The Chemical Bank

 1823 Established New-York Chemical Manufacturing Company
1823 Succeeded By Chemical Bank, The (1823-1865)
1865 Converted To Chemical National Bank of New York
05/01/1920 Acquire By Merger Citizens National Bank of New York
05/01/1929 Succeeded By Chemical Bank and Trust Company
06/01/1929 Acquire By Merger United States Mortgage and Trust Company
04/01/1948 Acquire By Merger Continental Bank & Trust Company of New York
03/01/1951 Acquire By Merger National Safety Bank & Trust Company of New York
10/15/1954 Acquire By Merger Corn Exchange Bank Trust Company
10/15/1954 Name Change To Chemical Corn Exchange Bank
09/01/1959 Acquire By Merger New York Trust Company, The
09/01/1959 Name Change To Chemical Bank New York Trust Company
06/01/1963 Acquire By Merger Bank of Rockville Centre Trust Company
02/01/1964 Acquire By Merger First National Bank of Mount Vernon
02/25/1964 Acquire By Merger Bensonhurst National Bank of Brooklyn in New York
02/17/1969 Name Change To Chemical Bank
01/19/1975 Acquire By Merger Security National Bank
11/10/1975 Acquire By Merger Chemical Bank of Suffolk, N.A.
03/31/1977 Acquire By Merger Chemical Bank Hudson Valley N.A.
09/29/1978 Acquire By Merger Chemical Bank of Binghamton
09/29/1978 Acquire By Merger Chemical Bank Buffalo
09/29/1978 Acquire By Merger Chemical Bank - Eastern, N.A.
09/29/1978 Acquire By Merger Chemical Bank of Rochester
09/29/1978 Acquire By Merger Chemical Bank of Syracuse
03/06/1992 Acquire By Merger Chemical Bank Delaware
06/19/1992 Acquire By Merger Manufacturers Hanover Trust Company
07/14/1996 Acquire By Merger Chase Manhattan Bank, N.A., The
07/14/1996 Name Change To Chase Manhattan Bank, The
12/01/1996 Acquire By Merger Chase Manhattan Bank, National Association
10/01/1998 Acquire By Merger Morgan Stanley Trust Company
03/05/1999 Acquire By Merger Texas Commerce Trust Company of New York
08/01/2000 Acquire By Merger Chase Bank of Texas, National Association
07/14/2001 Acquire By Merger Chase Bank of Texas - San Angelo, National Association
11/10/2001 Acquire By Merger Morgan Guaranty Trust Company of New York
11/10/2001 Name Change To JPMorgan Chase Bank
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
New York Bank History C /

The New York Chemical Manufacturing Company, 1824

Gerard Post, Daniel D. Smith, Balthazar P. Melick, Gideon Tucker, Mark Spencer, John C. Morrison, and William A. Seely were unanimously elected Directors. Melick was appointed President, Morrison as Agent, William Stebbins as Cashier, James Kent as Counsellor, and William A. Seely, Attorney and Notary. (Chemical Bank. New York National Advocate, Jul. 1, 1824.) "The Chymical Bank, or company, was incorporated in Feb. 1823, with a capital of $100,000; books were opened for subscriptions to the capital, and it was not taken up. Upon a representation of these facts, made to a subsequent legislature, in April, 1824, the gave banking privileges to the original incorporation, with a capital of $500,000; but upon the express condition, that the purposes contemplated by the previous act, should be pursued by the Bank. That the original capital of $100,000, should be set apart, and actually appropriated, to the extent of $30,000 at least, to the pursuit of the manufacturing objects intended by the previous act. The Bank was not to go into operation until the directors had purchased the manufactory of Mr. Morrison, and set apart the appropriation; and if, at any time, the appropriation should be withdrawn from the prosecution of the manufacturing purposes, the banking privileges were to cease." William J. Caldwell was Morrison's lobbyist in Albany. (Chymical Bank, Incorporations, Lobby Members &c. New York National Advocate, Nov. 27, 1824.)

John C. Morrison

"John C. Morrison was one of the prime organizers of the company. He was a director and acted as an agent of the company until 1832. He was evidently the practical chemist in the concern. For years he was one of the largest wholesale druggists in the city..." In 1825, it was moved from Greenwich Village to a spot uptown on the Hudson River. (History of the Chemical Bank, 1823-1913 By Chemical Bank and Trust Company, p. 137.) John C. Morrison continued operating the chemical company under his own name into the 1840s. (Display Ad. New York Herald, May 2, 1844.) He was born in New Jersey in 1791 and died in 1872. His wife was Hilah Bergh. He purchased Vault 23 at New York Marble Cemetery in 1832, where he and a number of descendants are interred. (Interments By Vault. Marble Cemetery, accessed 9/17/11.) The Morrisons and their relatives, the Posts, were early residents of the World Trade Center site. (Intensive Archeological Study, World Trade Center Memorial and Redevelopment Project, p. 24. By Historical Perspectives, Inc., Mar. 2004.)

Interments By Vault / Marble Cemetery
World Trade Center Memorial and Redevelopment Project / LMDC (pdf, 100 pp)

His daughter, Hilah Julia Morrison, married Elisha Robbins, a hardware merchant, originally from Charleston, S.C.. (Married. New York Spectator, Oct. 24, 1833; Death List of a Day. New York Times, Oct. 19, 1897.) Elisha Robbins was a trustee of the Astor Mutual Insurance Company. (Insurance. New York Times, Nov. 29, 1853.) Their daughters had a double wedding. Caroline M. Robbins married Henry A. Robbins, and Hilah Julia Robbins married Joseph Walker. (Married. New York Herald, Jun. 5, 1857.) Joseph Walker Jr. married Elizabeth L. Sloan, daughter of Samuel Sloan, President of the Delaware, Lackawanna and Western Railway. Samuel Sloan Jr. was an usher. (Last Evening's Weddings. New York Times, Apr. 27, 1887.)

