Charles Frederick Pfister was born as Charles Frederick Weisert in Milwaukee on June 17, 1859; in 1870, he was adopted by
Guido Pfister, an emigre from
Württemberg, Germany. Guido's cousin and fellow emigre
Frederick Vogel founded a tannery on Milwaukee's
Menominee River while Pfister opened a shoe store on nearby West Water Street. Combining forces as the
Pfister & Vogel Leather Company, their company thrived, becoming one of the largest leather producers in the country. Charles Pfister was educated at the city's
Engelmann Academy (later the
German-English Academy, which Pfister paid to rebuild and dedicated to his father in 1891). After his 1876 graduation he went to work in his father's business offices. In 1878 he became the sales manager of the company's retail shoe store. Four years later he proved to Vogel he could open eastern markets, selling railcar loads of leather to shoemakers in cities like
New York,
Boston and
Philadelphia. Relying on just eight "jobbers" to fill the orders, company stock tripled. Later Pfister became the company's treasurer and then its president. Guido Pfister used the new capital to expand into other Milwaukee businesses and interests. Before his death in 1889, he consolidated banks to form the Merchants Exchange bank. Son Charles succeeded his father as bank director and invested in many local enterprises, including the city's first electric rail line, owned by local Democratic boss John Hinsey. He oversaw the bank's merger with the First National bank in 1893, and with the First Wisconsin National bank in 1919. Pfister also directed and invested in other banks, as well as railroads, toll roads, insurance companies, trust companies, heavy industries (such as
Allis-Chalmers Manufacturing), land companies, plus lumber and mining interests, in and out of Wisconsin. ==The Pfister Hotel==