It apparently is not well known how and why Wells Fargo Security came to be. As I did research for this article most of the recorded history stated that William George Fargo an American pioneer express man from Pompey New York and Henry Wells American pioneer express man from Thetford Vt. Joined forces in 1852 to form Wells Fargo Security. New York City is sited as the point of origin.My research finds things a little different. Wells Fargo Security actually got its start in BuffaloNew York. Henry Wells as a child moved to central New YorkState. He was an entrepreneur at heart and in 1843 he established an express service between New York City and Buffalo. He competed with the U.S. Post Office and was carrying mail at less cost than the government.In 1844 Henry Wells and William Fargo and another partner had organized Wells Fargo and company. This was the first Wells Fargo Security Company. A successful express company it merged with American Express in 1850 with William Fargo as secretary. Wells Fargo Security (Wells Fargo & Company) took the need that the gold rush had provided and handled an express company between and New York City and San Francisco. This lead to the establishment of the banking businesses on the Pacific coast with American Express Company acting as eastern representative. Wells Fargo Security was always part of the action keeping the express company assets and banking business safe. William George Fargo severed as President of the American Express Company in 1868. He also was Mayor of the city where it all began, BuffaloNew York from 1862 – 1866. We can’t forget Henry Wells when talking about Wells Fargo Security. He and Mayor Fargo worked together to establish the express service to California and the West. Mr. Wells made his home in Aurora New York and founded Wells Seminary, now WellsCollege. Now I have a little Wells Fargo Security tale to tell. From 1852 forward, Wells Fargo Security, for all purposes, left BuffaloNew York and concentrated on the business out west. As we previously stated they let the American Express Company here for the Eastern Seaboard. That appears to be true, but guess what? Wells Fargo Security came back for a brief period from 1980 to 1998 and everyone missed the event. Wells Fargo Security purchased the William J Burns electronic security division in 1980 and that was the first time they had been home doing business since 1852. In May of 1998 TYCO purchased Wells Fargo Security and merged the company with ADT alarms. Once again Wells Fargo Security disappeared from their original home.B.J.Lyons lives in Buffalo NY Author of “Keep Your Money in a Safe Place” has more to show you. Check out his sites http://www.budricks.com/safe . In today’s world you do need internet security: Click Here .