Samuel Sloan Walker was a member of Scroll & Key 1917, who traveled to Palm Beach to tap the 1918 members a month early, because six of the 15 secret society members (including [Reginald G.] Coombe, Lawrence, Farwell and Read) were already in the Yale aviation corps. ("Tap Day" At Yale. New York Times, May 19, 1916; Yale Seniors Tapped. New York Times, Apr. 20, 1917.) His brother, Joseph Walker Jr., was best man, and Knight Woolley, S&B 1917, and Stanley Burke, Henry E. Coe, Samuel Meek, and Kenneth E. O'Brien, all of Scroll & Key, and Henry Hutton Landon of Wolf's Head were ushers at his wedding. (Miss Audrey Riker Weds S.S. Walker. New York Times, Apr. 7, 1920.) He joined Joseph Walker & Sons, a New York Stock Exchange firm that was founded in 1855 by his grandfather, Joseph Walker, with his brother as Francis T. Walker & Brother. Joseph Walker was an agent for the U.S. government in selling gold for the account of the Treasury Department. His sons, Joseph Walker Jr. and E. Robbins Walker, were also members of the firm. Joseph Walker Sr. died in 1918. (75th Anniversary For Walker & Sons. New York Times, Feb. 20, 1930.) Samuel Sloan Walker retired as senior partner of the firm and died in 1978. (Samuel Sloan Walker. New York Times, Jun. 10, 1978.) Marguerite E. Walker married Rae Rogers, Yale class of 1910, son of Archibald Rogers, Yale 1873. Carol Harriman, daughter of E.H. Harriman, was one of her attendants. (Miss Walker Weds. New York Times, Oct. 13, 1908.)

Samuel Sloan Walker Jr. was Skull & Bones 1948. [Thomas William] Ludlow Ashley and Howard S. Weaver, S&B 1948, and William F. Buckley Jr., S&B 1950, were ushers at his marriage to Alexandra de Bottari of Mexico City. Her sister was Mrs. Richard Colt. (Miss A. de Bottari Married in Chapel. New York Times, Jun. 27, 1948.) He was president of Walker & Co., book publishers, when he remarried to Evelyn Bready. (Evelyn E. Bready Is Married To Samuel Sloan Walker Jr. New York Times, Oct. 29, 1961.) "Other legitimate publishers that received C.I.A. subsidies according to former and current agency officials, were Franklin Books, a New York based house that specializes in translations of academic works, and Walker & Co., jointly owned by Samuel Sloan Walker Jr., a one-time vice president of the Free Europe Committee, and Samuel W. Meek, a retired executive of the J. Walter Thompson advertising agency and a man with close ties to the C.I.A." Frank G. Wisner Sr. was the first head of the covert action staff. "The C.I.A.'s propaganda operation was first headed by Tom Braden, who is now a syndicated columnist, and was run for many years by Cord Meyer Jr., a popular campus leader at Yale before he joined the C.I.A." (Worldwide Propaganda Network Built By the C.I.A. By John M. Crewdson and Joseph B. Treaster. New York Times, Dec. 26, 1977.) Samuel Sloan Walker 3d also graduated from Yale. His mother was vice president of Walker & Company. He worked in the enforcement division of the Securities and Exchange Commission. He married Elliott Ward Sparkman, a segment producer for the "Today" Show on NBC. Her father, Dr. Thorne Sparkman, was professor of medicine at the University of Pennsylvania. (Elliott W. Sparkman, Sloan Walker. New York Times, Apr. 28, 1996.)

Elliott W. Sparkman, Sloan Walker, 1996 / New York Times

Gerardus Post

Gerardus Post was a director of the Chemical Bank since 1824. He died in 1833, in his 58th year. (Died. New-York Spectator, Oct. 24, 1833.) He was a partner with his brother, William, in W. & G. Post. (Communication. New York Gazette, Feb. 22, 1806.) (Bill for Partition [Estate of Gerardus Post]. In: A treatise upon the practice of the Court of Chancery, Vol. III. By Murray Hoffman, 1840, p. 278.)

A treatise upon the practice of the Court of Chancery, p. 278 / Google Books

William Post married Catharine Van Beuren, daughter of Dr. John H. Van Beuren of Flatbush, Long Island. (Married. Republican Watch-Tower, Feb. 21, 1806.) William Post's daughter, Sarah, married John C. Morrison's son, Christopher (or Christian) Bergh Morrison. (Married. New-York Spectator, Jun. 13, 1828.) She died in 1875. (Died. Brooklyn Eagle, Nov. 19, 1875.). Her brother, William Post, Esq., married Margaret Morrison. They had a son, William Post, and a daughter, Mrs. Elias J. Herrick. (Obituary. New York Times, Jun. 26, 1892.)

William Post Jr. was a member of the firm of Whittemore, Peet, Post & Company, commission dealers in woolens, on the ground floor of the New York Life Insurance Building at Broadway and Leonard. (Failure of a Dry Goods Firm. New York Times, May 8, 1879.) He married Rose de Wolf Anthony, daughter of Charles L. Anthony and sister of Mrs. Frederick W. Vanderbilt. (Married. New York Times, Nov. 16, 1864; Death of William Post. Newport Daily News, Mar. 12, 1900.)

Gideon Tucker

Gideon Tucker (1773-1845) was born in New York City. He was a "Tammany sachem," an alderman and, in 1830, a state legislator. His father was a New Jersey state legislator and a friend of Aaron Burr. (Genealogical and Family History of Southern New York and the Hudson River Valley, 1913.) He was a partner of Tucker and Ludlum with Samuel Ludlum until 1811. (Notice. New York Public Advertiser, May 18, 1811.) Mrs. Tucker was Jamima Brevoort. (Died. New York Times, Jul. 6, 1866.) He owned a large amount of valuable real estate between the Bowery and Fifth Avenue, Tenth and Twelfth Streets, which was sold in 1868 for about $1,250,000. (In and About the City. New York Times, Dec. 5, 1890.)

