Historical review of Chicago and Cook county and selected biography, Volume III, Part 29

Author: Waterman, Arba N. (Arba Nelson), 1836-1917
Publication date: 1908
Publisher: Chicago, New York, The Lewis publishing company
Number of Pages: 608


USA > Illinois > Cook County > Chicago > Historical review of Chicago and Cook county and selected biography, Volume III > Part 29


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William A. Bond, one of the oldest of the Chicago real estate dealers in length of career, has also been a resident of the city since


WILLIAM A. he was five years of age. He was born in Newark,


BOND. New Jersey, on the 15th of November, '1849, his early education being obtained in the public schools of Chicago and supplemented by academic and collegiate courses at Warrenville and Lake Forest, Illinois. After completing his edu- cation he entered the employ of Hurlbut & Edsall, then the largest wholesale druggists in the west, and at the age of eighteen was the head bookkeeper of the house. Three years in that position brought


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him to his majority, when he entered permanently into the real estate business. His office, which was then at 123 Dearborn street. was destroyed by the great fire of the following year, but, with the per- vading Chicago spirit, he re-established his business, and it has since progressed continuously and successfully ..


In 1874 Mr. Bond spent nearly a year in European travel and study, and as he is quite a linguist (especially proficient in French) he has since made several trips abroad and derived the utmost pleasure and profit from them. During his first stay in London he married Miss Sarah B. Fisher, daughter of Lucius G. Fisher, a prominent business man of Chicago. They have become the parents of two sons and three daughters, the eldest, William Scott, having for many years been his father's assistant.


Upon his return to Chicago in 1875 Mr. Bond formed a partner- ship with Colonel Henry L. Turner, under the firm style of Turner & Bond, and this business relation existed for seventeen years, when, in 1892, the former purchased his partner's interest. Since that year the firm has been known as William A. Bond & Co. Besides con- ducting a general business, Mr. Bond has made a specialty of the care and development of estates, and for years has had the manage- ment of the large estate of Hon. David Davis, on Thirty-first street. south side. Normal Park owes its name and development to him, and he has negotiated some of the largest transactions in the history of Chicago real estate. among others the sale of the property which is now the site of the Chicago Title and Trust Company, for $525,000.


Mr. Bond was one of the charter members of the Chicago Real Estate Board, having always been active and prominent in its man- agement. In 1893 he was elected president of the board, and during his term of office he went to Springfield and successfully opposed the repeal of the law requiring the consent of property owners to the laying of street railways. He was also one of the promoters of the Torrens law and instrumental in securing its passage. Upon his retirement from the real estate firm of Turner & Bond, Colonel Turner engaged in the publishing business as president of the West- ern Publishing House, and during the life of this corporation Mr. Bond was its vice president. The latter has long been a member of the Union League Club, and for three years served on its board of


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managers ; has also been president of the Revenue Reform League, vice president of the Citizens' Non-partisan Traction Settlement As- sociation, and identified with other public movements. Both himself and family are regular attendants at the South Congregational church.


William D. Kerfoot, the old and well known dealer in real estate, was born on April 16. 1837, at Lancaster, Pennsylvania. His father, WILLIAM D Dr. George B. Kerfoot. was a distinguished physi-


KERFOOT. cian of that district from 1830 to 1851, and honored


as a writer on medical subjects. William D. re- ceived a fair education in the schools of Lancaster, and from 1852 to 1854 applied himself to literary studies at St. James College, Mary- land. On his arrival at Chicago. in 1854. he found employment in the real estate office of James H. Reese, but soon after entered Thomas B. Bryan's office as clerk. At 89 Washington street he es- tablished himself as a real estate and financial agent, and the history of the rebuilding of the city after the great fire is partly a history of Mr. Kerfoot's operations.


One of the first modern office buildings of the city, the Chicago Opera House, was conceived by him and the syndicate organized by him. In the organization of the Real Estate Board he took a most active part. In 1886 he took a decided stand against the policy of the recorder of deeds of Cook county in closing out abstract men, and the same year went before the legislature to promote the bill known as "The Rest of Titles Bill." The drainage question won some at- tention from him early in 1889, and the Torrens system of real estate transfers claimed his study later. From 1877 to the present day George Birkoff, Jr., has been his partner. Prior to that year he transacted business without a partner. Mr. Kerfoot's marriage with Miss Susan B., daughter of William B. Mooklar, of Mason county, Kentucky, occurred in 1865. To them eight children, four sons and four daughters, were born, of whom one son and three daughters are living.


