Person    | Male  Born 25/6/1837  Died 29/12/1905

Charles Tyson Yerkes

Categories: Transport

Countries: USA

First things first - pronounce his name to rhyme to with turkeys. He has a claim to having created London Transport.

Born Philadelphia. The memorial describes him as 'creative' and 'imaginative' but he seems quite an unpleasant businessman - on-line biographies use words such as 'ruthless' and 'disreputable'.

Began his business career in grain brokerage, then moved into banking. The 1871 Great Chicago Fire brought him financial ruin and accusations of embezzlement or larceny, an attempt at bribery and 7 months in prison. But within 10 years he was wealthy again. In 1881 he divorced, married a new wife and moved to Chicago where he gradually bought up most of the transit companies. In 1899 he effectively cashed in his holdings and moved to New York.

1898 he was in London buying up the District Railway and financing its electrification. He formed the Metropolitan District Electric Traction Company and through this he pushed through the acquisition, construction and electrification of many of the tube lines that became those we know and love today, including the Charing Cross Euston & Hampstead Railway company, the Baker Street and Waterloo Railway, and the Brompton and Piccadilly tube. He also acquired the tramway system and electrified it.

Died New York, with his estate greatly reduced by many debts.

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This section lists the memorials where the subject on this page is commemorated:
Charles Tyson Yerkes

Commemorated ati

Chalk Farm Station

The plaque mentions the Charing Cross, Edgware & Hampstead Railway. We be...

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Charles Yerkes

{On the panel below the portrait:} Northern line founder Charles Tyson Yerkes...

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Other Subjects

St Saviour’s Dock

St Saviour’s Dock

Our picture source, HSomerville provides a thorough history of this area and says "St Saviour's Dock was created in the 13th century by the Cluniac monks of Bermondsey Abbey."

Place, Commerce, Transport

1 memorial
Gunner Frederick George Gatward

Gunner Frederick George Gatward

Frederick George Gatward was born on 20 March 1890 in Bromley-by-Bow, London, the eldest of the eight children of George Frederick Gatward (1868-1922) and Sarah Gatward née Impey (1872-1943). His b...

Person, Armed Forces, Transport, France

War dead, WW1
1 memorial
Citroën

Citroën

French motor company founded by André Citroën. The company commenced manufacture in Britain at the Slough Trading Estate in 1926 and continued building cars until 1965 when the operation became ded...

Group, Transport, France

1 memorial
Purley air crash

Purley air crash

A de Havilland DH.34 G-EBBX of Imperial Airways, which had only just taken off from Croydon Airport bound for Paris, crashed at Purley in Surrey. All seven passengers and the pilot were killed.  A ...

Event, Tragedy, Transport

1 memorial
Bridge of Aspiration

Bridge of Aspiration

A high level link between the Royal Opera House and the Royal Ballet School. Designed by Flint & Neill and Buro Happold with Wilkinson Eyre.

Building, Architecture, Transport

1 memorial

Previously viewed

Westminster Bank

Westminster Bank

EC2, Lothbury, 41

All the sources we have checked give 1834 as the year of origin.

1 subject commemorated