Hickman County, KY - Bios: Wisdom, B. H. Posted by Sandi Gorin on Mon, 23 Oct 2000 ************************************************************************* USGENWEB ARCHIVES NOTICE: These electronic pages may NOT be reproduced in any format for profit or presentation by any other organization or persons. Persons or organizations desiring to use this material, must obtain the written consent of the contributor, or the legal representative of the submitter, and contact the listed USGenWeb archivist with proof of this consent. The submitter has given permission to the USGenWeb Archives to store the file permanently for free access. http://www.usgwarchives.net ************************************************************************* B. H. WISDOM 4978, Hickman Co. Surname: Wisdom, Wagner, Cave, Mims, Ohlman NOTE: I have no connection and no further information. Memorial Record of Western Kentucky, Lewis Publishing Company, 1904, pp 442-444 [Hickman] B. H. WISDOM. In the Paducah Daily Register, dated October 29, 1896, appeared the following obituary of the subject of this sketch: Mr. B. H. Wisdom died at 5:30 last night at his home on Jefferson street after a brief illness. He was on the streets last Saturday. On Sunday he complained of not feeling well, and on Monday he took to his bed. Dangerous symptoms did not develop, however, until yesterday morning, when he was seized with a severe rigor and became unconscious, sinking rapidly until the end. His death was due to a general breaking down of the system, incident to old age, he being in his seventy-eighth year. He had been in bad health for a year or two, but rallied during the summer, and hence his death came at the present time as an unexpected shock to his family and friends. Mr. Wisdom was born January 19, 1819, near Bowling Green, in Caroline county, Virginia. His father moved to Kentucky about 1827, settling near Trenton, in Todd county. Before he was of age, Mr. Wisdom went to Trenton and became a clerk in a store, and showed such business sagacity that in a few years he was admitted to partnership with his employer, Stakely Wagner. The firm was eminently successful and soon ventured into the buying of tobacco for the English market. In this Mr. Wisdom, though still a very young man, displayed remarkable judgement, and thus began the foundation for his large fortune. For many years past he has been reputed the wealthiest man in Kentucky, and though all his career he was noted for his close attention to business, honesty, strict integrity and fair dealing. Mr. Wisdom had a remarkable business career. After continued success in the tobacco trade at Trenton, he was called to cashiership of the Bank of Tennessee, at Clarksvile, in which position he continued until the breaking out of the Civil war. About that time he invested largely in tobacco, which he stored in New Orleans and sold afterward at an enormous profit. During the war he took up his residence in NewYork, where he was engaged in the brokerage business, being a member of the firm of Norton, Slaughter & Company. This was a profitable venture also, and when he left New York in 1866 he was worth over a quarter of a million dollars. He came to Paducah in that year and engaged in banking with Mr. William Norton, the firm being Norton, Wisdom & Company. For many years this was one of the noted financial institutions of the state. In addition to the banking business, Mr. Wisdom engaged extensively in the purchase of tobacco, and being a man of shrewd judgement and large resources, managed to make many fortunate investments in Kentucky's staple product. He also made large investments in real estate, both here and elsewhere. In some of these, subsequent developments showed that he had foresight little less than marvelous. Until the city of Duluth, Minnesota, began to grow and became a city of vast importance, even his most intimate friends did not know that years before he had bought large bodies of land in that vicinity at a very small price. When the city sprang up almost as if by magic, Mr. Wisdom's property came into demand, and he sold much of it at figures that seem fabulous. A little later on a new town sprang up at the mouth of Brazos river, in Texas, where enterprising individuals had made a deep water harbor on the gulf coast without asking the aid of the government. Mr. Wisdom had years before bought much land there, which was thus thrown on the market and increased his fortune. He made many other real estate investments, and much of his wealth is now represented in lands. He maintained sole management of his affairs until about a year ago, when his health broke down. Not many years ago he made thirty thousand dollars in one year in tobacco, purchasing over a thousand hogsheads and holding for an unprecedented advance. Mr. Wisdom leaves three daughters, Mrs. George C. Wallace, Mrs. Rev. W. E. Cave and Miss Belle Wisdom, of this city. His wife died about fourteen years ago. His only son, Norton Wisdom, died about eight years ago, leaving one child, Henry, now aged twelve, and residing at Fourney, Texas. He also leaves two sisters, Mrs. George G. Mimms and Mrs. Agnes Ohlman, both of Hampton, Tennessee. Mr. Wisdom was not a church member, nor did he hold relations withany of the secret societies. He was a man who was upright in his dealings with his fellow man. Though seeking few friendships and of a retiring disposition, he was courteous to all. He will be greatly missed in Paducah.