Jeremiah Milbank.

About Jeremiah Milbank

Jeremiah Milbank American businessman, was a successful dry goods commission merchant, speculator in Texas territorial bonds, manufacturer, and railroad investor. His most successful business efforts were the New York Condensed Milk Company which he co-founded with inventor Gail Borden and the Chicago, Milwaukee and St. Paul Railway (1876) where he was a member of the executive committee of the Board of Directors. Milbank was a founder and president of the board of trustees of the Madison Avenue Baptist Church at 31st. Street, New York City, and trustee of the Baptist's Rochester Theological Seminary. The city of Milbank, South Dakota, which is the seat of Grant County, was founded in 1880 and named in his honor. Among other interests, Milbank was in 1870 an original subscriber of the Metropolitan Museum of Art and owned a box at the Metropolitan Opera.