Overview
Cadwallader Colden Washburn (April 22, 1818May 14, 1882) was an American businessman, politician, and soldier who founded a mill that later became General Mills. A member of the Washburn family of Maine, he was a U.S. Congressman and governor of Wisconsin, and served as a general in the Union Army during the American Civil War.
Education and early career
Washburn was born in Livermore (in modern-day Maine, then a part of Massachusetts), the son of Martha (née Benjamin) and Israel Washburn, Sr. He was one of seven brothers, who included Israel Washburn, Jr., Elihu B. Washburne, William D. Washburn, and Charles Ames Washburn. Washburn attended school in Wiscasset, Maine, and later taught there in 1838–1839. In 1839 he moved to Davenport, Iowa Territory, where he taught school, worked in a store, and worked as a surveyor. Inspired by his brother Elihu who set up a legal practice in nearby Galena, Illinois, he studied law. In 1842 he was admitted to the Wisconsin bar and moved to Mineral Point, Iowa County, Wisconsin Territory, where he began a legal practice.
Business
Land speculation and banking
In 1844, Washburn formed a partnership with land agent Cyrus Woodman. Together the two men developed a number of companies, such as the Wisconsin Mining Company. The most successful business venture undertaken by the men was land acquisition. In May 1855 they established Washburn's and Woodman's Mineral Point Bank. Washburn and Woodman dissolved their partnership amicably in 1855.
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