Assets Of Lewis Cass Payseur

The following is a list of only one third of the companies which are listed in public records as the assets of Lewis Cass Payseur (1850-1939) which have been assigned to the Lewis Cass Payseur Trust Company Inc.

All of the Companies listed here were each issued, upon formation, 50,000 preferred, or special “Class “A” Shares, those being the only such shares authorized and issued, which shares represented the true ownership of the corporation.

L. C. Payseur owned nine tenths of all of the preferred share issued of each of these companies, i.e. 45,000, and the rest of the world owns only 5,000 shares of the issued stock.

Common shares, or “non-voting shares” are the ones, where applicable, which are traded on the stock exchange and do not reflect the ownership as is commonly thought.

Note: Companies listed in the Fortune 500 Magazine of May 5, 1980 are noted by the name of the Company followed by “(#—)”,

This is not a complete list of the Payseur Assets, as this is only one third of his holdings. The estate was filed in three different locations, with different assets listed at each state and county site, that it was filed in.

Yet another attempt to cover up the ownership trail, but you can get an idea of the magnitude of his holding, with this 1/3 list.


Lancaster & Chester Railway Company

Cheraw & Chester Railroad Company
Leased for 99 years to the Charlotte, Columbia and Augusta Railroad Company, executed October 3, 1882. and recorded in the Court of Probate and the County Recorders office of Chester County. South Carolina.

Seaboard Air Line Railway Company, South Carolina Division:
Along with the liens of the “iron rails and cross-ties” of lines under 99 year leases, which have been merged into the Seaboard Air Line Railway Company: some known as: Catawba Valley Railway Company: Chester County, South Carolina

The Chattanooga. Augusta and Charleston Air Line Railway Co., recorded in Chester County, South Carolina.

The Memphis / Charleston Railroad Company: The Seaboard Air Lines System of Railroads Company, as recorded in the office of the Probate Judge in and for the County of Dorchester, South Carolina, in Book “S 23” at Page 7, Dated December 9. 1899.

The Port Royal Railroad Company, as recorded with the office of the Probate Judge of Barnwell County, South Carolina.

The Chester and Lenoir Narrow Gauge Railroad Company, as recorded in the County of Chester, South Carolina, formerly known as the Wilmington. Charlotte and Rutherfordton Railway Company, as formed in the City of Lincolnton, North Carolina, by the Payseur family.

Buffalo, Union and Carlisle Railway:- Union. South Carolina

C. and W.C. Railway: Anderson. South Carolina

Atlantic Coast Line Railway Company:- Richland. South Carolina

G. & F. Railway Company: Greenwood, South Carolina

C. N. & L. Railway Company: Newberry, South Carolina

H. and B. Railway Company:- Colleton, South Carolina

C. and L. Railway Company:- Chesterfield, South Carolina

C. M. and C. Railway Company:- Chesterfield, South Carolina

Northwestern South Carolina Railway Company:- Spartanburg, South Carolina

Atlanta and Charlotte Railway Company:- Spartanburg, South Carolina

Ashville and Spartanburg Railway Company:- Spartanburg, South Carolina

Spartanburg, Union and Columbia Railway Company:- Spartanburg. S. C.

Columbia and Greenville Railway Company:- Greenville. South Carolina

Southern Railway Company, South Carolina Division:- Columbia, South Carolina

South Side Railroad Co.:- Connecting Atlanta. Georgia with Washington, D. C.

Selma, Rome and Dalton Railroad Company and Alabama Mineral Land Company of New York parent to the famed Standard Oil now Exxon Oil (check out the origins of the FBI and CIA)

Ashley Branch and Coal Line Railway Company

Georgia. Carolina and Northern Railroad: and its 99 year lease to Seaboard Air Line Railway Company

King’s Mountain Gold Mine and Railroad Company: Companies listed in Real Property Book 1734 Page 62 et. seq.. Court of Probate, in Alabama

Louisville and Nashville Railroad

Nashville and Decatur Railroad

The Great Southern Railroad Line

Charleston, Cincinnati and Chicago Railroad Company (check out the origins of the Federal Reserve)

Mobile and Montgomery Railroad

Georgia Pacific and T. A., Louisville Ky.

