Multnomah County OR Archives Biographies.....Philips, L. M. 1878 - 
************************************************
Copyright.  All rights reserved.
http://www.usgwarchives.net/copyright.htm
http://www.usgwarchives.net/or/orfiles.htm
************************************************

File contributed for use in USGenWeb Archives by:
Ila L. Wakley iwakley@msn.com May 28, 2009, 6:01 pm

Author: The S. J. Clarke Publishing Company

     L. M. PHILLIPS, president of L. M. Phillips & Co. and vice president of 
the Goudey-Phillips Mortgage Company, of Portland, has gained recognition as 
an able, enterprising and successful business man and is a prominent factor in 
the financial circles of this city. Mr. Phillips was born in Davenport, Scott 
County, Iowa, in 1878, and is a son of M. V. B. and Anna E. Phillips, of whom 
the former was engaged in the newspaper business. The family moved to 
Minneapolis, Minnesota, in 1884, and there both parents died.

     Mr. Phillips completed the course of the public schools and attended the 
school of the University of Minnesota, after which he entered the employ of 
the Minnesota Title, Insurance and Trust Company, at Minneapolis. He remained 
with that concern until 1905, when he went to Towner, North Dakota, and 
engaged in the abstract and mortgage loan business, which commanded his 
attention until 1911, when he came to Portland, of which city he has since 
been a resident. Soon after locating here he organized the firm of L. M. 
Phillips & Co., of which he is president, and engaged in the mortgage loan 
business, in which he has met with gratifying success. In 1926 he became 
associated with Edward E. Goudey, of San Francisco, California, in the 
organization of the Goudey-Phillips Mortgage Company, of which Mr. Goudey is 
president and Mr. Phillips, vice president. They specialize in making city 
loans on first mortgages and also do a general insurance business, 
representing the England Mutual, the Provident Mutual and other strong 
insurance companies. Phillips has loaned many millions of dollars on down-town 
business properties, in the placing of which he has shown discriminating 
judgment that has given him a reputation for dependability and sagacity among 
the business men of this city.

     In 1902 Mr. Phillips was united in marriage to Miss Nettie L. Brown, of 
Minnesota, and they are the parents of two children, Richard, who is with the 
Portland Gas Company, and Carol, who is attending Oregon State College. Mr. 
Phillips gives political allegiance to the republican party and is a member of 
Mouse River Lodge, No. 43, A. F. & A. M.; Portland Consistory, A. A. S. R.; Al 
Kader Temple, A. A. O. N. M. S.; Portland Lodge, No. 142, B. P. 0. E.: the 
Multnomah Athletic Club and the Chamber of Commerce. In his earlier life he 
took a very active part in football, being coach of the St. Paul Athletic 
Club. He is still active in athletics and is interested now in hand ball. He 
enjoys a wide acquaintance throughout this city, is very popular in a social 
way, and to a marked degree commands the confidence and respect of his 
fellowmen.

Additional Comments:
History of the Columbia River Valley From The Dalles to the Sea, Vol. II, Page 
794

File at: http://files.usgwarchives.net/or/multnomah/bios/philips724gbs.txt

This file has been created by a form at http://www.genrecords.org/orfiles/

File size: 3.4 Kb