Career · Entrepreneur memoirs

P. T. Barnum:Struggles and Triumphs, Additional Excerpt 405

P. T. Barnum《Struggles and Triumphs》· Struggles and Triumphs · Leadership

There was a small clock manufactory in the town of Litchfield, Connecticut, in which I became a stockholder to the amount of six or seven thousand dollars, and my duties as a director in the company called me occasionally to Litchfield and made me somewhat acquainted with the clock business. Thinking of plans to forward my pet East Bridgeport enterprise, it occurred to me that if the Litchfield clock concern could be transferred to my prospective new city, it would necessarily bring many families, thus increasing the growth of the place and the value of the property. Negotiations were at once commenced and the desired transfer of the business was the result. A new stock company was formed under the name of the “Terry & Barnum Manufacturing Company,” and in 1852 a factory was built in East Bridgeport.

Source: https://www.gutenberg.org/ebooks/50115
Locator:Additional excerpt 405 · Verified:2026-10-19 · Verification:Short excerpt

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