J. V. Farwell & Co. Warehouse, Also known as Cooley, Farwell & Co., Farwell, Field & Co.,
Life Span: 1856-1871
Location: 42, 44, 46 Wabash
Architect: TBD
The J. V. Farwell & Co. warehouse of 1856 was the first large building of its type, thought too large before the railroads became a major factor. Cooley Farwell & Co. became J. V. Farwell & Co. in 1865. Now largely forgotten, this company was once one of the leading business enterprises in the United States. In 1838, when he was 13 years old, John V. Farwell moved with his family from New York to Illinois. In 1845, the young Farwell headed to Chicago, where he worked as a clerk for several merchant houses engaged in the sale of dry-goods such as textiles, clothing, and home furnishings.
Farwell was named a partner in the firm, then known as Cooley, Wadsworth & Co., in 1850. He married Emeret C. Cooley in 1854; they had three sons and a daughter. One of Farwell’s associates in this company was a young Marshall Field. In 1863, Farwell was named senior partner of the firm following the retirement of E. S. Wadsworth. In 1864, the company was restyled Farwell, Field & Co. after Marshall Field and Levi Leiter were admitted to the partnership. However, the next year, Field and Leiter left to join Potter Palmer in what would become Marshall Field & Co. Farwell’s dry goods house then became known as John V. Farwell & Co. The building was destroyed during the Great Chicago Fire but a much larger building was rebuilt their store as the Farwell Block at the NW corner of W. Monroe St. and S. Franklin St. It was officially incorporated in 1891, when charge of the company was turned over to his sons.
J. V. Farwell & Co.
NE Corner Wabash Avenue and Benton Place
42, 44, 46 Wabash
Lithograph by Edward Mendel
1866
A John V. Farwell & Co. business receipt from 1869 imprinted with an orange 2¢ Eagle revenue stamp illustrates the firm’s Chicago headquarters building.
J.V. Farwell & Co.
NE Corner Wabash Avenue and Benton Place
Sanborn Fire Insurance Map
1869
I have found a token from this company with a big key on the front of it it came out of a Delaware Indian home site