Notes on Gideon Tucker / Westfield NJ History

His son, John C. Tucker, was indicted for attempting to bribe an alderman to appoiunt his grandson, Gideon J. Tucker, to the presidency of the Croton Aqueduct Board. (Indictments Against William McIntyre and John C. Tucker, For an Alleged Attempt to Bribe Alderman Brady, Quashed by the Recorder. New York Times, Jun. 21, 1860.) Gideon John Tucker was Surrogate Judge of New York three times, secretary of state in 1857, and a state legislator in 1865. He was briefly interested in The Albany Argus, then founded the New York Daily News as a morning newspaper. After 1878, he went to Prescott, Ariz. and ran The Daily Democrat for three years. He married Clara Olive Livingston in 1848. (Judge Tucker Celebrates. New York Times, Mar. 16, 1898; Death List of a Day. New York Times, Jul. 26, 1899.) Mrs. Tucker was the daughter of Robert Swift Livingston, who was rumored to have had several illegitimate children. His brother was James Duane Livingston, whose daughter married Supreme Court Justice Charles A. Peabody Sr. They were the parents of Charles A. Peabody Jr. (Is Related to a Juror. New York World, Jun. 14, 1896; Americans of Royal Descent. By Charles Henry Browning, 1891, p. 287.)

Americans of Royal Descent, p. 287 / Google Books

The Chemical Bank, 1827

Balthazar P. Melick, Gerardus Post, John C. Morrison, Gideon Tucker, Isaac Amerman, Thomas T. Woodruff, and Jacob Drake were unanimously re-elected directors of the Chemical Bank. (New York Spectator, Apr. 6, 1827.)

Thomas T. Woodruff

Thomas Tyson Woodruff (1781-1855) was a descendant of John Woodruff (1637-1691) and Sarah Ogden, founders of Elizabethtown, New Jersey. His father, Thomas Woodruff Jr. (1720-1805) was a coffin-maker during the Revolution. (Thomas Woodruff, Jr. (1720-1805), Carpenter and Coffin Maker Daybook. The New Jersey Historical Society, accessed 10/08/11.)

Thomas Woodruff, Jr. (1720-1805) / The New Jersey Historical Society

Thomas T. Woodruff's son, Isaac Ogden Woodruff, (1813-1870), went west and settled in Quincy, Ill., where he was engaged in life insurance and banking. He was the mayor and treasurer of Quincy, and treasurer of the Quincy & Toledo Railroad. (Past and Present of the City of Quincy and Adams County, Illinois. By William Collins, 1905, pp. 458-463.)

Past and Present of the City of Quincy and Adams County, Illinois / Adams County ILGenWeb Project

Isaac O. Woodruff Sr.'s daughter, Helena Arethusa Woodruff, married Thomas L. Leeming. "Thomas Lonsdale Leeming was born in Burnley, England, in 1837. He moved with his parents to Montreal, Canada, in 1840. About 40 years later, [he] started a drug import business with exclusive rights to Ben Gay, Pacquins, Visine and other products. After 80 years, Thomas L. Leeming Company was sold to Pfizer in 1961 for a reputed forty million dollars." They lived in Brooklyn since 1888. (No Rocking Chair For Me: Memoirs of a Vibrant Woman Still Seeking Adventure. By Esther Leeming Tuttle, 2004.)

No Rocking Chair For Me / Google Books

His son, Isaac Ogden Woodruff Jr. (1848-1913) was born in Quincy and graduated from Yale in 1871. "From 1876 to 1884 he was with T.L. Leeming & Co., commission merchants dealing in druggists' supplies, until 1879, being with the branch in Montreal, Canada, and then in New York City." He was the class secretary. (Obituary Record of Graduates of Yale University, 1910-1915, p. 602.)

Obituary Record of Graduates of Yale University, 1910-1915, p. 602 / Google Books

His grandson, Dr. Isaac Ogden Woodruff, graduated from City College of New York in 1900, and received his medical degree from the College of Physicians and Surgeons at Columbia. He was president of the New York Tuberculosis Association from 1934 to 1941, and a founder of the New York Diabetes Association and the Health Council of Greater New York. He was president of the combined Welfare and Health Council of New York City unril 1959. He and his family moved to Toronto. (Ogden Woodruff, Physicians, Was 89. New York Times, May 30, 1969.) The New York Diabetes Association was funded by $15,000 from former Rep. Lucius N. Littauer. (Group Organized to Fight Diabetes. New York Times, Dec. 30, 1934.) "The health program of the New York Association is extensive and covers in addition to Manhattan, the Bronx, Staten Island and Harlem. These activities include tuberculosis, heart disease, social hygeine, industrial hygeine, community dental service, health education, radio service, research and statitstics." (Brief Notes From Other Counties. Gettysburg Star and Sentinel, Mar. 8, 1941.) His published articles included: Quality control of medical care under a prepaid plan. Can J Public Health 1957 Dec;48(12):505-512; discussion 512-514.)

The Chemical Bank, 1830

Elected Directors at the Chemical Bank: B.P. Melick, John C. Morrison, Gideon Tucker, Thomas T. Woodruff, James Bogert Jr., Thomas J. Chew, and John R. Schelzmel. Melick was re-elected President, and Morrison, Agent. (New York Morning Herald, Apr. 7, 1830.)

James Gordon Bennett, founder of the New York Herald, was a booster of the Chemical Bank, who praised it and its president, John Mason, in editorials. He said, "[W]e make all our deposits in the Chemical, the quantity of specie - gold and silver - which we hand over, is a little comfortable item in the present crisis. It was the day before yesterday that I sent nearly $200 in silver to the Chemical." (Chemical Bank - Specie. New York Herald, Apr. 20, 1837.)

