Bio of PRICE, George Herbert (b.1861), Hennepin Co., MN
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EXTRACTED FROM: History of Minneapolis, Gateway to the Northwest; 
Chicago-Minneapolis, The S J Clarke Publishing Co, 1923; Edited by: Rev. 
Marion Daniel Shutter, D.D., LL.D.; Volume I - Shutter (Historical); 
volume II - Biographical; volume III - Biographical
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Vol II, pg 785-786
GEORGE HERBERT PRICE
Industry, sagacity and initiative were the materials from which George Herbert
Price, former lumberman and builder of this city, shaped a business career of
more than ordinary success. Starting in partnership with his brother with almost
no capital when he was barely old enough to vote, he built up a business that
became the largest of its kind in this great lumber region. It will always be a
matter of great regret to his business associates, as well as to his family,
that the career of so able a man should have been cut short at the untimely age
of fifty-one.
George H. Price was born in New Brunswick, on the 19th of October, 1861, and
there received a common school education. In his school days and after he was
often employed in the lumber camps of his native province, where he early
learned many of the secrets of this industry. His twentieth year, however, found
him working as a lumberjack in the forests about Hayward, in northern Wisconsin.
In company with his brother, Elijah, he came to Minneapolis in 1881. His first
position here was not indicative of his future career, for he was employed at
the humble task of hauling materials for the Soo Railroad. Nevertheless, before
long he and his brother pooled their slender resources and under the name of
Price Brothers entered the lumber trade, beginning by taking contracts for the
delivery of cedar timber from Grand Rapids. At first their business consisted of
filling contracts for the delivery of logs from the pine woods along the Prairie
river to other firms, including C. A. Smith, H. C. Akeley and other well known
Minneapolis lumbermen. At times they had as many as a dozen orders to be filled
at once, requiring a force of over one thousand men, and became the operators of
the largest contracting business of this kind in Minneapolis. In the management
of this enterprise the brothers demonstrated the value of their apprenticeship
in the lumber camps of New Brunswick and Wisconsin. Long skilled in the work
themselves, they left the supervision of the cutting and hauling of logs to no
employes, but went into the woods to give their directions to the foremen in
person. As their earnings increased they were able to purchase pine lands for
themselves and conduct a lumber business independent of other concerns. For
nearly twenty years this work was carried on with most gratifying returns to the
brothers. In 1903 the partnership was broken by the death of Elijah Price, and
after continuing the business alone for three years George H. Price was forced
to retire because of failing health. At that time he had disposed of most of his
holdings in timber lands. For the next few years he occupied himself with the
building of a considerable number of residences in the neighborhood of his own
home at No. 2207 Polk street, Northeast. As a real estate investment these
houses brought a good return and formed a valuable and productive part of his
estate at the time of his death.
To his native land Mr. Price returned in 1890, to claim Miss Grace Murphy as his
wife, the marriage taking place on the 1st of October. Mrs. Price was born in
New Brunswick and lived there until the time of her marriage. They became the
parents of two children: George Wilbur, a young business man of this city; and
Phyllis Grace. The family maintained a summer home at Manitou, on beautiful Lake
Minnetonka, and it was there that Mr. Price was stricken with apoplexy on May
12, 1912, and died a few hours later.
Mr. Price always voted the republican ticket in political contests and was loyal
to his party, but he never sought nor desired any kind of electoral office,
giving his complete attention to the exacting demands of his business during his
active life.
In the work of his church he took a deep interest and was a member and vestryman
of St. Matthew's Episcopal church for many years. He was also active in Masonic
circles. In Arcana Lodge, No. 187, he was president of the board of directors,
had attained the thirty-second degree of the Scottish Rite and was a member of
Zuhrah Temple of the Mystic Shrine. At the time the Arcana Temple was erected in
Minneapolis, as president of the Masonic Building Association, he carried much
of the responsibility for the successful construction of this building. The only
club with which he was identified was the New Boston Commercial Club. While his
superior abilities as an administrator and financier brought him a well deserved
material prosperity, Mr. Price did not regard the accumulation of wealth as an
end in itself. He ever considered the methods by which a business enterprise was
conducted fully as important as the size of the dividend declared at the end of
the year, and was one of those representative American citizens who promote the
general prosperity by advancing their individual interests.---