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

Walham Green Station

Walham Green Station

Walham Green station originally served the Metropolitan District Railway's extension from West Brompton to Putney Bridge.  The first station was opened in March 1880 (see the Picture source for a p...

Building, Transport

1 memorial
Temple Mills

Temple Mills

A district on the boundaries of Newham and Waltham Forest. The name derives from the water mills which straddled the River Lea. Medieval Hackney was largely rural and crops were grown that needed ...

Place, Commerce, Transport

1 memorial
Gresley Society Trust

Gresley Society Trust

From the Trust's website: "Our purpose is to study and celebrate the life and works of Sir Nigel Gresley in particular, and the works and achievements of the London & North Eastern Railway in g...

Group, Community / Clubs, Engineering, History, Transport

1 memorial
London steam carriage

London steam carriage

Londonist have a piece on this early manifestation of the car and steam locomotive, rolled into one.

Vehicle, Engineering, Transport

1 memorial
High Speed 1

High Speed 1

A high-speed railway link from London through Kent to the UK end of the Channel Tunnel. Officially known as the Channel Tunnel Rail Link (CTRL) and originally as the Union Railway or Continental Ma...

Place, Transport

2 memorials

Previously viewed

Alfred George Stevens

Alfred George Stevens

Sculptor. Born Blandford Forum. Spent most of his life and energy creating the Wellington memorial in St Paul's Cathedral. The railings with lions (also by Stevens) around this were originally, 185...

Person, Sculpture, Belgium

2 memorials
Joseph James Redding

Joseph James Redding

Deputy Chairman of the Police Committee of the Corporation of London in 1926. Speel tells us that in St Botolph Aldgate there is a panel monument to "Joseph James Redding, d.1932". Seems likely to ...

Person, Politics & Administration

1 memorial
Hampstead fire station

Hampstead fire station

Tetramesh has a 1906 photo of this building showing that there used to be more to the tower.

Building, Armed Forces

2 memorials
Tower Hamlets Council

Tower Hamlets Council

The name was originally applied to the Tower division of the county of Middlesex. This division was a liberty, i.e. it was an autonomous area under the jurisdiction of the Constable of the Tower of...

Group, Politics & Administration

53 memorials
Greater London Council

Greater London Council

Replaced the LCC. The GLC was abolished, some say, because Mrs Thatcher could not abide its left-wing politics, nor its leader, Ken Livingstone.  On its 50th anniversary Diamond Geezer posted a goo...

Group, Politics & Administration

241 memorials