2023-08 Raynors HCA Live
This lot is closed for bidding. Bidding ended on 8/26/2023
Eli Lilly (1838-1898) was an American soldier, pharmacist, chemist, and businessman who founded the Eli Lilly and Company pharmaceutical corporation. Lilly enlisted in the Union Army during the American Civil War and recruited a company of men to serve with him in the 18th Independent Battery Indiana Light Artillery. He was later promoted to major and then colonel, and was given command of the 9th Regiment Indiana Cavalry. Lilly was captured in September 1864 and held as a prisoner of war until January 1865. On May 10, 1876, Lilly opened his own laboratory in a rented two-story building (now demolished) at 15 West Pearl Street and began to manufacture drugs. The sign for the business said "Eli Lilly, Chemist". Lilly's manufacturing venture began with $1,400 ($34,024 in 2020 chained dollars) in working capital and three employees. Now worth $440 BILLION.Check endorsed by "Eli Lilly" February 8, 1885, for $23.99.
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