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Biography of S. G. Reed

S. G. Reed, of Portland, one of the city’s most useful and progressive citizens, was born at East Abington, Massachusetts, April 23d, 1830. His early education was received in the public school of his native town, but he afterwards attended a private school and academy. He came to San Francisco, by way of the Isthmus of Panama, in the spring of 1852, and in the following autumn came to Oregon, where he has ever since resided. He was a clerk in the mercantile house of W. S. Ladd & . Co., from the fall of 1855 until the 2d day of April, 1859, when he became a partner in the business, under the firm name of Ladd, Reed & Co. In 1858, he purchased W. B. Wells’ interest in the steamers Senorita, Belle and Multnomah and for many years from this time was one of the leading spirits in the development of the steamboat interest on the North Pacific coast. The steamers named were subsequently merged in the Oregon Steam Navigation Company’s line. This company was first organized under the laws of Washington Territory, December 27, 1860, at which time its entire assets amounted to only $172,500. It was re-organized with a capital stock of $2,000,000, under the laws of Oregon, on October 18, 1862, with J. C. Ainsworth, D. F. Bradford, R. R. Thompson, and S. G. Reed as incorporators. Mr. Reed was a director in the company from the date of its organization, and on July 27, 1864, was elected vice-president, remaining in that position until the final transfer of the property to the Villard Syndicate for...

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