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Plankinton helped found and organize several companies, including the Milwaukee-based [[Johnson_Controls#History|Johnson Electric Company]].<ref name=WSJ4_11_1985>{{cite news |last=Martin|first=Chuck |title=Johnson Controls a model for future |url= https://www.newspapers.com/clip/58154095/ |newspaper= Wisconsin State Journal |location=Madison, Wisconsin|date= April 11, 1985 |via= [[Newspapers.com]] {{open access}} }}</ref> He founded and was part owner of the Western Portland Cement company in [[Yankton, South Dakota]].{{sfn|Wilson|Fiske|Dick|1915|p=997}} Plankinton held several public offices and was a director of the Milwaukee museum, the city public library, and the Milwaukee industrial exposition.{{sfn|Wilson|Fiske|Dick|1915|p=997}} He was also associated with Layton art gallery and the local Chamber of Commerce.<ref name=WisSociety>{{cite web |url=http://www.wisconsinhistory.org/Content.aspx?dsNav=Ny:True,Ro:0,N:4294963828-4294963805&dsNavOnly=N:1220&dsRecordDetails=R:CS4410&dsDimensionSearch=D:%22William+Plankinton%22+,Dxm:All,Dxp:3&dsCompoundDimensionSearch=D:%22William+Plankinton%22+,Dxm:All,Dxp:3 |title=Brief biography of John Plankinton, a meat packer and businessman|last= |first= |date= |website=Historical Essay of Plankinton, John (1820–1891) |publisher= Wisconsin Historical Society|access-date=January 29, 2017 |quote=}}</ref> Plankinton was one of the financial backers of the [[Postal Telegraph Company]] that involved telegraph lines in Wisconsin and Michigan.<ref name=TON12_17_1895>{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Postal Telegraph Co. |url= https://www.newspapers.com/clip/58152064/ |newspaper= The Oshkosh Northwestern |page=2|location=Oshkosh, Wisconsin|date= December 17, 1895 |via= [[Newspapers.com]] {{open access}} }}</ref>
Plankinton became vice-president of the Plankinton Bank in 1891 upon [[John Plankinton|his father]]'s death.<ref name=BankFailure>{{cite news |author=<!--Staff writer(s); no by-line.--> |title=CLOSED ITS DOORS |url= https://www.newspapers.com/clip/8672098// |newspaper= Wichita Beacon|location=Wichita, Kansas|date= June 1, 1893 |via= [[Newspapers.com]] {{open access}} }}</ref> He was involved with settling the affairs when the bank failed in 1893.<ref name=succumbed>{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Finally Succumbed |url=https://www.newspapers.com/clip/8672168// |newspaper=Sedalia Weekly Bazoo |location=Sedali,Missouri |date= June 6, 1893 |via=[[Newspapers.com]] {{open access}} }}</ref><ref name=indicted>{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Many Indicted |url=https://www.newspapers.com/clip/8672382// |newspaper=Logansport Reporter |location=Logansport, Indiana |date= July 13, 1893 |via=[[Newspapers.com]] {{open access}} }}</ref><ref name=BankUnder>{{cite news |author=<!--Staff writer(s); no by-line.--> |title= Bank Failure / The Plankinton Bank at Milwaukee Suspends |url= https://www.newspapers.com/clip/8672608// |newspaper=Parsons Daily Sun |location= Parsons, Kansas |date= June 2, 1893 |via=[[Newspapers.com]] {{open access}} }}</ref> Loans made to Frank A. Lappen and his companies totaling almost $300,000 precipitated the crisis.<ref name=BigBankFails>{{cite news |author=<!--Staff writer(s); no by-line.--> |title= The Big Bank Closed / The Plankinton Institution Fails at Milwaukee |url=https://www.newspapers.com/clip/8673098// |newspaper= Scranton Republican |location= Scranton, Pennsylvania|date= June 2, 1893 |via=[[Newspapers.com]] {{open access}} }}</ref><ref name=TAC6_10_1893>{{cite news |author=<!--Staff writer(s); no by-line.--> |title= A Broken Bank|url= https://www.newspapers.com/clip/58185845/|newspaper= The Appleton Crescent |location= Appleton, Wisconsin|date= June 10, 1893 |via=[[Newspapers.com]] {{open access}} }}</ref> The bank crisis involved a scandal of fraud and embezzlement of which he was implicated and sued.<ref name=MRMICR7_22_1893>{{cite news |author=<!--Staff writer(s); no by-line.--> |title= A Judge at the bar |url= https://www.newspapers.com/clip/58127165/ |newspaper= Montreal River Miner and Iron County Republican |location= Hurley, Wisconsin|date= July 22, 1893 |via=[[Newspapers.com]] {{open access}} }}</ref><ref name=PDD9_26_1894>{{cite news |author=<!--Staff writer(s); no by-line.--> |title= To arrest F.T. Day |url= https://www.newspapers.com/clip/58128570/ |newspaper= Portage Daily Democrat |location= Portage, Wisconsin|date= September 26, 1894 |via=[[Newspapers.com]] {{open access}} }}</ref><ref name=TON8_9_1899>{{cite news |author=<!--Staff writer(s); no by-line.--> |title= Plankinton sued |url= https://www.newspapers.com/clip/58130713/ |newspaper= The Oshkosh Northwestern |location= Oshkosh, Wisconsin|date= August 9, 1899 |via=[[Newspapers.com]] {{open access}} }}</ref>
== Personal ==
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