Hiram Northup

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Hiram Northup
Born
Hiram Milton Northup

June 4, 1818
DiedSpring 1893 (aged 74)
OccupationBusinessman

Hiram Milton Northup (June 4, 1818 – Spring 1893) was an American businessman.

Biography[edit]

Northup was born on June 4, 1818, in Olean, New York. His father, Andruss Bishop Northrup, was also a banker, who died in 1892. His mother was Martha Northup, who died in 1820. Northup was of English descent.[1]

In 1844, he moved to Kansas City, Missouri. There, he formed a partnership to trade with the Comanche. He later escaped to St. Louis after a mass death.[2]

In St. Louis, he started a Native American trading business, which soon was shipping goods to Kansas City. He traded cloth products with Shawnee, Peoria, Piankeshaw, Pottawattami, Osage, Seneca, Sac and Fox and Cherokee peoples. He made a partnership with Silas Armstrong and Joel Walker of the Wyandot.[3][4]

After their partnership ended, he began a partnership with Joseph S. Chick (1828–1908) in 1844, forming Northup & Chick banking firm.[5] On September 23, 1854, along with other Kansas City settlers, Northup & Chick helped pool US$1000 to start the Kansas City Journal-Post.[6] The bank dissolved in July 1893.[7]

Death and legacy[edit]

Northup died in Spring 1893,[8] at the age of 74. After Northup & Chick dissolved, it later became the NBKC Bank. In 2020, NBKC Bank had 424 employees and $150 million in net income. They originated over 20,000 mortgages with a value of $7.1 billion.[9]

References[edit]

  1. ^ "Obituary for A. B. NORTHRUP". The Havana Press. 1892-01-15. p. 2. Retrieved 2024-05-09.
  2. ^ "Hiram Milton Northrup – Kansas City Trader – Legends of America". www.legendsofamerica.com. Retrieved 2024-05-09.
  3. ^ "Hiram Northrup". www.wyandot.org. Retrieved 2024-05-09.
  4. ^ "Hiram M. Northrup-Wyandotte". The Kansas City Kansan. 1921-08-20. p. 4. Retrieved 2024-05-09.
  5. ^ "NORTHRUP & CHICK". Kansas City Public Library. Retrieved 2024-05-09.
  6. ^ "The Kansas City Journal-Post Digital Access Project". web.archive.org. 2007-12-12. Retrieved 2024-05-09.
  7. ^ "BANK TROUBLES IN KANSAS CITY.; The Northrup Bank Suspends -- A Big Run on the National Bank of Commerce". The New York Times. 1893-07-16. ISSN 0362-4331. Retrieved 2024-05-09.
  8. ^ "Margaret Clark Northrup" (PDF). Retrieved 2024-05-09.
  9. ^ "Nbkc Bank Mortgage Rates (6.28%) - Review, Closing Costs & Details - Origination Data". originationdata.com. Retrieved 2024-05-09.