On This Day in History, 1852, Henry Wells and William Fargo… well, you know.
Founded during the 1850s, Wells Fargo’s logo – the classic stagecoach – became famous. During WW I, the government nationalized the company’s shipping routes and combined them with the railroads into the American Railway Express, effectively ending Wells Fargo’s run as a transportation and delivery business…. <But> its banking business continued to grow, making it one of the country’s biggest banks today.
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I almost forgot, but remembered today as I was sitting in Tuscany Coffee at 1700 Lincoln Avenue on the ground floor of the Wells Fargo Center in downtown Denver, that the financial angle looms large for the company in this city too. The nickname of the building? Because of its curved top, it’s known as “The Cash Register Building.”