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.

Comments are provided by Facebook, please ensure you are signed in here to see them

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...

Read More

Charles Yerkes

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

Read More

Other Subjects

Handley Page V1500 bomber crash

Handley Page V1500 bomber crash

The aircraft had taken off from Cricklewood Aerodrome. At an altitude of approximately 700 to 800ft, all four of the engines were heard to stop, sending it crashing to the ground and catching fire....

Event, Tragedy, Transport

1 memorial
Lord Nuffield, William Morris

Lord Nuffield, William Morris

Motor manufacturer and philanthropist. Born Worcester. Began work in a bicycle shop and designed the first Morris car in 1912. Founder of the Morris Motor Company and founder of the Nuffield Fou...

Person, Engineering, Philanthropy, Transport

1 memorial
Chelsea Bridge

Chelsea Bridge

At the same time that Battersea Park was created the first bridge at its eastern corner was built (shown in the image). This was opened in 1858, as Victoria Bridge, by Queen Victoria on her way to ...

Building, Transport

1 memorial
London And Blackwall Railway

London And Blackwall Railway

Opened as the 'Commercial Railway' it connected Central London with the docks.

Place, Transport

1 memorial
Three Colts Bridge

Three Colts Bridge

Grade II* listed bridge. It crosses the Hertford Union Canal, and was instigated by Sir George Duckett and constructed by Francis Giles.

Place, Transport

1 memorial