John Mason

John Mason died in 1839 in his 66th year. He lived at 640 Broadway. (Died. New York Spectator, Sep. 30, 1839.) He was a director of the Bank of New York (New York Spectator, May 14, 1827) and of the Schenectady and Utica Rail Road (New York Spectator, Aug. 22, 1833), and a Trustee of the New York Life Insurance and Trust Company. (New York Herald, May 25, 1837.) His daughter, Mary, married Isaac Jones; daughter Rebecca married Isaac C. Jones; daughter Helen married Joseph Alston of South Carolina; and daughter Sarah married Andrew Gordon Hamersley. His sons were John Mason Jr., James Mason, and Henry Mason. It was witnessed by Francis E. Berger and George W. Strong. (The Will of John Mason. New York Herald, Jul. 17, 1848.) Andrew Gordon Hamersley (1807-1883) was a Royal descendant of Edward III, King of England. (Americans of Royal Descent. By Charles Henry Browning, 1891, p. 608.) Joseph Alston's father, William Algernon Alston, was a brother of Gov. Joseph Alston who married Theodosia Burr. (The Alstons and Allstons of North and South Carolina. By Joseph A. Groves, 1904, pp. 79-82.)

Americans of Royal Descent, p. 608 / Google Books
The Alstons and Allstons of North and South Carolina / Internet Archive

John Mason, founder of the Chemical Bank, was the fifth John Mason in the U.S. The first John Mason, who arrived in 1629, was a founder of the town of Portsmouth, N.H. He was the son of Sir John Mason, Governor of the town of Portsmouth, England during the reign of Charles I. (The Inside Story of the Hamersley Will Case. New York Times, May 1, 1910.) "The Mason and Jones families were related both by business and family ties and it is little wonder that in the early years, the (Chemical) Bank appears somewhat in the light of a family enterprise. Three of John Mason's daughters married members of the Jones family, Mary and Serena becoming the wives of brothers, Isaac and George Jones respectively, both of whom were directors in the Bank, while the former succeeded his father-in-law as President. Rebecca Mason married Isaac Colford Jones, a cousin of Isaac and George Jones." (The Descendants of John Jones and John Mason by Marie Caroline de Trobriand Post, 1913.)

The Descendants of John Jones and John Mason by Marie Caroline Post / Long Island Genealogy (pdf, 40 pp)

The Chemical Bank, 1844

In 1844, its original charter expired and the bank was reorganized. John Q. Jones, the former cashier, succeeded John Morrison as President, and the new directors were John David Wolf, C.V.S. Roosevelt, Robert McCoskrey, and Bradish Johnson. The chief stockholders and heavy depositors were Robert and Peter Goelet and Joseph Sampson. (Three Bank Presidents. New York Daily Tribune, Dec. 6, 1891.)

Bradish Johnson

Bradish Johnson was born in 1811 about forty miles south of New Orleans, on Woodland Plantation, a sugar plantation owned by his father, William M. Johnson. He graduated from Columbia College in 1831. William M. Johnson & Sons and its successor, Johnson & Lazarus (with Moses Lazarus) operated distilleries in New York City and sold the refuse as feed for cattle. When he retired in 1874, the firm continued as B. Johnson & Sons. He owned sugar plantations in Plaquemines, Ascencion, Assumption, and Pointe Coupeť Parishes, and on the False River, in Louisiana. "One of these plantations, called Assumption Plantation, is noted locally for the haunted house which stands on it." He freed his slaves before the Emancipation Proclamation, and offered them passage to Africa, but they chose to remain. (Obituary. New York Times, Nov. 5, 1892.) Two daughters, Margaret and Louisa, married Stephen Whitney in succession. (Necrology. New Orleans Daily Picayune, Nov. 5, 1892.) His wife, Louisa Anna Lawrence, was a Royal descendant of Alfred the Great, King of England, and several kings descended from him. (Americans of Royal Descent. By Charles Henry Browning, 7th Ed., 1911, p. 414.) His son, Bradish Johnson (1851-1918), was a director of the Equitable.

Americans of Royal Descent (1911), p. 414 / Google Books

His business partner, Moses Lazarus, was the father of Emma Lazarus. (Emma Lazarus in Her World: Life and Letters. By Bette Roth Young, 1997.)

Emma Lazarus in Her World, p. 48 / Google Books

His daughter, Lucy A. Johnson, married Dr. Alfred Ludlow Carroll (1833-1893) (Married. New York Times, Feb. 26, 1862; Died. New York Times, Feb. 12, 1909.). Dr. Carroll had nothing public to say in the controversy over swill-feeding. He was later Secretary of the New York State Board of Health. (Memoir of Alfred Ludlow Carroll, MD. By John W.S. Gouley. Transactions of the New York State Medical Association, 1894, Vol. 10, p.402.) "For some years he was medical referee of the Liverpool and London and Globe insurance company." (The Physicians and Surgeons of the United States. William Biddle Atkinson, ed., 1878, p. 211.)

Memoir of Alfred Ludlow Carroll, p. 402 / Google Books
The Physicians and Surgeons of the United States, p. 211 / Google Books

Another son, William Martin Johnson (1839-1879), graduated from Yale in 1861. He was in business with his father. (Obituary Record of Graduates of Yale College, 1870-1880, p. 407.) William M. Johnson's widow married Edward M. Townsend. She was the daughter of James Ingersoll Day. (Died. New York Times, Mar. 1, 1916.) Day was born in New London, Conn., in 1812. He went to New York in 1827, and to New Orleans in 1832, where he became president of the Bank of Louisiana. He briefly retired to Connecticut in 1853, where he was elected president of the New York, Boston, and Providence Railroad. He sympathized with the Confederates in the Civil War, and went to Europe for several years. He began his business career again with Slocomb, Baldwin & Co. in New Orleans, and was later elected president of the Sun Mutual Insurance Company, from which he resigned in 1892. (Guardians Against Disasters. New Orleans Picayune, Jun. 16, 1886; James I. Day. New Orleans Picayune, Sep. 23, 1895.)

