Ogden Standard-Examiner | 1923-01-28 | Page 19 | Wyoming Store Began Success

I PENNEY MOST RETIRING I BEA A AI AH MILLIONAIRE I H j aT iv PAlliNG j rL 1 STAr STAr-D s A WORK To IN INA q bl Jt I dOT tf J I T r nr i rv Rf IN at WYO T 11 5 Sketch of J JAnICS JAnIC'S ames C lenn Ienn c ey cy y and Steps In His flis Success IT Uy NIA XIA Ser Sers Service Ice MIAMI Fla na Jan J n A 7 27 A i business failure who echo rose to the tho of a system S tem of chain stores Mores doing more than business a year yeal In 29 states Is 1st Americas America's most retirIng retirIng retiring ing millionaire Ho lie is James Jame C penne 47 ot o White Plains NY N Y whose lininG namo still bo be unknown to thee the gen gen- general gen erLI eral I public If 1 his broker hadn't an- an an announced LII- LII the Issuance of a n lire life insurance policy malting making his total Only three other person In this country cam carn earn a greater Insurance Insurance ance They are Adolph who heads the list with aith Ith 6 i 5 Rod nod Rod man nina man Wanamaker and Pierre du Cu Pont Font St 01 HIS illS How has baa this wealthy man succeed succeeded ed ad in keeping out of the tho public e eO By Hy minding hl his bis own business It is tho the secret of lets his success s II lie learned it as a youngster Whoa When hon he was nine ho he first t felt the I urge of or making money But Dut In Hamilton Mo wasn't much doing 1 where he ho was born and ther tIter I moths tim Ump after alter school Young l ney I ney DC found a way WilY over howe ll-I ll ire ITe started raising hORS hogs He lIe let no one help hep him During his bis free bouts bout's I he went ent out collecting slops for tor his pigs The flee business grew so large that he finally had to gh give gise 0 it up His Ills next net venture re was sias as planting na wa watermelons a- a After he finished school he lie got his first Job In the largest general store In to town ton n His pay was seas as 2 27 a month Use t nest icar car ho ha was raised to 1666 16 66 but his health tailed failed him and lee he h hal haJ haJto halto to go to Denver Denser UM U BY DY r lI HI There Ther he went neat Into tho the butcher and business and failed tailed he ho got a Job In a dry good gool store When he saved e l ho I a 1 part Interest In a branch store stor In ha Kemmerer V Wo 0 It It was as the tir begin begin- beginning beginning beginning InI I ning of the J C Penney renney chain Stoic e 8 My wife wit and I says tho the million million- millionaire sire aire honeymooned cheerfully among tho packing cas cases os I was the bOd she was the thee clerk cleric Success in in business bu Is obtained only I through sacrifice In making sacrifices ices for future success a s wife must be the tho real partner of her Jeer husband Mrs heirs Penney was was- wasAnd And so 80 they succeeded 1