David Sproat Kennedy (1791 – February 2, 1853) was a Scottish-American merchant and banker who served as the 23rd president of the
Saint Andrew's Society of the State of New York.
Early life
Kennedy was born in 1791 in the seaport town of
Kirkcudbright on the southwest border of
Scotland and named after his great-uncle, David Sproat.
He was the son of Capt. John Kennedy and Mary (
née
A birth name is the name of a person given upon birth. The term may be applied to the surname, the given name, or the entire name. Where births are required to be officially registered, the entire name entered onto a birth certificate or birth re ...
Lenox) Kennedy.
His maternal grandparents were James Lenox and Elizabeth (née Sproat) Lenox and his uncle was merchant
Robert Lenox
Robert Lenox (December 31, 1759 – December 13, 1839) was a Scottish-American merchant who served as the 15th president of the Saint Andrew's Society of the State of New York.
Early life
Lenox was born on December 31, 1759, in the seaport town o ...
and he was educated at the parish school in Kirkcudbright.
Career
In 1807, he sailed to New York and accepted a clerkship in the merchant house set up by his uncle James Lenox in 1796 with his partner, Robert Maitland, known as Jas. Lenox & Wm. Maitland. Kennedy became partner in 1812 when the firm was known as Lenox, Maitland & Company, but in 1818, the name was changed to Kennedy & Maitland when James Lenox retired and returned to Scotland. Kennedy & Maitland was known as one of the "greatest commercial houses in the United States," and Kennedy "held a commanding position in the financial and social community."
After his father-in-law's death in 1839, Kennedy succeeded to the management of part of the large estate as well as inheriting substantial property from his uncle, James Lenox, who died unmarried, also in 1839.
Kennedy also became an agent for the
Bank of Montreal
The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company.
The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in ...
and several others in Canada.
Kennedy joined the
Saint Andrew's Society of the State of New York in 1817, serving as Manager from 1823 to 1824 and from 1825 to 1826, second vice-president from 1827 to 1828 and president from 1840 to 1842.
Personal life
On May 22, 1822, Kennedy was married to his first cousin, Rachel Carmer Lenox (1792–1875).
Rachel was the sister of philanthropist
James Lenox. Together, they were the parents of:
*
Robert Lenox Kennedy
Robert Lenox Kennedy (November 24, 1822 – September 14, 1887), was an American banker and philanthropist who served as president of the National Bank of Commerce in New York and the Lenox Library (New York City), Lenox Library.
Early life
Kenne ...
(1822–1887),
who was president of the
Bank of Commerce and died at sea.
* James Lenox Kennedy (1823–1864), who married Cornelia
Van Rensselaer (1836–1864), a daughter of Brig. Gen.
Henry Bell Van Rensselaer.
* Rachel Lenox Kennedy (1826–1898),
who founded the
Presbyterian Rest for Convalescents
Presbyterian Rest for Convalescents, also known as the Y.W.C.A. of White Plains and Central Westchester, is a historic convalescent home located at White Plains, Westchester County, New York. It was built in 1913, and is a -story, "H"-shaped buil ...
, and died unmarried.
* Mary Lenox Kennedy (1829–1922), who died unmarried.
Between 1840 and 1845, he was painted by the American portrait artist
Henry Inman, which today is owned by the
New-York Historical Society.
Kennedy died at his residence on
Fifth Avenue
Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping stre ...
in New York City on February 2, 1853.
Descendants
Through his son James, he was the grandfather of Henry Van Rensselaer Kennedy (1863–1912), who married Marian Robbins (1862–1946).
References
{{DEFAULTSORT:Kennedy, David S.
1791 births
1853 deaths
People from Kirkcudbright
American merchants
American bankers
American businesspeople in shipping
Presidents of the Saint Andrew's Society of the State of New York
19th-century American businesspeople
19th-century American merchants