Occupation Businessman, banker Children Rogers Caldwell | Name James Caldwell Spouse(s) May Winston | |
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Born September 18, 1854 Memphis, Tennessee, U.S. Residence Longview, Nashville, Tennessee, U.S. Died September 26, 1944, Nashville, Tennessee, United States | ||
Resting place Mount Olivet Cemetery | ||
James Erwin Caldwell (September 18, 1854 – September 26, 1944) was an American businessman and banker from Tennessee. He served as the President of the Cumberland Telephone and Telegraph Company, later known as the Southern Bell Telephone and Telegraph Company (now AT&T), which installed telephones across the Southern United States.
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Early life
James Erwin Caldwell was born on September 18, 1854 in Memphis, Tennessee.
Career
Caldwell acquired a controlling interested in the Cumberland Telephone and Telegraph Company in 1890. The firm installed telephones in Tennessee, Kentucky, Mississippi, Louisiana, as well as Southern Illinois and Indiana. By 1912, its capitalization was US$20,000,000. Caldwell served as its President until 1912, when he became its Chairman. That same year, it merged with the Southern Bell Telephone and Telegraph Company, and Caldwell served as its President.
Caldwell was a large shareholder of the Fourth National Bank. When it merged with the Third National Bank of St. Louis in 1912, he became President of the First and Fourth National Bank of Nashville. The new bank was headquartered in The Stahlman in Downtown Nashville. The bank merged with the American National Bank in 1930. He retired shortly after. However, by 1932, Caldwell was sued for fraud regarding the sale of shares during the merger.
Caldwell was a major shareholder of the Rodessa Oil and Land Co. In 1937, he was ordered by the chancery court to surrender his stock to cover some of his son Rogers's debt to the State of Tennessee.
Caldwell recommended John Trotwood Moore for State Librarian and Archivist of Tennessee to Governor Albert H. Roberts in 1919.
Personal life
Caldwell married May Winston. They resided at Longview, an antebellum mansion in Nashville, now owned by Lipscomb University. They had several children, including Rogers Caldwell, known as the "J.P. Morgan of the South."
Death
Caldwell died on September 26, 1944 in Nashville, Tennessee. He was buried at the Mount Olivet Cemetery.