| Year |
Historical Events |
Davenport & Company Events |
 |
1861 |
Abraham Lincoln begins term as 16th president of the U.S.
April 12 — U.S. Civil War begins
April 17 — Virginia secedes from Union
Richmond (VA) named Capital of the Confederacy |
Isaac Davenport, Jr. and Charles E. Wortham form Davenport & Company, an insurance agency, and moved to Richmond's East Main Street |
 |
1863 |
Mid-point of U.S. Civil War |
Davenport & Company extends its business lines and specializes in "southern" investments: railroads, banks, and insurance companies |
 |
1865 |
Richmond set ablaze ahead of Grant's advancing armies and evacuated
End of U.S. Civil War |
900 buildings in Richmond's business district are lost, including the headquarters of Davenport & Company |
 |
1867 |
Nebraska becomes the 37th U.S. State
Maggie Walker of Richmond, Virginia was born. She became the first African American woman to charter a bank in the United States |
The firm moves to 1113 East Main Street, one of the first to be built during Richmond's reconstruction efforts |
 |
1896 |
The first modern Olympic Games opens in Athens, Greece |
Deaths of Isaac Davenport and Charles Wortham
Virginius Newton, son-in-law of Davenport, becomes head of the firm
Coleman Wortham, Sr., great-nephew of the original Charles Wortham, joins the firm as partner |
 |
1920 |
Prohibition of alcohol begins in U.S. |
Alexander P. Armour joins the firm at the age of 14 as a "Board boy" |
 |
1921 |
Discovery of Vitamin D and its prevention of Rickets |
Coleman Wortham, Sr., becomes president, buys seat on the New York Stock Exchange |
 |
1924 |
Teapot Dome Scandal
Walt Disney creates "Alice in Wonderland," his first cartoon |
Firm sells insurance business to Marsh & McLennan |
 |
1929 |
U.S. Stock Market crashes
Martin Luther King was born |
|
 |
1950 |
Korean War begins
Charles Schultz introduces Peanuts comic strip |
Henry Valentine II joins the firm and rises to become its chairman |
 |
1955 |
Rosa Parks refusal to relinquish her seat on a Greyhound bus ignited the Civil Rights movement
|
|
 |
1963 |
Martin Luther King makes "I have a dream" speech
|
|
 |
1967 |
Congress creates PBS |
Firm relocates to Ross Building at 8th and Main, most modern and desirable location in Richmond |
 |
1968 |
Martin Luther King was assassinated
|
|
 |
1969 |
Neil Armstrong takes first steps on the Moon |
Coleman Wortham III joins the firm, rising to become part of the firm's senior leadership, representing the fourth generation of his family |
 |
1972 |
The first ever mobile phone call is placed by Martin Cooper, in New York City |
The firm incorporates and names Alexander P. Armour its first president |
 |
1975 |
Saturday Night Live premieres on NBC, with George Carlin as first host |
Branch and Co. joins with Davenport & Company |
 |
1980s |
Period of expansion for Davenport; first office outside of Richmond opens in Virginia Beach, VA |
|
 |
1987 |
Worldwide stock market crisis |
|
 |
1992 |
World Wide Web introduced |
Davenport & Company moves to One James Center |
 |
2001 |
Terrorists attack World Trade Center |
Davenport joins world-wide community in sympathy, making donation to the United Way of New York in honor of those who lost their love ones in this tragic event |
 |
2006 |
Virgin Galactic announces new spacecraft, designed specifically for space tourism. |
The firm reaches record levels of gross revenue and assets under management |