Royal charter for incorporating the Hudson’s Bay Company, granted on May 2, 1670, by England’s King Charles II. It gave this English fur-trading company wide proprietary rights to territory surrounding “Hudson’s Bay” and to all lands drained by rivers flowing into it. | CHRONOLOGY 1670 Hudson s Bay Co. chartered by British Crown 1825 Erie Canal completed 1784 Bank of New York founded 1836 Colt Firearms Co. founded 1790 . Patent Office created 1837 stock market crash or panic 1791 First Bank of the United States founded 1840 mechanical reaper produced by Cyrus McCormick 1792 Buttonwood Agreement signed forms early stock exchange in New York Lancaster Turnpike opened in Pennsylvania 1844 Samuel Morse successfully demonstrates the first telegraph 1793 cotton gin invented 1847 John Deere Co. founded 1800 Congress passes first . bankruptcy law 1848 Chicago Board of Trade founded gold discovered at Sutter s Mill California 1802 DuPont de Nemours Co. founded 1851 Singer Sewing Co. founded 1807 first steamboat the Clermont begins service in New York on Hudson River Western Union Telegraph Co. founded 1852 Wells Fargo organized 1817 Second Bank of the United States founded rechartered 1857 stock market crash or panic 1824 Gibbons v. Ogden Supreme Court decision 1858 first transatlantic cable laid 491 492 Chronology 1859 Great Atlantic Pacific Tea Co. founded 1888 George Eastman produces first Kodak camera 1864 Congress passes National Bank Act 1889 Wall Street Journal founded 1867 first ticker tape introduced first typewriter patented 1890 Congress passes Sherman Antitrust Act J. P Morgan Co. founded after death of Junius S. Morgan 1869 east-west railroad link completed at Promontory Utah John Wanamaker Co. opens 1892 strike at Homestead Steel plant of Carnegie Steel . Rubber Company founded 1872 Montgomery Ward opens first mail-order house 1893 J. P. Morgan assists Treasury in raising gold 1876 Alexander Graham Bell receives patent for telephone 1896 first Dow Jones Industrial Average appears IBM Corp. formed as the Tabulating Machine Co. 1878 Bell Telephone Company formed General Electric Company founded as Edison Electric 1900 National Negro Business League convenes for first time Weyerhaeuser Co. founded 1879 E W Woolworth .
