Delmonico, Lorenzo
LORENZO DELMONICO, the most famous restaurateur and caterer of the United States, born in the Canton of Ticino, Switzerland, March 13, 1813, died in Sharon Springs, N.Y., Sept. 3, 1881. He came to America at the age of 19. His uncles had established a small candy store at No. 23 William street, and Lorenzo was taken by his unwilling relatives into their employment. This proved afterward of great advantage to them. In 1833, the Delmonico restaurant was opened, only to be burned in the great fire of 1835. They started again at No. 78 Broad Street, with a lodging house attachment. This new restaurant was burned in 1845, and next year a new one was opened on Broadway at Morris Street. The finest cooking and finest wines in the city soon made this place famous and the best in the city. About 1856, it was removed to the corner of Chambers Street. Later, the famous café at the corner of Fifth Avenue and 14th Street was established, followed by the restaurants at No. 22 Broad Street, the one on Fifth Avenue at 26th Street, and one at No. 112 Broadway. In 1876, the branches at the corner of Chambers Street and 14th Street were discontinued. The management of the great business devolved entirely upon Lorenzo Delmonico, who was distinguished by his courtesy and business ability. He lost about half a million of money in 1861 by a speculation in petroleum, but paid the debt in full in a few years. While married, he had no children, and his business descended to his brother Siro and his nephew Charles. (Taken from America’s Successful Men)

Products

Northern Pacific Railroad Stock Issued To The Estate Of Famous Restaurateur Lorenzo Delmonico

 Delmonico, Lorenzo
1882, New York. Stock certificate for 100 shares. Green/Black. Engraved vignette of a steam locomotive at top center, nice portrait vignette of Frederick Billings at bottom. Punch and stamped cancelled.
Catalog: # NP-1038
Cancellation: Stamp Cancelled
Condition: Extremely Fine
State: New York
Topic: Railroad
Price: $75.00

The Pacific Railway Improvement Co Mpany Issued To And Signed On Verso By Restauranter Lorenzo Delmonico And Signed Twice On Verso In Morgan’s Hand Drexel Morgan & Co.

 Delmonico, Lorenzo
Subscription certificate for $5,000 in stock and $10,000 in bonds. Signed twice on verso “Drexel, Morgan & Co,” by J.P. Morgan. New York. January 20, 1880. Issued to Lorenzo Delmonico and signed on verso. “The Pacific Railway Improvement Company made a public offer in 1880 for subscriptions for the first mortgage bonds of the Texas Pacific Railway Company. Funds were required for building a line between Fort Worth and Rio Grande, a distance of about 600 miles. The funds offered were of $1,000 denomination, bearing interest at the rate of 6 per cent per annum. As a inducement, the company offered for every subscription or $900 paid in addition to the first mortgage bond stock in the road to the amount of $500. The installments were to be paid whenever the Improvement Company required money to carry on its work. The subscribers received certificates upon which the amount of their respective payments was entered.” (New York Times, November 29, 1882) Signed on the front by Charles H. Woerishoffer. An interesting and unusual association.
Catalog: # SB-4151
State: New York
Topic: Famous People on Stocks and Bonds
Price: $1250.00