James Ludington
Businessman
Died when: 63 years 348 days (767 months)Star Sign: Aries
James Ludington (April 18, 1827 – April 1, 1891) was an American entrepreneur, businessman, lumber baron, and real estate developer.As a businessman he would loan money to other businessmen.
In one such loan he had to foreclose for delinquent payments on a sawmill operation in Michigan.He ultimately obtained the sawmill in the village of Pere Marquette.
Ludington platted the land there and formed a town with a lumber company operation.He later sold his interest to the lumber company for a large sum of money and became very wealthy.
The town later changed its name and became Ludington, Michigan, although he never lived there.
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