National Bank Of Commerce In New York
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National Bank Of Commerce In New York
The National Bank of Commerce in New York was a national bank headquartered in New York City that merged into the Guaranty Trust Company of New York (which later became the Morgan Guaranty Trust Company, predecessor to J.P. Morgan & Co.). History On January 1, 1839, the articles of association established the Bank of Commerce. Before it opened to receive deposits on April 3, 1839 in the basement of the Merchants' Exchange, it had already subscribed $500,000 of its capital to a New York State loan for widening and deepening the Erie Canal. The original authorized capital of the bank was $5,000,000, of which $1,505,000 was taken up by the founders with the remainder publicly offered. The first president of the bank was Samuel Ward of Prime, Ward & King. The first annual meeting was in May 1839 and was held by 565 stockholders. The original director of the bank were: James Brown, Isaac Carow, James Donaldson, Archibald Gracie, James Kent, Robert B. Minturn, Russell H. Nevins, Pe ...
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Guaranty Trust Company Of New York
J.P. Morgan & Co. is a commercial and investment banking institution founded by J. P. Morgan in 1871. Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase, one of the largest banking institutions in the world. The company is sometimes referred to as the "''House of Morgan'' or simply "''Morgan''. Early history The origins of the firm date back to 1854 when Junius S. Morgan joined George Peabody & Co. (which became Peabody, Morgan & Co.), a London-based banking business headed by George Peabody. Junius took control of the firm, changing its name to J.S. Morgan & Co. in 1864 on Peabody's retirement. Junius's son, J. Pierpont Morgan, first apprenticed at Duncan, Sherman, and Company in New York City, then founded his own firm with a cousin, J. Pierpont Morgan & Company, in 1864. J. Pierpont Morgan & Company traded in government bonds and foreign exchange. It also acted as an agent for Peabody's. Junius, however, considered some of P ...
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Russell H
Russell may refer to: People * Russell (given name) * Russell (surname) * Lady Russell (other) * Lord Russell (other) Places Australia *Russell, Australian Capital Territory *Russell Island, Queensland (other) **Russell Island (Moreton Bay) **Russell Island (Frankland Islands) *Russell Falls, Tasmania *A former name of Westerway, Tasmania Canada *Russell, Ontario, a township in Ontario *Russell, Ontario (community), a town in the township mentioned above. *Russell, Manitoba *Russell Island (Nunavut) New Zealand *Russell, New Zealand, formerly Kororareka *Okiato or Old Russell, the first capital of New Zealand Solomon Islands *Russell Islands United States *Russell, Arkansas *Russell City, California, formerly Russell *Russell, Colorado *Russell, Georgia *Russell, Illinois *Russell, Iowa *Russell, Kansas *Russell, Kentucky, in Greenup County *Russell, Louisville, Kentucky *Russell, Massachusetts, a New England town **Russell (CDP), Massachusetts, ...
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Richard A
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick", "Dickon", " Dickie", "Rich", "Rick", "Rico", "Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (other) * Ri ...
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Mutual Life Insurance Company Of New York
The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway, before becoming a wholly owned subsidiaries of AXA Financial, Inc. in 2004. History In 1841 Alfred Shipley Pell, who had worked for the Mutual Safety Insurance Company, and businessman Morris Robinson, decided to form a life insurance company with Robinson as president. They received a charter from the state of New York for The Mutual Life Insurance Company of New York on April 12, 1842, and opened the doors for business less than a year later on February 1, 1843. The company was formed at the beginning what became an eight-year period that saw the founding of several other major insurance companies like New York Life (1845), Massachusetts Mutual (1851), and Aetna (1853). From its inception, the Mutual Life was a mutual company that was owned by its polic ...
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National Union Bank Of New York
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator gui ...
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Gazaway Bugg Lamar
Gazaway Bugg Lamar (1798–1874) was an American enslaver and merchant in cotton and shipping in Savannah, Georgia, and a steamboat pioneer. He was the first to use a prefabricated iron steamboat on local rivers, which was a commercial success. In 1846 he moved to New York City for business, where in 1850 he founded the Bank of the Republic on Wall Street and served as its president. He served both Southern businesses and state governments. After the start of the American Civil War, Lamar returned to Savannah, where he became active in banking and supporting the confederate war effort in several ways. With associates, he founded the Importing and Exporting Company of Georgia, which operated blockade runners. In December 1864, with Union General Sherman's troops approaching Savannah, Lamar took President Lincoln's loyalty oath (sometimes called the Proclamation of Amnesty) to uphold the United States constitution, in return for the promise that all his property rights would be rest ...