Obituary Record of Graduates of Yale, 1870-1880, p. 407 / Google Books

Another son, Henry Meyer Johnson (1856-1907), graduated from Yale in 1877. "Before entering college he was in Europe from 1864 to 1867, then two years in the Collegiate and Commercial Institute of General Russell (Y.C. 1833) [co-founder of Skull & Bones] in New Haven, and four years under the private instruction of Josiah Clark, LL.D. (Y.C. 1833). He graduated from Columbia Law School and managed his father's estate. (Obituary Record of Graduates of Yale University, 1900-1910, p. 920.)

Obituary Record of Graduates of Yale, 1900-1910, p. 920 / Google Books

Captain William Johnson and his partner, George Bradish, "were sea captains/pirates from Nova Scotia who had come down to the Deep Delta in the late 1700s and worked for river pilot Juan Ronquillo... William was also in partnership with the famous pirate, Jean Lafitte. Lafitte would pirate ships off shore then bring the slaves up Grand Bayou, which was a short cut to the Gulf of Mexico from Woodland, and hold then at 4 large two-story brick slave quarters" until their sale. (History. Woodland Plantation & Spirits Hall, accessed 7/11/11.) William M. Johnson of New Orleans married Sarah Rice of Nova Scotia in New York City in 1810. (Married. New York Evening Post, Aug. 2, 1810.)

History / Woodland Plantation & Spirits Hall

John Q. Jones

John Quentin Jones (1803-1878) was born in New York City. His father was Isaac Jones and his mother was John Mason's sister. He was also a director of the Pennsylvania Coal Company and the Eagle Insurance Company, and a Trustee of the New York Life Insurance and Trust Company. He was unmarried, and lived with his sisters, Mrs. Frances Rogers and Mary S. Jones. (The Chemical Bank's President. New York Times, Jan. 3, 1878.) His brother, Joshua Jones, a lawyer, "never practiced his profession, however, but spent his life roaming the world." He left an estate of at least $7 million, largely in real estate. (Heirs to a Big Fortune. New York Times, Mar. 31, 1888.)

John David Wolfe

John David Wolfe (1792-1872) was "the son of an officer of the Revolution in the Paymaster's Department." (Obituary. John David Wolfe. New York Times, May 20, 1872.) In 1822, he married Dorothea Ann Lorillard (1798-1866), daughter of Peter Lorillard and Mary Schultz. (Marriages. Boston Commercial Gazette, Apr. 29, 1822; Died. New York Times, Aug. 21, 1866.) He was a director of the Hudson River Railroad Company (Classified Ad. New York Herald, Jun. 12, 1849; Financial and Commercial. New York Herald, Jun. 11, 1861.) He was a vice president of the New-York Society for the Relief of the Ruptured and Crippled. (Relief for the Indigent, Ruptured and Crippled. New York Times, Nov. 11, 1869.) He was a business partner of Japhet Bishop in Wolfe & Bishop until 1856, when they retired. The firm continued as Coffin, Bruce, Bishop & Co. with John P. Coffin, George W. Bruce, David W. Bishop, and Albert G. Lee. (New York Daily Tribune, Feb. 4, 1856.) David W. Bishop was Japhet Bishop's son and John David Wolfe's nephew, and George W. Bruce was another nephew from his sister, Catharine Wolfe. (Gravestone Inscriptions of Green-Wood Cemetery, Brooklyn.)

Gravestone Inscriptions of Green-Wood Cemetery / Brooklyn Genealogy

The old chemical factory from which the bank originated was bought by the Hudson River Railroad Company, whose directors included John David Wolfe, James Boorman, James Boorman Johnston, Edward Jones, Japhet Bishop, Erastus Corning, and Moses H. Grinnell. (New York City. New York Times, Jun. 15, 1852 p.1.)

The Chemical Bank, 1858-63

John Q. Jones, John David Wolf, Cornelius V.S. Roosevelt, Robert McCoskrey, and Bradish Johnson were elected directors of the Chemical Bank. Peter Goelet, Isaac L. Platt, and Japhet Bishop were elected Inspectors of the next election. George G. Williams was Cashier. (Financial. New York Daily Tribune, Apr. 9, 1858; Financial. New York Herald, Apr. 7, 1860, and Apr. 3, 1861.) In 1863, Robert Lenox Kennedy replaced Bishop. (Financial. New York Herald, Apr. 7, 1863.)

George G. Williams

"George G. Williams became president of the Chemical Bank in 1878, succeeding President Jones. Mr. Williams came to this city in 1842 from East Haddam, Conn., where his father had been for forty years the chief physician of the town. Securing a place as assistant paying-teller of the Chemical Bank, he became successively discount clerk, cashier, and president." He was the executor of the estate of millionaire Louis Hamersley, whose widow became the Dutchess of Marlboro. (Three Bank Presidents. New York Daily Tribune, Dec. 6, 1891.)

The Chemical National Bank of New York, 1866

Directors: John Q. Jones, John David Wolfe, Robert McCoskry, James A. Roosevelt, and George G. Williams. (Financial. New York Times, Jan. 17, 1866.)

The Chemical National Bank of New York, 1870

President, John Q. Jones; Cashier, George G. Williams; Notary Public, John T. Lochman. Directors: John Q. Jones, John David Wolfe, James A. Roosevelt, John H. Adam, and George G. Williams. (The National Banks of New York. The Bankers' Magazine and Statistical Register, Apr. 1870;4(10)802.)

