June 2013 - page 47

June 2013
| Business World Magazine | 47
Wagner Palace and Spoor joined the board
of the company that continued as Pullman.
In 1902, Morgan moved the home office
from St. Louis to Chicago. He and Spoor
continued to establish locally incorporated
laundries along the railroad lines from New
York to Los Angeles. By 1925, Morgan had
acquired a majority of the shares of each of
the companies and changed all their names
to include the Morgan name. All the com-
panies were later merged to form what is
now Morgan Services, Inc. After Kendrick’s
untimely death, his son Alden K. Morgan,
went on to run the business for a time, then
followed his son, John AldenMorgan, whose
leadership over a following period of decades
saw this enterprise transition into entirely
new areas of expertise. John Alden Morgan’s
Son-in-Law, Richard Senior, and Grandson
Alden Senior serve respectively as CEO/
Chairman and VP of Finance & Adminis-
tration of Morgan Services today. Though
company operations bear little resemblance
to the processes of old, it still functions as
a friendly family business by retaining well-
honed family values involving respect, fair
dealing and making good on the assurances
provided to customers as well as coworkers
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