Sunday, February 26, 2017

February 26, 1912 -- Ebenezer Buckingham Dies

February 26, 1912 -- Ebenezer Buckingham dies at his residence, 2036 Prairie Avenue.  A graduate of Yale University, Buckingham came to Chicago in 1850, an in 1865 took over management of the grain elevators located at the Illinois Central depot at the mouth of the Chicago River.  By 1873 he and his brother, John, had increased the capacity of the elevators from 700,000 bushels to 2.9 million bushels.  Investing wisely as the city exploded both in population and in industry, Buckingham became the president of the Northwestern National Bank in 1890.  In 1853 Buckingham married Lucy Sturges, and a son, Clarence, and two daughters, Kate and Lucy, were born to the couple.  It was the death of Clarence Buckingham that led Kate Buckingham to provide the generous gift of the fountain dedicated to the memory of her brother that sits today at the head of Congress Avenue. 

February 26, 1903 -- With the payment of $100,000 the Studebaker brothers become absolute owners of the Fine Arts Building and the ground beneath it. The ground on which the building stood had been held in a 99-year lease that began in May of 1885 with an annual ground rent of $2,000. The building, designed by Solon Spencer Beman, opened in 1886 with a four-story annex added for use by the Art Institute in 1898. On July 7, 1978 the building was declared a Chicago City Landmark. The photo below shows the building as it looked in 1900.

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