Exploring Indiana's Historic Sites, Markers & Museums South Central Edition |
Title of Marker:
Location:
1996 Indiana Historical Bureau and Friends of Culbertson Mansion .
Installed by:
1996 Indiana Historical Bureau and Friends of Culbertson Mansion .
Marker ID #:
22.1996.2
Marker Text:
French Second Empire Style structure. Construction
began 1867 for William Stewart Culbertson (1814-1892), leading industrialist,
financier, and philanthropist in New Albany area. Listed in National
Register of Historic Places, 1974; accepted as state-owned historic site, 1976;
part of Mansion Row Historic District, 1983.
Brief History
William Stewart Culbertson (1814-1892)
Son of William Culbertson and Julia Stuart, William
S. is the second of six children. His father dies when William is ten years
old, so William began working as a dry goods clerk to help his mother make ends
meet. At age twenty-one, he moved to Louisville , Kentucky and applied to a dry goods
merchant for work. The merchant encourages him to seek employment across the
river in New Albany , so William crossed the Ohio River and applied for work with
General Alexander S Burnett, who owned the largest dry goods store in New Albany .
Marriage and On His Own
In 1840, he married Eliza Vance of Corydon, with
whom he will have eight children. Later that year he formed a business
partnership with his brother John. They called their business Culbertson &
Brother and located it at Pearl & Main Street in New Albany . Together they grew the
business, which was a retail/wholesale dry goods establishment, and it became
successful.
The Civil War
During the war, Culbertson supported the Union
cause by organizing a home guard to defend New Albany and raised money for the Union . A series of successful
business deals spurred by the wartime economy made him a fortune. By the time
the war ended, Culbertson had expanded into the banking industry.
After the War
Culbertson became active in many business ventures
after the war, including transportation industry, glass and sheet metal. He
used his money and influence to fund several charitable local causes including
the Culbertson Widows' Home. In 1867, he built the mansion that served as his
home from 1867 until his death in 1892. At his death, he was the richest man in
Indiana , with a fortune of 3.5
million dollars. This is equivalent to about 61 million current dollars.
The 20,000 square foot mansion has 28 rooms. It
features hand-painted ceilings, a carved rosewood staircase, marble fireplaces,
and crystal chandeliers. The State of Indiana acquired the property in
1964 and declared it a State Historic Site in 1976. The State began renovations
in 1980. The home had become neglected and needed extensive work to restore it
to its original luster. It is now a State Historic Site, open for the public to
enjoy. Individuals or companies may rent the parlor for parties, receptions or
other events. The property is open to the public on Saturday and Sunday. During
the week, it is available only for private tours.
Phone: 812-944-9600
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