Coxe family mining papers
The Coxe Family Mining Papers document the history of what once was the largest independent anthracite coal producer in the United States. Between 1865 and 1905 the Coxe family established and operated numerous companies for the purpose of developing the coal property purchased by the family patriar... Full description
|Collection Information:||Coxe Family Mining Papers (#3005)|
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|Main Author:||Coxe family|
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496.0 Linear feet 1036 boxes, 381 volumes, 138 flat files
The Coxe Family Mining Papers document the history of what once was the largest independent anthracite coal producer in the United States. Between 1865 and 1905 the Coxe family established and operated numerous companies for the purpose of developing the coal property purchased by the family patriarch, Tench Coxe, between 1790-1824. By the 1890s members of the Coxe family controlled multiple companies, collieries and mining towns in the Eastern-Middle Anthracite Field of Pennsylvania. The various Coxe-owned mining operations competed in an industry which was largely dominated by the major railroad lines of the region. Through the keen business management and ingenious engineering skill of Eckley B. Coxe, the Coxe family remained independent of the railroads for forty years. This distinction was brought to an end in 1905, when the Lehigh Valley Railroad Company purchased the capital stock of Coxe Brothers & Company, Inc.
Although the Coxe family surrendered the direct control of their mining operations, they did retain ownership of all their coal property. During the years 1905-1968, the Estate of Tench Coxe acted as land agents for their vast coal properties. In return for the coal-leases granted predominantly to Coxe Brothers & Company, Inc., the Estate of Tench Coxe received large monthly royalty payments, which were then distributed to the various Coxe Heirs. In 1950, the Estate of Tench Coxe cancelled its lease with Coxe Brothers & Company, Inc. Although this had the effect of placing Coxe Brothers out of business, the Estate continued to lease its property to various other operating agents. In 1962, the Coxe family began to liquidate its property, due in large part to the depressed condition of the anthracite industry. Six years later the remaining portions of the Coxe Estate were sold, ending nearly 200 years of active involvement in the coal business.