Pennsylvania Railroad: See Chart on Penn Central Company, 6.5 Billion Dollar Empire

Mexican Railway:- Mexico City, Mexico

Mexican Central Railway:- Guadalajara, Mexico

Missouri Pacific Railroad

Mobile and Ohio Railroad

New York Central Railroad

Southern Pacific Railroad

South and North Alabama Railroad

Narrow Gauge, Camden, Lancaster, Charlotte, all in North Carolina

Georgia Pacific Railroad Company (#56)

Pullman Company (builders of Pullman cars for the Railways)


Bank of Lancaster:- Lancaster County. South Carolina

First Bank and Trust Company:-Of Lancaster, South Carolina

The Lancaster Building and Loan Association

The Bank of Charleston

The Bank of Kershaw

Kershaw Mercantile and Banking Company

National Loan and Exchange Bank of Columbia

First National Bank of Camden

National Exchange Bank of Chester

Morgan Guaranty Trust Company of New York

New York Trust Company

The Bank of Richmond

National Loan and Exchange Bank of Camden

Raleigh Savings Bank

American Trust and Savings Bank – Birmingham, Al.

Birmingham Trust and Savings Bank – Birmingham, A l.

Chase National Bank

Riggs National Bank

Hanover National Bank – New York

Brandvwine Bank – Maryland

Hamilton National Bank

South Carolina National Bank

Jefferson Savings and Loan Association

Bank of South Carolina

Bank of New York

Bank of Macon, Georgia

Pennsvlvania National Bank

Sandoz Bank

Painsville. Ohio Bank


Lancaster Cotton Mills:-Now known as Springs Mills Inc. of Lancaster, S. C (#319)

The Eureka Cotton Mills

The Springstein Cotton Mills

Dan River Cotton Mills:-Danville, VA

Lorav Cotton Mills

Belton Cotton Mills

The Lancaster Cotton Oil Company

The N. K. Fairbank Company (Cotton Oil). Chicago. III.


Singer Manufacturing Company:-New York

The New Home Sewing Machine Company:-30 Union Sq., New York Household Sewing Machine Company:-Providence, Rhode Island

Hartford Sewing Machine Company:-Connecticut

Renington Sewing Machine Company

Domestic Sewing Machine Company

Clark’s O.N.T. Cotton Thread Company

Corticelli Silk Thread Company

Pharr and Long Clothiers 42 S. Tryon St., Charlotte, N.C.

J.P. Coats Thread Company

Willimantic Thread Company and/or Willimantic Linen Company

Chicago-Kenosha Hosiery Company:-Kenosha, Wisconsin

E.C.Stahn and Company:-Chester, S. C. (Watches, Jewelry and sewing machines)


Southern Power Company

Duke Power Company

Lancaster Light and Power Company

Potomac Electric Company

General Electric Company


Reed Gold Mine

Gastonia Gold Mine

Gold Hill Mining Company

King’s Mountain Gold Mine (and Railway Company as above)

Clyta Oro Mining Company-Supplied all the gold for the Federal Reserve

Union Silver Company

Lotowana Silver Mining Company


Lincoln Iron Company (formerly Lincolnton Tin Mine and Smelter, now Carnegie Steel)

Woodward Iron Company

Ingall’s Steel Company

The Ingalls Iron Works Company of Birmingham. Alabama

Carnegie Steel Company

Aluminum Company of American (ALCOA) (#63)


American Motors Company (#109)

General Motors Corporation (# 2)

Cadillac Motor Car Company

Carolina Cadillac Company Studebaker Carriages and Wagons Company


Home Insurance Company 119 Broadway. New York (From Orrville and Selma, Alabama, allegedly the parent to all insurance companies )

Mutual Life Insurance Company of New York

Old American Insurance Company:- Kansas City

William’s and Gregory Insurance Company:- Lancaster. S. C.


