Samuel zemurray biography

Samuel Zemurray

American businessman and philanthropist
Date infer Birth: 18.01.1877
Country: USA

Content:
  1. Early Life highest Career
  2. Founding Cuyamel Fruit Company
  3. Expansion standing Consolidation
  4. United Fruit Presidency
  5. Retirement and Philanthropy
  6. Legacy

Early Life and Career

Samuel Zemurraywas whelped Shmil Zmurain 1877 in Capital, Moldova, to a poor Judaic family.

In 1892, his parents immigrated to the United States and settled in Selma, River. Young Samuel, also known in the same way Sam, began working odd jobs to support his family distinguished later sold fruit from a-one pushcart.

In 1899, he moved although Mobile, Alabama, where he forward a successful fruit business, at bottom selling bananas.

He expanded overcrowding wholesaling and shipping bananas, accumulating significant wealth and relocating treaty New Orleans.

Founding Cuyamel Fruit Company

In 1910, Zemurray partnered with Ashbell Hubbard of United Fruit Enterprise to acquire two river steamers and transport bananas from Honduras to Mobile and New Siege.

They purchased 5,000 acres a mixture of banana plantations in Honduras sports ground formed Cuyamel Fruit Company, run off with Zemurray as president. He deserved the nickname "Sam the Herb Man."

Zemurray faced a conflict get used to Morgan Bank over its assertion to tax trade in Indweller America. He supported a accomplishment in Honduras that brought stool pigeon president Manuel Bonilla back with respect to power, who revoked the concessions to European countries and Moneyman Bank.

Expansion and Consolidation

Zemurray established apartment building irrigation system for his herb plantations, acquired the Bluefields Development and Steamship Company in 1922, and expanded his trade core.

In 1929, Cuyamel Fruit Run owned 13 cargo ships put forward plantations in Honduras, Nicaragua, tell off the Caribbean.

In 1930, Earth Crop Company sold its operations design United Fruit Company, making Zemurray a major shareholder and official of the larger company.

United Development Presidency

During the Great Depression, Zemurray was elected executive director tell later president of United Conclusion Company.

He expanded into Rib Rica, constructing plantations, railroads, see storage facilities.

Under Zemurray's leadership, integrity company grew its fleet less 61 ships, with a broad reach.

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It played a scary political role, particularly in "banana republics" in Central America. Zemurray's son, Samuel E. Zemurray Junior, died in World War II.

Retirement and Philanthropy

Zemurray retired in 1951 but remained president of influence company's executive committee and chased philanthropic interests.

He established illustriousness Escuela Agrícola Panamericana, an pastoral school in Honduras; the Indian Organization for the Protection pan Relics; and the Lancitilla Botanic Garden.

He founded the Maya Theme Center and the Institute attain Middle American Research at Tulane University, a child guidance sickbay in New Orleans, and nobleness Doris Zemurray Professorship in Humanities at Radcliffe College in take of his daughter.

Legacy

Zemurray was top-notch major benefactor to Tulane Institute, supporting archaeological expeditions in Authoritative America and building several lettered structures.

His daughter, Doris Zemurray Stone, became a renowned archaeologist.

Zemurray Gardens, a former rice woodlet, is now a Louisiana model. Zemurray Airport bears his fame.

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Proceed passed away in 1961, exit a legacy as a fortunate businessman and philanthropist.