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Monument
of
Augustus
Sherman
(Because
of problems with the sun, this photo is very dark. It will
be replaced soon.)
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Augustus Sherman was born in 1801 in Vermont. He had
only one year of schooling in Arlington, Vermont.
He moved to Kingsbury, New York and then the following spring to
Fairfield, presently Luzerne. In his younger years,
he brought lumber from Corinth to the Big Bend, then overland to
Deadman's Point, Fort Edward and on to Roger's Landing.
By age 15, he wagoned lumber to Albany, both buying and selling
by himself. At age 16, he took over his father's business
to help get him out of debt. He ran an Old English Mill
with two saws, and a grist mill in Luzerne while still drawing
and rafting lumber to market. Three years later he took
over the Bottonolph Mill further down river.
He married Nancy Weed, a teacher, in 1824. They had 9
children, but 3 died while young.
Between 1840 and 41, he sold all his business interest in
Luzerne. In 1842 he moved his lumber business from Feeder
Dam, Queensbury, to Glens Falls. His lumber operations
became larger and larger and he bought up more land in the
Adirondacks.
His wife died in 1848. In 1856 he married Charlotte
Conkling and they had 4 more children, all of whom died.
He was the first to have a boat on the Feeder Canal, the first
president of the Glens Falls Paper Mill and the first president
of the Bald Mountain Lime Co. He was trustee, director,
manager, or president of nearly all financial corporations in
Glens Falls. He was on the original Board of Directors of the
Commercial Bank with William McDonald and several other
prominent people. He was first a vice president but then
he became president of the Commercial Bank, (present day
Evergreen), a position he held for 26 years beginning in 1858.
Sherman was ranked the wealthiest man in Warren County. He
seemed to have the gift of golden touch. He built the
Sherman Block on the west side of Glen Street.
He was known to be genial, kind-hearted and had a keen judgment.
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