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Charles P. Leverich

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Charles P. Leverich
President of the Bank of New York
In office
1863–1876
Preceded byAnthony P. Halsey
Succeeded byCharles M. Fry
Personal details
Born
Charles Palmer Leverich

(1809-07-17)July 17, 1809
Elmhurst, Queens, New York
DiedJanuary 10, 1876(1876-01-10) (aged 66)
Union Place, New York
Spouse
Matilda Duncan Gustine
(m. 1839; died 1876)

Charles Palmer Leverich (July 17, 1809 – January 10, 1876) was an American banker.

Early life

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Leverich was born on July 17, 1809, in Newtown, Queens on L.I., N.Y. [1][2] He had three brothers: Henry S. Leverich, James Harvey and Charles E. Leverich.[2][3]

Career

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From 1834 onwards, he became a factor for Stephen Duncan, the wealthiest cotton and sugar planter in the Antebellum South.[2][3] He also served as a factor to the Minor and Connor families.[3] Additionally, he was a factor to planters William Newton Mercer, Levin Marshall, William St. John Elliot, Francis Surget and his son Francis Surget Jr., Sam Davis, William T. Palfrey, Mary Porter and John Julius Pringle.[3] He operated under the name of 'Charles P. Leverich & Co.', with a Southern office in New Orleans, Louisiana.[4]

He joined the board of directors of the Bank of New York in 1840.[2][3] He went on to serve as its Vice-president in 1853 and its President from 1863 to 1876.[2][3][5] In this capacity, he helped raise US$50,000,000 for the Union army during the American Civil War of 1861-1865.[3]

Personal life

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Both he and his brother Henry married nieces of Stephen Duncan's.[2] His wife, Matilda Duncan Gustine (1816–1896), was a daughter of James Gustine of Natchez, Mississippi. They married in Philadelphia on September 17, 1839, and had at least four children, including:[6]

  • Charles Duncan Leverich (1840–1925), who married Julia L. Riker, a daughter of John Lawrence Riker, in 1863. After her death in 1866, he married Frances "Fannie" Floyd-Jones, a daughter of William Floyd-Jones, in 1870.[7]
  • Sarah Eliza Leverich (1843–1851), who died young.[7]
  • James Henry Leverich (1849–1888), who married Mary Eleanor Wilmot in 1876.[7]
  • Matilda Rose Leverich (1852–1911), who married Dr. Theodore Dwight Bradford.[7]
  • William Edward Leverich (1857–1858), who died young.[7]

He died at his home in Union Place on January 10, 1876.[8]

References

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  1. ^ Henry W. Domett, A History of The Bank of New York 1784 - 1884, New York, NY: G. P. Putnam's Sons, 1884, p. 103
  2. ^ a b c d e f Texas Archival Resource Online
  3. ^ a b c d e f g William Kauffman Scarborough, Masters of the Big House: Elite Slaveholders of the Mid-nineteenth-century South, Baton Rouge, Louisiana: Louisiana State University Press, 2006, pp. 155-156
  4. ^ Scott P. Marler, The Merchants' Capital: New Orleans and the Political Economy of the Nineteenth-Century South, Cambridge, England: Cambridge University Press, 29 Apr 2013, p. 110
  5. ^ Warren, Gorham & Lamont, Incorporated, 1864, The Bankers Magazine, Volume 19, p. 531
  6. ^ "Charles P. Leverich Correspondence". findingaids.lib.umich.edu. William L. Clements Library, The University of Michigan. Retrieved 5 December 2024.
  7. ^ a b c d e Smith, Katherine Duncan (1928). The Story of Thomas Duncan and His Six Sons. T. A. Wright, Incorporated. p. 63. ISBN 978-0-608-31956-8. Retrieved 5 December 2024.
  8. ^ "OBITUARY. | CHARLES P. LEVERICH". The New York Times. January 11, 1876. p. 4. Retrieved 5 December 2024.
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