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Myer Lowentritt |
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MYER LOWENTRITT, oil broker, came to Oil City in 1864 from Cleveland, Ohio, where he was born September 26, 1843. His father, Aaron Lowentritt, a native of Bavaria, was some years a merchant in Cleveland. He afterward moved to Milwaukee and engaged in the grain business and there spent the rest of his life. He died in 1867 at the age of fifty years. Myer, the eldest of his two sons, was educated in Cleveland and studied both law and medicine, adopting neither, however, as a profession. His first business venture was as a hide and fur dealer in La Crosse, Wisconsin, and he followed it two years. At McGregor, Iowa, and Milwaukee, Wisconsin, he bought and shipped grain for about four years, and from the latter place, via Cleveland, came to the oil region. Here, being without money—his employers having failed in his debt—he embarked in the oil business as superintendent of wells for the Cherry Valley Oil Company. At the end of about one year he became a producer—an enterprise that from 1871 to 1878 yielded him large returns. Since the year last mentioned his principal business has been that of oil broker. What of this world’s goods Mr. Lowentritt has is the result of his individual efforts and industry. In leaving Cleveland he borrowed ten dollars with which to pay his way, and upon arriving here the sum of his fortune was four dollars. The ethics obtaining in biography of living men forbid conclusions on the part of the writer, and a brief outline of facts only can be given. Mr. Lowentritt is president of the Enterprise Milling Company and of the Home Building and Loan Association, and is one of the directors of the Oil City Trust Company Bank and of the Oil City Tube Works. He is a member of the Masonic fraternity and of the I. O. B. B., a beneficiary society peculiar to members of the Israelitish church. He was married January 23, 1878, at Titusville, to Miss Rachel Frey, a native of Ohio, and has three children: Arthur; Helen, and Florence.
History of Venango County, Pennsylvania
: its past and present, including its aboriginal history, the French and
British occupation of the country, its early settlement and subsequent
growth, a description of its historic and interesting localities, its rich
oil deposits and their development, sketches of its cities, boroughs,
townships, and villages, neighborhood and family history, portraits and
biographies of pioneers and representative citizens, statistics, etc.,
etc.
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