The late Joseph Stockton was a native of Pittsburg, Pennsylvania, born on the roth of August, 1833, being a son of Robert Clarke and


JOSEPH Martha Stockton. He attended the public schools


STOCKTON. of his native city, and when nineteen years of age located in Chicago. His first few years in this city


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were spent in the employ of George A. Gibbs & Co., commission merchants, and later he became a clerk in the office of the American Transportation Company. At the outbreak of the Civil war he was connected with the freight office of the Pittsburg & Fort Wayne road, and was thus employed in 1862, when he enlisted in the First Board of Trade Regiment, which was mustered into service as the Seventy-second Illinois Volunteer Infantry.


General Stockton's military record began in July, 1862, when he joined the regiment named above, being soon afterward promoted to be first lieutenant of his company. He was successively advanced to the ranks of captain, major and lieutenant colonel, his command being attached to the Seventeenth army corps. After the fall of Vicksburg he commanded his regiment; was wounded at the battle of Franklin, Tennessee, and for bravery and skill in the field was finally brevetted colonel and brigadier general.


General Stockton returned to Chicago at the conclusion of the war and engaged in the forwarding and transfer of freight from one part of the city to the other. After 1866 he acted as agent in Chi- cago for the Empire Transportation Company, and up to the time of his death, March 17, 1907, continued to develop a large outside business. To the last he continued stanch in his adherence to Repub- licanism and the heroes of the Civil war. The only political office which he held was as a member of the board of commissioners of Lincoln Park, and while thus serving he organized the movement which resulted in the erection of the grand equestrian statue of General Grant in those beautiful public grounds. General Stockton acted as chief marshal of nearly every Republican procession which passed through the streets of Chicago during his lifetime. He served as chief of staff to General Sheridan on the reception of General Grant on his tour around the world, for General Forsyth in the Garfield memorial procession and for General Miles at the unveiling of the Grant monument at Lincoln Park. He was also chief marshal at the grand World's Fair parade of October, 1892, which was one of the inauguratory features of the World's Columbian Exposition, as well as at the Peace Jubilee parade of 1898.


On February 5, 1865, General Stockton wedded Miss Kate E. Denniston, who died in 1869. A son, John T. Stockton, still survives


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him. His residence was long at No. 567 La Salle avenue. The Gen- eral was essentially a domestic, home-loving man, and was little con- cerned in club life, his identification with the Union League and George R. Thomas Post No. 5, G. A. R., being his main exception to this general rule.


For the past twenty-one years senior member of the real estate firm of Dibblee & Manierre, engaged in a general business in this


HENRY line, Henry Dibblee is a native of New York City,


DIBBLEE. born August 20, 1840. His father, E. R. Dibblee, was a leading dry goods importer of the metropolis, and in private and boarding schools of that city the son obtained his mental training. When he was eighteen years of age he became a clerk in his father's store, and later a partner in the business, con- tinuing in the latter connection until 1872.


Since the latter year Mr. Dibblee has been a resident of Chicago, and in January, 1873, associated himself with William R. and John S. Gould in the foundry and iron business, which was conducted as Gould & Dibblee until 1878. In that year the firm was dissolved, and Mr. Dibblee established himself as a dealer in ornamental iron work, mantels and tiles. He became an importer of the finest English tiles, acted as western agent for leading American manufacturers, and for eight years continued to develop and conduct a large trade in these lines. In 1886 he formed a partnership with George Man- ierre in the real estate business, which has remained intact to the present time.


Besides controlling large real estate interests, Mr. Dibblee is president of the Chicago Auditorium Association, and an influential director of the Chicago Canal and Dock Company. He is also well known in social and outdoor life, being identified with the Chicago, University and Mid-Day clubs, being president of the last named or- ganization. On November 26, 1873, Mr. Dibblee was married to Miss Laura Field, daughter of John Field, of Conway, Massachusetts. and their children are Bertha and Frances F. The family residence is at 1922 Calumet avenue.


