Robert Sobel The Entrepreneurs: Explorations Within the American Business Tradition
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In 1906, the American Tobacco Company was found guilty of antitrust violations, and was ordered to be split into three separate companies: American Tobacco Company, Liggett and Myers, and the P. Lorillard Company.
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Lake James, a power-generating reservoir in Western North Carolina, was created by the company in 1928 and named in Duke's honor.
James Buchanan Duke (1856–1925), U.S. tobacco and electric power magnate
Due to this venture and running out of capital, he lost nearly all of his estate to his creditor, American tobacco king J.B. "Buck" Duke.
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Benjamin's brother James Buchanan Duke (1856–1925) also built a townhouse on Fifth Avenue, the James B. Duke House, which was designated a New York City Landmark in 1970, and added to the National Register of Historic Places in 1977.