Otis, Charles A., Jr.; investment banker; born, Cleveland, July 9, 1868; educated, Cleveland public schools and Brooks Academy, went to Andover and Yale University, graduating in 1890, from the Sheffield Scientific School; went to Colorado, and engaged in the cattle business with D. D. Casement, of Painesville, O.; still associated with Mr. Casement in the Unaweep Stock Range; in 1895, formed a partnership with Addison H. Hough & Co., under the name of Otis, Hough & Co., engaging in the steel commission and agency business; for some years represented Jones & Laughlin, of Pittsburgh, The Pennsylvania Tube Co., and Painter & Sons, and other finishing mills; at the consolidation of the steel companies, and the establishment of their own agencies, the move was made for the selling of the securities of the rapidly-developing companies; to this end he purchased a seat on the New York Stock Exchange, and in 1900, the firm of Otis & Hough, bankers, was formed; first firm in Cleveland to own a seat on the New York Stock Exchange; were largely instrumental in forming the Cleveland Stock Exchange; both Mr. Hough and Mr. Otis have been pres. of the Exchange; has disposed of large business interests, and now devotes time to the business of Otis & Co.; interested in the development of the civic life of Cleveland, as well as its sociable and charitable work; pres. of the Babies’ Dispensary and Hospital; his country home, Tannenbaum Farm, is an active interest; it is one of the prominent stock farms of the country, and has one of the finest herds of Berkshires in the United States.
Biographical Sketch of Charles A. Otis, Jr.
MLA Source Citation:The Book of Clevelanders: A Biographical Dictionary of Living Men of the City of Cleveland. Burrows Book Company. 1914. AccessGenealogy.com. Web. 26 November 2014. http://www.accessgenealogy.com/ohio/biographical-sketch-of-charles-a-otis-jr.htm - Last updated on Feb 13th, 2012
Contribute to the Conversation!
Our "rules" are simple. Keep the conversation on subject and mind your manners! If this is your first time posting, we do moderate comments before we let them appear... so give us a while to get to them. Once we get to know you here, we'll remove that requirement.
You must be logged in to post a comment.