Page "Louis McLane" Paragraph 16

Although he had some inherited wealth from his father, with 13 children McLane always needed to provide additional earned income in his own right.

With his managerial talents, resume and connections, he was quickly sought out.

The first to find him was the Morris Canal and Banking Company.

A New Jersey corporation, largely based in New York City, it operated a canal from Phillipsburg to Newark, New Jersey, primarily to carry coal from Pennsylvania to New York City.

It was also a bank and had a charter that provided banking opportunities.

McLane was President for one year, implemented many improvements, and produced one of the few profitable years the company had.

But his beloved family was in Wilmington and at their second home, “ Bohemia ,” was in Cecil County, Maryland.

New York City was too far away.