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Henry F
Henry may refer to: People *Henry (given name) *Henry (surname) * Henry Lau, Canadian singer and musician who performs under the mononym Henry Royalty * Portuguese royalty ** King-Cardinal Henry, King of Portugal ** Henry, Count of Portugal, Henry of Burgundy, Count of Portugal (father of Portugal's first king) ** Prince Henry the Navigator, Infante of Portugal ** Infante Henrique, Duke of Coimbra (born 1949), the sixth in line to Portuguese throne * King of Germany **Henry the Fowler (876–936), first king of Germany * King of Scots (in name, at least) ** Henry Stuart, Lord Darnley (1545/6–1567), consort of Mary, queen of Scots ** Henry Benedict Stuart, the 'Cardinal Duke of York', brother of Bonnie Prince Charlie, who was hailed by Jacobites as Henry IX * Four kings of Castile: **Henry I of Castile **Henry II of Castile **Henry III of Castile **Henry IV of Castile * Five kings of France, spelt ''Henri'' in Modern French since the Renaissance to italianize the name and to ...
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Charles H
Charles is a masculine given name predominantly found in English and French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was "free man". The Old English descendant of this word was '' Ċearl'' or ''Ċeorl'', as the name of King Cearl of Mercia, that disappeared after the Norman conquest of England. The name was notably borne by Charlemagne (Charles the Great), and was at the time Latinized as ''Karolus'' (as in ''Vita Karoli Magni''), later also as '' Carolus''. Some Germanic languages, for example Dutch and German, have retained the word in two separate senses. In the particular case of Dutch, ''Karel'' refers to the given name, whereas the noun ''kerel'' means "a bloke, fellow, man". Etymology The name's etymology is a Common Germanic noun ''*karilaz'' meaning "free man", which survives in English as churl (< Old English ''ċeorl''), which developed its de ...
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Charles Handy Russell
Charles Handy Russell (September 13, 1796 – January 21, 1884) was a prominent American merchant and banker with the National Bank of Commerce in New York. Early life Russell was born on September 13, 1796, in Newport, Rhode Island. He was the third child and second son of Ann (née Handy) Russell and Maj. Thomas Russell, who served in the Continental Army under the Marquis de Lafayette and was a descendant of Elder William Brewster, a ''Mayflower'' passenger''.'' His maternal grandfather was Charles Handy, a prominent merchant and landowner from Newport. Through his uncle Johnathan Russell, he was a first cousin of Jonathan Russell, a U.S. Representative from Massachusetts and U.S. Minister to Stockholm who was one of the five commissioners who negotiated the Treaty of Ghent with Great Britain in 1814, ending the War of 1812. His father died in 1801, leaving his mother with four young children to care for. They moved to Bristol and stayed there until his mother's death in 180 ...
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National Banking Acts Of 1863 And 1864
The National Banking Acts of 1863 and 1864 were two United States federal banking acts that established a system of national banks, and created the United States National Banking System. They encouraged development of a national currency backed by bank holdings of U.S. Treasury securities and established the Office of the Comptroller of the Currency as part of the United States Department of the Treasury and a system of nationally chartered banks. The Act shaped today's national banking system and its support of a uniform U.S. banking policy. Background At the end of the Second Bank of the United States in 1836, the control of banking regimes devolved mostly to the states. Different states adopted policies including a total ban on banking (as in Wisconsin), a single state-chartered bank (as in Indiana and Illinois), limited chartering of banks (as in Ohio), and free entry (as in New York). While the relative success of New York's "free banking" laws led a number of states to also a ...
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Stephen Whitney
Stephen Whitney (September 4, 1776 – February 16, 1860) was an American merchant. He was one of the wealthiest merchants in New York City in the first half of the 19th century. His fortune was considered second only to that of John Jacob Astor. As a prominent citizen of the rapidly growing city, he helped to build some of its institutions, including the Merchants' Exchange Building, the first permanent home of the New York Stock Exchange. Early life Stephen Whitney was born in humble circumstances in Derby, Connecticut, on September 4, 1776. He was a son of Captain Henry Whitney (1735–1811) and Eunice (née Clark) Whitney (1746–1794), a daughter of William Clark and Hannah Peck Clark. His brother, Archibald Whitney, was married to Nancy Ann Brower. He was a descendant of Henry Whitney who immigrated to southern Connecticut in the mid-seventeenth century. Career Whitney moved to New York City in his early twenties, taking a job in his brother Henry's business firm L ...
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Peter Gerard Stuyvesant
Peter Gerard Stuyvesant (; September 21, 1778 – August 16, 1847) was an American landowner, philanthropist and descendant of Peter Stuyvesant who was prominent in New York society in the 1600s. Early life Stuyvesant was born in New York City on September 21, 1778. He was the son of Petrus "Peter" Stuyvesant (1727–1805) and Margaret (née Livingston) Stuyvesant (1738–1818). His siblings included Judith Stuyvesant, who married Benjamin Winthrop (grandparents of U.S. Representative John Winthrop Chanler); Cornelia Stuyvesant, who married Speaker of the New York State Assembly Dirck Ten Broeck, Nicholas William Stuyvesant, who married Catharine Livingston Reade, and Elizabeth Stuyvesant, who married Adjutant General of New York Nicholas Fish. Peter was descended from many of New York's most prominent families and characters. Through his father, he was the 2x great grandson of Peter Stuyvesant, the last Dutch Director-General of New Netherland. His paternal grandparents (an ...
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