The Chemical National Bank, 1885

Ten shares of the stock of the Chemical National Bank were sold at auction by order of the executors of the estate of Charles H. Russell. "It is very seldom that Chemical Bank stock comes upon the market, and when it does there is always spirited bidding for it. The par value is $100 a share. The prices paid yesterday ranged from $2,510 to $2,518 per share." (Bank Stock Sold High. New York Times, Jan. 29, 1885.)

The Chemical National Bank, 1889

"Twenty shares of Chemical Bank stock were sold by auction at an executor's sale on the Real Estate Exchange to-day to David Wolfe Bishop, a relative of the late Catherine Wolf, who was the richest woman in the country, at $4195 a share, the highest price ever paid for this stock. The par value is $100, and there are but 3000 shares in all. The bank declares bi-monthly dividends of 25 per cent. The largest individual holder of stock is Adda De Talleyrand Perigord, Dutchess De Deco, formerly Mrs. Stevens, the owner of the Stevens building in Wall street and other valuable real estate. She holds 500 shares, which are worth $1,258,500." (Chemical Bank. Chronicle Dispatch; Salt Lake Daily Tribune, Jan. 11, 1889.)

The Chemical National Bank, 1891

"Few people of the thousands who daily hurry along lower Broadway ever stop to notice the dingy, little old hrownstone building, No. 270. It is only three stories high, is walled in between pretentious structures, and so narrow that there is scarcely room for two people to pass abreast through the entrance on Broadway. In gold leaf on the storm doors and lettered in the ancient brownstone above the narrow entrance are the words "Chemical Bank." The little old brownstone building, that looks as if it was ashamed to be seen in such swell company as the modern cloud-sweepers that front on all sides of City Hall Park, is the home of as remarkable a banking institution as is to be found in the world. Though few notice it in the hurrying throngs its fame is world-wide, for its shares have touched the highest figure ever paid for bank stock, $4,900 for $100 par value. The latest quotation was about $4,500. There are only 3,000 of these high-priced shares in existence. On this capital stock of $300,000, the Chemical Bank's last official statement showed deposits of $27,000,000 in round numbers, of which nearly $20,000,000 belonged to individuals.... The largest shareholders are Robert and Ogden Goelet, sons of Robert Goelet, the former director. The younger Robert Goelet is likewise a director. Next to the Goelets, the Marquise de Talleyrand-Perigord owns the largest number of shares. The Marquise is the daughter of Director Joseph Sampson. Her father joined the silent majority about twenty years ago." (Three Bank Presidents. New York Daily Tribune, Dec. 6, 1891.)

The Chemical National Bank, 1893

"The Chemical is the bank of the great landed estates of this country. If there be in America a class corresponding to the "landed gentry" of England, then the Chemical is its financial institution. Among the bank's depositors are the Astors, the Goelets, the Roosevelt estate, the Rhinelander estate, the Lorillards, the Vanderbilts and some of the wealthiest corporations. The New York Central railroad keeps its account there. Every month Chauncey M. Depew signs a check for $800,000 to cover the railroad's payroll, and the Chemical bank's cashier smilingly hands out the cash. James Gordon Bennett, the elder, and his son, the present proprietor of The Herald, have deposited with the Chemical since 1825." "It is no easy matter to open an account there. The applicant must have a proper introduction, prefereably from some one who is already identified with the bank. He must tell where he deposited last and give a good reason why he wants to change. He must be able to show that the deposit will be one that will 'bear its share of the expense of the bank' - inother words, a deposit by handling which the bank can make some money. If the personal character of the applicant is vouched for and no one of the directors can find any flaw in him he is received into the select circle of the depositors and given a bundle of Chemical bank blank checks, with the explicit understanding that they are not to be used except in case of necessity." The largest holders "are known to be Robert and Ogden Goelet, James A. Roosevelt, President George G. Williams, Cashier William J. Quinlan, Jr., Daniel W. Bishop, a son of Japhet Bishop, one of the incorporators, and Frederick W. Stevens, the lawyer, who married Joseph Sampson's daughter." The Chemical bank had only five directors: President Williams, Cashier Quinlan, James A. Roosevelt, Robert Goelet and Frederick W. Stevens. (The Chemical Bank. From the New York World. Atlanta Constitution, Nov. 26, 1893.)

The Chemical National Bank, 1898

Directors: George G. Williams, James A. Roosevelt, Frederic W. Stevens, Robert Goelet, and W.J. Quinlan Jr. (Annual Bank Elections. New York Times, Jan. 12, 1898.)

The Chemical National Bank, 1901-07

Directors: George G. Williams, Frederic W. Stevens, W. Emlen Roosevelt, Augustus D. Juilliard, George G. De Witt, Robert Walton Goelet, and William H. Porter. (Financial. New York Times, Jan. 10, 1901; Bank Board Elections. New York Times, Jan. 15, 1902; Annual Bank Elections. New York Times, Jan. 14, 1903; Annual Bank Elections. New York Times, Jan. 13, 1904; Boards of Directors Elected By City Banks. New York Times, Jan. 11, 1905; Many Bank Changes Result of Elections. New York Times, Jan. 10, 1906.) In 1907, the directorate was increased by the election of J.B. Martindale. (Heinzes Get Big Bank Away From Edwin Gould. New York Times, Jan. 9, 1907.)

