Springs. Penrose uses large sums of money to invest in other national mineral issues and finances the construction of The Broadmoor (1918), Cheyenne Mountain Zoo (1926), Will Rogers Shrine of the Sun (Spencer Penrose and his wife Julie Penrose)), Pikes Peak Highway (1916), Glockner-Penrose Hospital, and founded El Pomar Foundation (1937), who still oversees his many contributions in Colorado Springs today.
Company and investment Penrose
The company he founded, is a director, or has a primary interest in:
- US. Reduction and Purification Company
- US. Sugar And Land Company (The Garden City Company)
- Garden City Western Railway (founded in 1916)
- The Garden City Irrigation And Power Company (changed to Southwest Kansas Power in 1957)
- Utah Copper Company (later Copper Company Kennecott)
- Beaver Land & amp; Irrigation Company
- Beavers, Penrose & amp; North Railway; (Part of Beaver, Land and Irrigation Company) was closed in 1919
- The Colorado Penrose Community
- Consolidated Copper Company
- Chlno Copper Company
- Crazy Copper Company
- First National Bank of Denver, Colorado; Owner/director
- First Nat. Bank, Colorado Springs, Colorado; Directed
- The title & amp; Colorado Trust Co. (Colorado Springs)
- Cripple Creek Central R.H.
- Grand Junction & amp; Grand River Valley Ry.
- Colorado National Life Insurance Company
- Schaeffer Dam and Lake Mc Neil
- Lake McKinney (built in 1906-07)
- Hotel Pen-Mac
- Penrose Pioneer Paper (Penrose Press)
Business partners
- Charles Leaming Tutt
- Charles M. MacNeil
MacNeal, Tutt, and Penrose are partners in Utah Copper Company and The Garden City Company. In his eighty-seven years of history, The Garden City Company has only four families involved: MacNeil. Penrose, Charles Tutt, Russell T. Tutt, and William J. Hybl who are the main leaders of the El Pomar Foundation.
Financial Institution
Penrose entered the banking industry, along with business partner Charles MacNeil, with the purchase of First National Bank of Denver from David Halliday Moffat, and became director of the Denver International Trust Company.
Charities
Spencer and Julie are active in many charities, including:
- The El Pomar Foundation
- Penrose Hospital (formerly Glockner Sanatorium)
- Pikes Peak Round of the American Red Cross
The El Pomar Foundation
The El Pomar Foundation was founded in 1937 by Spencer and Julie Penrose to enhance, encourage, and promote the present and future prosperity of the Colorado community through grant-making and community management. The name of the Foundation "El Pomar" is the ancient Spanish for "The Orchard", originated from Penrose's house located in the apple orchard.
Based in Colorado Springs, the El Pomar Foundation is one of the largest and oldest private foundations in Rocky Mountain West, with assets of $ 500 million. El Pomar contributes over $ 20 million annually through community grants and stewardship programs to support Colorado non-profit organizations involved in health, humanitarian services, education, arts and humanities, and community and community initiatives.
Penrose Heritage Museum
Penrose Heritage Museum is a 8,500 square foot (790 m 2 ) museum located at 11 Lake Circle, adjacent to the Broadmoor Hotel in Colorado Springs. The Processor is an avid collector of freight cars, motor vehicles, and artifacts from their global travel. The Museum's extensive collection contains 31 horse-drawn carriages and 13 motor vehicles, including Mrs. Cadillac's limo. Penrose in 1928, as well as Native American artifacts, West side saddles, and antique firearms.
In addition, museum visitors can enjoy the Pikes Peak Hill Climb Experience, which highlights Pikes Peak International Hill Climb, America's second oldest motor sport event founded by Spencer Penrose in 1916. Pikes Peak Hill Climb Experience simulates various diversions from the Pikes Peak highway , offers visitors a feel for the 12.42 mile winding trek to the 14.110 foot mountain peak, and the vehicle's racing house and memorabilia spanning over a century.
The museum is open to the public and is free, Monday to Saturday 9am - 5pm and Sunday 1pm - 5pm. El Pomar Foundation operates these prominent historical resources in accordance with Penrose's commitment to preserve and promote the history and heritage of the region.
Death, Funeral and Inheritance
Spencer died on 7 December 1939 at the age of seventy-four. Spencer (1865-1939) and Julie Penrose (1870-1956) were buried at Will Rogers Shrine of the Sun in Cheyenne Mountain, overlooking the Broadmoor resort.
Spencer's heritage of community, business, and philanthropic leaders can be appreciated in the famous landmarks he built around Colorado Springs, such as the Broadmoor Hotel and Cheyenne Mountain Zoo, as well as through ongoing charitable efforts from the El Pomar Foundation across the State of Colorado.
Mr Penrose sworn in to the U.S. Hall of Fame Business Achievement Junior in 2002.
See also
Spencer Penrose Award, which is awarded annually to top coaches at NCAA Division I NCAA ice hockey
References
Source
Thomas J. Noel and Cathleen M. Norman: Pikes Peak Partnership: Penrose and Tutts. Boulder: University Press of Colorado, 2001. xii 264 bad things. ISBN 978-0-87081-609-3.
External links
- The El Pomar Foundation
- Colorado Experience - Spencer and Julie Penrose on YouTube
- Spencer Penrose in Discover the Mausoleum
Source of the article : Wikipedia
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