R. J. Reynolds Tobacco Company

George W. Helme and Company (Helme’s Railroad Mill Snuff) Helmetta, N.J.

American Tobacco Company

Regalia De La Francis Cigar Company


Elgin National Watch Company

National “Elgin” Watch Company

Illinois “Springfield” Watch Company

American “Waltham” Watch Company

The Centennial (1776-1876) Watch Company

Waterbury Watch Company


Alabama Mineral Land Company of New York

Woodgin Plantation:-Leased to Frisco Railroad

Bondurant Plantation:-Leased to St. Louis-San Francisco Railroad

T. M. Hughes Real Estate Agency:-Lancaster, S. C.


Gail Borden, Eagle Brand Milk Company (#73 Borden)

The Genessee Pure Food Company (#50 General Foods)

Heinzs Pickle Company (#139 Heinz 57)

The American Cereal Company (#176 Quaker Oats)

United Fruit Trading Company:- Linked to Grace Shipping Lines

Armour and Company:-(Formerly Armour Meat Packing Company)

The Lancaster Hardware Company

Mimaugh’s Department Store

Bibb’s Stove and Range Company

Swift and Company

The Woolson Spice Company

Cleveland’s Baking Powder Company

White Mountain Ice Cream Freezer Company

Arbuckle Brothers Coffee Company

King’s Buckwheat Flour Company

Lustro Cleaners Company

Lincolnton Drug Company: Became Rexall Drugs

Fleming Brothers Cologne

New Mown Hay Sachet Colgate and Company. Perfumers of New York

Boll Brothers Manufacturing Company Harrisburg, Pa. (metal beds and bedding)

Tarrant’s Aperient Seltzer Company

Celluloid Eye Glasses Company (Patent #03-13-1877) S.O.M. Company

Steele and Price Manufacturing Company (Yeast, flavoring extracts etc., Chicago, III.)

Brown’s Iron Bitters Company

Richmond Heater Company (wood burning heaters)

Charles W.S. Banks Furniture Company Baltimore, Md

Peloubet and Company, Bloomfield. NJ – Mfr. Standard Brand Organs

Ehret Magnesia Mfg Company (became Ehret Baldwin Hall, then Keene Corporation, who declared bankruptcy in 1993, due to asbestos lawsuits)

Boston Rubber Shoe Company

Sears, Roebuck and Co.


Colt Firearms Company

Standard Oil Company

Exxon Corporation

B. F. Goodrich Company

Sherwin-Williams Paint Company

The Fort Mill Manufacturing Company

Catawba Fertilizer Company

Lancaster Manufacturing Company

Western Union Telegraph Company

Ashley Phosphate Fertilizer Company

Steamship (British) Manhattan

Lancaster Merchantile Company

Pearl Powder Company

H.S. Robinson and Company

Walter A. Wood Company of New York

Knapp and Company of New York

Scott and Bowne Manufacturing Company of New York

Reinthanl and Newman of New York

J. Lichtenstein and Son of New York

Bimbel Brothers Stores New York and Philadelphia

Rochester Photo Press of Rochester, New York

Newmond and Company Buffalo, New York

I. C. Hood and Company

E.W. Hoyte and Company

Dr. J. C. Bayer and Company-Bayer Aspirin Co.

Hill and Greene

Ed V. Price and Company

W. B. Clapp, Young and Company

Hurst, Purnell and Company

National Twist Drill and Tool Co.

Millhiser’s Manufacturing Company

Joseph Emmanuel and Company

Silverine Company-Onieda Silver Co.

J. P. Stevens and Brothers (paper mill)

The Hamilton Company of Canada

Cabbet and Company of Spain

In order to keep the true ownership hidden from the government and the public all of these companies and hundreds more were tucked away in parent corporations and companies, almost all of the railroads across the united states were merged into the new “Southern Railway”, merger of 1906 that J. P. Morgan helped orchestrate for Payseur.