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Francis Bolles Peabody, late senior member of the real estate, loan and investment firm of Peabody, Houghteling & Company, was


FRANCIS B. a prominent figure in these fields for some thirty- PEABODY. seven years, having previously practiced law in Chicago for thirteen years and gained a high repu- tation in the line of mortgages and the placing of investments. He was a native of the state of New Hampshire, born at Milford, Hills- borough county, October 27, 1827, the son of Colonel Stephen and Jerusha Pride (Bolles) Peabody. The father was a graduate of Harvard and a lawyer of local repute, he being of the sixtli genera- tion from the American founder of the family, who emigrated from Hertfordshire, England, in 1633, and located in Massachusetts. The family name was variously spelled, in the early days, as Pabody and Pabodie. The mother of Francis B. was the daughter of Rev. Matthew Bolles, a well known Baptist clergyman.


In 1848 Francis B. Peabody graduated from Trinity College, at Hartford, Connecticut, and commenced the study of law at Con- cord, New Hampshire, in the office of Franklin Pierce, afterward president of the United States. He completed his studies at home, was admitted to the New Hampshire bar in 1851 and continued to practice in Hillsborough county until 1852. In the fall of that year he removed to Concord, where he formed a partnership with his brother-in-law, Nathaniel B. Baker, afterward governor of New Hampshire, with whom he was connected until 1854. In that year Mr. Peabody became associated with William E. Chandler (after- ward United States senator and Secretary of the Navy), and the resulting partnership of Peabody and Chandler continued until the removal of the senior partner to Chicago three years later.


In March, 1857, Mr. Peabody removed to Chicago, and was suc- cessively associated with Judge Walter B. Scates, Judge William K. McAllister, Judge Alfred W. Arrington, and Benjamin E. Gallup. The firm last formed as Gallup and Peabody was organized, as were the others with which he had been associated, for the general prac- tice of the law, but the growing demands made by clients for the placing of loans and mortgages became so pressing as to crowd out all other business. In 1865, therefore, the firm abandoned general practice, was dissolved in 1875, and was succeeded by the house of Francis B. Peabody & Company. In 1885 James L. Houghteling


Francis B Pechada


1


1


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was admitted as a partner, the present firm name of Peabody, Hough- teling & Company being thus formed. The style has remained un- changed, although in 1897 William R. Stirling was admitted to par- ticipation in the business and subsequently a son, Augustus S. Pea- body.


Mr. Peabody was an old-time Democrat, and always a leader in reformatory movements, whether national or local in their scope. At various times he was president of the Revenue Reform League, the Tariff Reform League, the Citizens' Association and the Civil Service Reform League. He was a member of the Commercial and Chicago clubs, and served as president of the former in 1898. An adherent to the faith of the Episcopal church since early life, Mr. Peabody was long active in the religious. and philanthropic work of the St. James church of Chicago. He was a member of its vestry and of the standing committee of the diocese, as well as president of the board of trustees of the endowment fund.


On September 20, 1854, Mr. Peabody was married to Miss Har- riet Cutter Ten Broeck, a native of Maine and daughter of Rev. Petrus Stuyvesant Ten Broeck, for many years rector of St. Paul's church, Concord, New Hampshire. Mrs. Peabody died February 13, 1901, and Mr. Peabody in January, 1908. Five children had been born into the household, of whom one died in infancy. The living are as follows: Lucretia, who married James L. Houghteling, of Peabody, Houghteling & Company; Harriet Jessie, widow of Herman B. Butler, formerly vice president of the iron and steel house of Joseph Ryerson & Son; Francis S., president of the Peabody Coal Company, and Augustus S., a lawyer and member of the firm of Peabody, Houghteling & Company.


For the past ten years, or since his admission to the bar, Augustus Stephens Peabody has been associated with the law department of


AUGUSTUS S. Peabody, Houghteling & Co., of which his father.


Francis B. Peabody, was the founder and senior


PEABODY. partner until his death in January, 1908. He him- . self has had a partnership connection since 1903.


Mr. Peabody is a native of Chicago, born December 3, 1873, and has received a thorough and a most liberal education. He attended the Harvard and University schools, Chicago, and the Hill School. of


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Pottstown, Pennsylvania, before entering Yale University, from which he graduated in 1895, and then, entering Northwestern University Law School, he graduated in 1897 as an LL. B. Thus being entitled to practice, he became immediately associated with the legal depart- ment of the firm Peabody, Houghteling & Co., and has since been identified with it as a lawyer and business partner. In his specialty of corporation and real estate law his reputation is substantial and progressive.


