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Levi Strauss & Co. is a privately held American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German immigrant Levi Strauss came from Buttenheim, Bavaria, to San Francisco, California to open a west coast branch of his brothers' New York dry goods business. The company's corporate headquarters is located in the Levi's Plaza in San Francisco.
Levi Strauss started the business at the 90 Sacramento Street address in San Francisco and then moved the location to 62 Sacramento Street. In 1858, the company was listed as Strauss, Levi (David Stern & Lewis Strauss) importers clothing etc. 63 & 65 Sacramento St. in the San Francisco Directory with Strauss serving as its sales manager and his brother-in-law, David Stern, as its manager. Jacob Davis, a Latvian Jewish immigrant, was a Reno, Nevada tailor who frequently purchased bolts of cloth made from denim from Levi Strauss & Co.'s wholesale house.
After one of Davis' customers kept purchasing cloth to reinforce torn pants, he had an idea to use copper rivets to reinforce the points of strain, such as on the pocket corners and at the base of the button fly.. Davis did not have the required money to purchase a patent, so he wrote to Strauss suggesting that they go into business together. After Levi accepted Jacob's offer, on May 20, 1873, the two men received U.S. Patent 139,121 from the United States Patent and Trademark Office.
The patented rivet was later incorporated into the company's jean design and advertisements. Contrary to an advertising campaign suggesting that Levi Strauss sold his first jeans to gold miners during the California Gold Rush (which peaked in 1849), the manufacturing of denim overalls only began in the 1870s. The company created their first pair of Levis 501 Jeans in the 1890s. - Source Wikipedia
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The Kennedy Gold Mine is a gold mine in Jackson, California, one of the deepest mines on the Mother Lode. It closed in 1942 and together with nearby Argonaut Mine, is registered as California Historical Landmark No. 786. It has since been re-opened as a tourist attraction.
The mine is named for Andrew Kennedy, an Irish immigrant, who reportedly discovered a quartz outcropping in the late 1850s near what is now State Route 49. The Kennedy Mining Company was formed in 1860 when he and three partners began digging shafts near today's mine property entrance. The mine operated sporadically until it closed in 1878. In 1886 fifteen people invested $97,600 to reopen the mine under the corporate entity of the Kennedy Mining and Milling Company.
In 1898 the company began sinking a new shaft 1,950 feet (591 m) east of the original shafts. This East Shaft would eventually reach a vertical depth of 5,912 feet (1,792 m), the deepest vertical depth gold mine in North America at the time. In 1928 a surface fire burned all the structures except two. All other buildings and foundations were built after 1928. The company operated the mine until 1942 when the U.S. Government closed gold mines because of the war effort.
At the time of its closing, the mine had produced some $34.3 million (according to the California Department of Conservation) when gold was valued at $20.67 and $35.00 per ounce. The company paid its stockholders $5.8 million between 1886 and 1937. Over 95% of these dividends were paid at $20.67 per ounce. - Source Wikipedia