W. Emlen Roosevelt, Royal

William Emlen Roosevelt (1857-1930) was the son of James Alfred Roosevelt, the head of Roosevelt & Sons, which W. Emlen Roosevelt joined in 1878. He was a cousin of President Theodore Roosevelt, and later his financial advisor and the executor of his estate. The Roosevelt family was among the founders of the Chemical National Bank, of which W. Emlen Roosevelt was senior director at the time of his death. "He was active a generation ago in building up the Mexican Telegraph Company and the Central and South American Telegraph Company, which later were merged into the All America Cables, Inc., of whose board Mr. Roosevelt was chairman. In 1927 he participated in the merging of All America Cables with the International Telephone and Telegraph Corporation. He remained identified with the cables as a director of the International." He was a trustee of the Union Trust, then of the Central Union Trust from the 1918 merger until his death. He was a trustee, secretary and later president of the Roosevelt Hospital, which was founded by his uncle, James Henry Roosevelt. His sons were George Emlen Roosevelt and Philip Roosevelt, both members of Roosevelt & Sons; and John Kean Roosevelt, vice president of All-American Cables. (W.E. Roosevelt Dies. May 16, 1930.) He believed that "The hospital should be 'a service station, not a repair shop,'" and thought that diseases of the heart, kidneys and circulation were curable by contemporary means. (Public Service of Hospitals. By W. Emlen Roosevelt. New York Times, Oct. 23, 1921.) John Kean Roosevelt married Annette Weinacht. Her father, Edward Weinacht, had been arrested in England for trading with the enemy, but not convicted. (J. Kean Roosevelt Weds. New York Times, Sep. 23, 1916.) George Emlen Roosevelt was a director of the Guaranty Trust, which funded the Nazis during the late 1930s and during World War II through I.T.&T.

William Emlen Roosevelt's mother was Elizabeth Norris Emlen, daughter of William Fishbourne Emlen of Philadelphia. (Mrs. J.A. Roosevelt Dead. New York Times, Apr. 14, 1912.) She was a Royal descendant of Henry III, King of England. (Americans of Royal Descent. By Charles Henry Browning, 1891, p. 353.)

Americans of Royal Descent, p. 353 / Google Books

The Chemical National Bank, 1912

Charles Cheney of South Manchester, Conn., was added to the board. (Bank Changes Made At Annual Meetings. New York Times, Jan. 10, 1912.) Directors ca. 1912: Frederic W. Stevens, Augustus D. Juilliard, Henry P. Davison, Charles Cheney, W. Emlen Roosevelt, Robert Walton Goelet, William H. Porter, and Joseph B. Martindale. (History of the Chemical Bank, 1823-1913. By Chemical Bank and Trust Company, p. 125.)

The Chemical National Bank, 1915

Directors: Frederic W. Stevens, W. Emlen Roosevelt, Augustus D. Juilliard, Robert Walton Goelet, William H. Porter, Charles Cheney, Arthur Iselin, Joseph B. Martindale (President), and Herbert K. Twitchell (Vice President). Francis Halpin was Cashier, and James L. Parson amd Edward H. Smith, Assistant Cashiers. (Display Ad. New York Sun, Jan. 17, 1915.)

Carl A. de Gersdorff, Harvard 1887

Carl August de Gersdorff (1865-1944) was a corporation and railroad lawyer, member of Cravath, de Gersdorff, Swaine & Wood and its successors for more than 50 years. He was involved in Pollock vs. Farmers Loan & Trust Company, in which the first federal income tax was declared unconstitutional, and the Black Tom case involving German sabotage of a munitions depot. He was a director of the Baltimore & Ohio and the Missouri Pacific Railroads, and a director of the Chemical Bank and Trust Company and a member of its Trust Committee, and a director of the Housatonic National Bank of Stockbridge, Mass. He was born in Salem, Mass., and graduated from Harvard in 1887 and Harvard Law School in 1889. (C.A. de Gersdorff, Lawyer, 78, is Dead. New York Times, Jan. 23, 1944.) His father was Dr. Ernst Bruno de Gersdorff, and his mother was Caroline Choate. (Obituary Notes. Boston Daily Advertiser, Jul. 2, 1883). Her brother was Joseph H. Choate, the lawyer and former ambassador to England, and Carl A. de Gersdorff was an executor and trustee of both Mr. and Mrs. Choate's estates. ($3,000,000 Estate to Choate Family. New York Times, May 22, 1917.) The chief assets of her estate were stocks and bonds, including 704 shares of United Fruit Company. (Mrs. Choate's Estate is Put At $917,185. New York Times, Sep. 30, 1930.) In 1895, he married Helen Suzette Crowninshield, daughter of the painter Frederic Crowninshield. (Mrs. de Gersdorff Dies At Her Home. New York Times, Jun. 15, 1941.)

His daughter, Alma de Gersdorff, married D. Percy Morgan, grandson of John E. Parsons, a founder of the American Society for the Control of Cancer and the first president of Memorial Hospital. Ushers included Caspar C. de Gersdorff; Cornelius C. Felton, and Frederick J. Bradlee of Boston. Mrs. Bradlee [Josephine de Gersdorff] was her sister's only attendant. "A notable company of Boston and New York society people were present." (Morgan - De Gersdorff. New York Times, Jun. 8, 1919.)

His son, Caspar Crowninshield de Gersdorff, was a partner in the investment firm of Harris, Upham & Company for 30 years, and retired in 1962. He graduated from Harvard in 1923. (Caspar C. de Gersdorff. New York Times, Aug. 12, 1998.) He married L. Helena Ogden in 1929. His niece, Josephine Bradlee, was a flower girl. (L. Helena Ogden Becomes A Bride. New York Times, May 21, 1929.) Her mother, Mrs. Charles Walton Ogden, before her marriage was Ida Gertrude Little, daughter of John Mason Little of Boston. Among the guests at the church were noticed: Mr. and Mrs. James L. Little and Clarence Little [her first cousin, and later Director of the American Society for the Control of Cancer, then the much-maligned director of the Tobacco Institute]; nine members of the Frazier clan [of Philadelphia]; and Mrs. Delafield and Miss Delafield. (Ogden-Little Nuptials. Boston Globe, Nov. 11, 1897.) Mrs. de Gersdorff was an active fund-raiser at Memorial Sloan-Kettering between 1942 and 1956.

