Background
He was born in Woodstock, Howard County, Maryland.
He was born in Woodstock, Howard County, Maryland.
William Gorman was the younger brother of Arthur Pue Gorman. He was raised at a farmstead called "Good Fellowship" dating back to the original land grant by Cecilius Calvert, 2nd Baron Baltimore, as well as a family home in Laurel, Maryland. He went to school at Boromeo College in Pikesville, Maryland.
In 1871, he founded the Maryland and City Hotels in Annapolis, Maryland.
In 1874, he co-founded the Annapolis Savings Institution, the Annapolis Water Company, and the Annapolis Gas and Electric Light Company. In 1884, Gorman moved to Baltimore, Maryland and started investing in coal companies.
He was the president of The Piedmont Mining Company formed in 1898, and the Gorman Coal and Coke Company. Gorman was also on the board of directors of the Peidmont and Cumberland Railway.
In 1890, Gorman co-founded of the Citizens Bank of Maryland with Barnes Compton and was named the Director.
Gorman and his father were the proprietors of several quarries in Laurel that supplied granite for the United States. Treasury Building and the United States Capitol, and bridges for the B&O Railroad. William Gorman died July 7, 1915 from a stroke paralysis at Ford Springs, Pennsylvania.