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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