Freemason - Brother James Cash Penney
In 1902, Brother James Cash Penney opened his first department store in Kemmerer, Wyoming. When the business went public in 1927, Penney gave all his store managers shares, and later included all his employees in corporate profit-sharing.
At the time of his death in 1971, J.C. Penney’s counted more than 1600 stores in the chain. Bro. Penney was also known as a major philanthropist, supporting and founding several charitable endeavors in his life. He was a member of Wasatch Lodge No. 1, Salt Lake City, Utah.