The Southern Railway, which contained almost all of the railway companies, was hidden in one little insignificant short railway line that was called the “Lancaster and Chester Railway Company”. The family joke is that they own a little railroad company by the name of the L&C Railway Company and it has a spur line called Southern Railway, which is ostensively all the railroads. They also own one other important little railroad, “The Cheraw and Chester Railroad Company”.

The Lancaster and Chester Railway, was owned by a cotton mill by the name of the “Lancaster Cotton Mill”, which was owned by L.C. Payseur, the name of Lancaster Cotton Mill was changed in the 1930’s to Springs Mills Inc. but the ownership was still by L.C. Payseurs’. It is very important that you remember this one little paragraph.

L.C. Payseur also owned “The Bank of Lancaster”, which in recent years has gone on a name changing tangent the last known names were the (NCNB) North Carolina National Bank then it merged with itself and became known as NationsBank. For a short digression, research discovered that in the 1980’s George Bush became the chairman of the executive committee of First International Bank of Houston. He also became a director of First International Bank shares. Inc. (“InterFirst”).

InterFirst became the largest bank in Texas and was reportedly running speculation all over South America, China and Europe. Later InterFirst merged with Republic Bank in 1987 to form First Republic Bank, eventually as it appeared all banks in Texas got into a non-sovereign situation if you can believe that.

The Federal Deposit Insurance Corporation, with the connivance of the IRS, awarded the assets of First Republic Bank to the North Carolina National Bank in exchange for no payment whatsoever on the part of NCNB. Why should they have to pay themselves? NationsBank, which is reputedly a darling of the intelligence community, which is not quite right but makes some sense, being as the banks and CIA are owned by the railroad.

Payseur also owned “Southern Power Company” which is today known as “Southern Company” and owns the control of all power companies in the united states by law that states that only railroads can manufacture electricity. That is why everyone that comes up with a better and cheaper form of energy and would become a threat to the power company is put out of business. Because the railroad has a monopoly at least until the 99 year leases are up.

Payseur owned “The Lancaster Manufacturing Company”, which controlled the production of all wood products, such as railroad ties, railroad cars, service poles, furniture, paper, etc.. This is where the railroad land grants come in with such names as Boise Cascade, Weyerhaeuser, Crown Zellierback. Mead, Regency companies using the railroad land leased to them “only” from Payseur to produce trees for wood products.

These companies do not own the land, they operate under leases, they do not have the right to sell railroad or timber land that they use.

LC Payseur also owned a company by the name of “The Lancaster Cotton Oil”, this company started the manufacture of fertilizer and other related items.

Leroy Springs was appointed President of all of LC Payseur’s companies to oversee them, he was also LC Payseur’s attorney and a trustee for his affairs. He was trusted with all kinds of important documents, affidavits and secrets, as to who the true owners were of these companies.

Remember that it was stated earlier that the northerner’s couldn’t get the southern people to work for them, so Northerners would appoint the old ex-confederate officers to run the companies owned by Yankees after the Civil War and all the confiscation’s. That is how Leroy Springs got involved with the Lancaster Cotton Mill, and the other companies. He was a manager not an owner.

For further information on some of the companies, see below :-

Click on an area which interests you, to see more (each link will open a new tab) :-



Federal Reserve

Southern Power

Main Reference :-

Check out more about Payseur Family History (this link will open a new tab) :-

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8 Responses to Assets Of Lewis Cass Payseur

  1. Anthony Codispoti says:

    “What does it profit a man to gain the whole world and loose his soul “

  2. W. Knudsen says:

    I thought these were publicly traded companies?

  3. UraniumSmith says:

    Genealogy of Mary Alice Beatty Carmichael
    Writer: Carmichael, Mary Alice Beatty, 1936-

    https:/ /
    Some Reminiscences of the Great Confederate War (By L. C. Payseur, 1915), provided by Iola M. (Payseur) (1) Gatling (2) Fulghum’s grandson

  4. UraniumSmith says:

    https:/ /
    L. C. Payseur had five daughters, two died young.

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