Carl A. de Gersdorff was the grandfather of Ben Bradlee, executive editor of the Washington Post. The de Gersdorffs are "direct descendant[s] of Heinrich XXIX, Count of Reuss-Ebersdorf, who was a lineal descendant of Maximilian I, Holy Roman Emperor, King John of Denmark and King John II of France and Bonne of Bohemia and John V, Prince of Anhalt-Zerbst." His father, Dr. Ernst Bruno von Gersdorff, "was a third cousin of Queen Victoria of the United Kingdom through Heinrich XXIX." (Ben Bradlee. Wikipedia, accessed 11/11/2014.)

The Chemical National Bank, Merger With Citizens National Bank, 1920

"The merger is a continuation of the program of expansion begun by the Chemical National two years ago. At that time, after standing almost isolated in its position against paying interest on deposits, the management decided to pay interest, and the deposits expanded steadily thereafter. Shortly after this change was made Mr. Johnston came from Louisville, Ky., as a Vice President." Directors of the Chemical: Frederic W. Stevens, W. Emlen Roosevelt, Robert Walton Goelet, Charles Cheney, Arthur Iselin, Frederic A. Juilliard, Ridley Watts, Charles A. Corliss, Herbert K. Twitchell, and Percy H. Johnston. Edwin S. Schenck, President of Citizens, became a Vice President. Directors of the Citizens were Schenck, Robert B. Hirsch, Ralph L. Cutter, Darwin P. Kingsley, William S. Gray, William Fellowes Morgan, Charles L. Bernheimer, Charles Allen Munn, Frank Presbrey, Garrard Comly, Otto L. Dommerich, Walton P. Kingsley, Howard F. Clark, Henry A. Caesar, and John A. Garver. (Chemical Bank to Absorb Citizens'. New York Times, Mar. 19, 1920.)

The Chemical Bank & Trust Company, 1954

Directors: Percy H. Johnston, Chairman, Executive Committee; Frank K. Houston, Honorary Chairman of the Board; Robert Goelet, Real Estate; Frederic Stevens Allen, Trustee; J.H. Hillman Jr., Industrialist; N. Baxter Jackson, Chairman; Joseph A. Bower, Chairman, Trust Committee; Thomas H. Williams, Ichabod T. Williams & Sons; Clarence G. Stoll, Director, Pennsylvania Research Corporation; John K. Roosevelt, Roosevelt & Son; Henry Upham Harris, Partner, Harris, Upham & Company; Harold H. Helm, President; W. Ross McCain, Chairman of the Board, Aetna Insurance Group; H.E. Humphreys Jr., Chairman and President, United States Rubber; Cason J. Callaway, Farmer; Robert J. McKim, President, Associated Dry Goods; Frederick E. Hasler, Chairman, Haytian American Sugar Company, S.A.; Joseph T. Lykes, Chairman, Lykes Bros. Steamship Co. Inc.; Stanley Bracken, President, Western Electric; Maurice T. Moore, Cravath, Swaine & Moore; James Bruce, New York; J. Albert Woods, President, Commercial Solvents Corp.; Benjamin F. Few, President, Liggett & Myers Tobacco Company; Robert G. Goelet, Real Estate; James B. Black, President, Pacific Gas & Electric Co. (Display Ad. New York Times, Jan. 5, 1954.)

The Chemical Bank New York Trust Company, 1959

Directors: Frank K. Houston, Honorary Chairman of the Board; N. Baxter Jackson, Chairman, Executive Committee; John K. Roosevelt, Roosevelt & Son; Henry Upham Harris, Partner, Harris, Upham & Co.; Harold H. Helm, Chairman; H.E. Humphreys Jr., Chairman, United States Rubber; Cason J. Callaway, Farmer; Adrian M. Massie, Chairman, Trust Committee; Robert J. McKim, Chairman of the Board, Associated Dry Goods Co.; Maurice T. Moore, Partner, Cravath, Swain & Moore; Richard K. Paynter Jr., Executive Vice President, New York Life Insurance Co.; J. Albert Woods, New York; Benjamin F. Few, President, Liggett & Myers Tobacco Co.; Robert G. Goelet, Real Estate; Hulbert S. Aldrich, Vice Chairman; James B. Black, chairman of the Board, Pacific Gas & Electric Co.; Percy L. Douglas, Executive Vice President, Otis Elevator Co.; Gilbert H. Perkins, Vice Chairman; Isaac B. Grainger, President; Arthur K. Watson, President, IBM World Trade Corp.; Roy F. Coppedge Jr., National Distillers and Chemical Corp.; Kenneth E. Black, President The Home Insurance Co.; Henry L. Hillman, Pittsburgh Coke & Chemical Co.; Charles H. Kellstadt, Sears, Roebuck & Co.; H.I. Romnes, President, Western Electric Co. Inc. Advisory Committee: Robert A Drysdale, Senior Partner, Drysdale & Co.; Dunham B. Sherer, New York; C. Walter Nichols, Chairman, Nichols Engineering & Research Corp.; Robert Goelet, Real Estate; Joseph A. Bower, Retired; Thomas R. Williams, President, Ichabod T. Williams & Son Inc.; John R. McWilliam, Retired; W. Ross McCain, Hartford; Graham H. Anthony, Executive Committee, Veeder-Root, Inc.; Frederick E. Hasler, Haytian American Sugar Co. S.A.; James Bruce, Industrialist; William P. Worthington, President, Home Life Insurance Co. Harold H. Helm was Chairman; Adrian M. Massie was Chairman, Trust Committee; Gilbert H. Perkins and Hulbert S. Aldrich, Vice Chairmen. John L. Gibbons, Clinton C. Johnson, Howard W. McCall Jr., and William S. Renchard, Executive Vice Presidents, and Willis McDonald, Senior Vice President. (Display Ad. New York Times, Sep. 9, 1959.)


cast 12-26-14