Background
Ernst was born on July 26, 1881 in Cleveland, Ohio.
Ernst was born on July 26, 1881 in Cleveland, Ohio.
After finishing high school, Ernst took evening courses at a business college. In 1900, he went to work for The Audit Company in Cleveland. Ernst died at age sixty-six on May 13, 1948 at the Lakeside Hospital in Cleveland.
In October 1906, Theodore left the business.
Ernst expanded his business credentials by obtaining his Ohio Certified Public Accountant (Certified Public Accountants) certificate in 1910. Aggressive and ambitious, Ernst had already opened offices in Chicago by 1908 and in New York City by 1909.
By the time of his death on May 13, 1948, Ernst had grown the business to more than fifty offices in the United States and Canada. A part of the dispersal, Algasir was purchased by F. Ambrose Clark for United States$106,000.
Ernst owned and bred Thoroughbred racehorses, primarily those that ran in sprint races.
Throughout most of his time in racing, Ernst"s horses were trained by Jack Skirvin.