In politics, Mr. Peabody is a Democrat, and in religion, an Epis- copalian. His social life is indicated by membership in the following clubs : University, Phi Delta Phi (legal fraternity), Delta Kappa Epsilon, Saddle and Cycle, Onwentsia, Mid-Day and Chicago Ath- letic.


James Lawrence Houghteling, member of the old house of Pea- body. Houghteling & Co. (established in 1865), well known bankers


JAMES L. and dealers in mortgages, as well as other high grade


securities, is a Chicagoan, born November 29, 1855. HOUGHTELING.


He is a son of William De Zeng and Marcia ( Stock- bridge) Houghteling, and received his early education in the public schools of Chicago, his later mental training being pursued in the east. Graduating from Yale College in 1876 (honorary degree of M. A. in 1901). in the following year he began his business career in the Chicago office of the Menominee River Lumber Company. After an experience of two years in that connection he was appointed secretary of the company, and held the position until 1882. As an investor he has always retained large interests in timber and in vari- ous lumbering enterprises, having held numerous offices in these and other industries.


Mr. Houghteling has been a member of the firm of Peabody. Houghteling & Company since 1882, and has been an influential fac- tor in its growth and continued high standing. Two of his three sons. James L .. Jr., and William, are connected with the house, in which three generations are thus active at the present time.


Outside of his business relations. Mr. Houghteling is most promi- nent in Christian work, the Young Men's Christian Association of Chicago being greatly indebted to him for its firm and flourishing status. Of that organization he was for three years president. as


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James L. Honghteling


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PUBLIC


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ASTOR, LENOX AND TILDEN FOUNDATIONS


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well as treasurer for fifteen years. In 1883 he founded the Brother- hood of St. Andrew, the leading young men's society of the Angli- can Communion, and served as its president for the first seventeen years of its existence. In matters of civic reform Mr. Houghteling has also evinced an earnest and practical interest. He was the first chairman of the finance committee of the Municipal Voters' League, and under his vigorous direction was raised the $10,000 which placed that eminently useful organization on a firm foundation.


On September 20, 1879, Mr. Houghteling married Lucretia Ten Broeck Peabody, and to them have been born the following children : Francis Stockbridge, James Lawrence, Jr., Harriot Peabody, Wil- liam, Leila and Margaret Stuyvesant. Mr. Houghteling is identified with the Chicago, University, Commercial, Onwentsia and other clubs, but finds his greatest social enjoyments at his pleasant home in Winnetka.


Frank Gilbert Hoyne, senior member of the real estate firm of Frank G. Hoyne & Co., is a son of Thomas Hoyne, to whom Chicago


FRANK G. is indebted for so much of her progress along the lines of public and higher education.


HOYNE.


Mr. Hoyne was born in Chicago on the 17th of July, 1854, and his entire life has been identified with the city of which his father was a recognized founder. He was educated in the old Palmer Academy and the old Chicago University, and com- menced his business career in 1872 at $5.00 per week with the old stationery house of Culver, Page, Hoyne & Co. In 1886 Mr. Hoyne was appointed United States appraiser at Chicago, serving thus for two terms under President Cleveland, in 1886-90 and 1894-98. In 1889 he associated himself with his brother, Jantes T. Hoyne, and established the real estate firm of Hoyne Brothers, to whose business he later succeeded as sole owner, the present style of the firm name being Frank G. Hoyne & Co. Its transactions are largely devoted to business property and the management of estates.


Mr. Hoyne is one of the early members of the Chicago Real Es- tate Board in length of membership, and served as director from 1903 to 1906, serving as president of the organization in the latter. year. He has always been deeply interested in public affairs, espe- cially in matters which concern property and taxation. In the char-


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ter campaign of 1907 he vigorously opposed the revenue and in- debtedness features of the proposed charter, claiming that, if it were adopted, taxes on real estate would continually increase with the Issue of new bonds at a rate which would be burdensome upon those least able to bear the weight. In a speech delivered before the Asso- ciation of Commerce, during the campaign, he said: "The tax rate, . if the charter should happen to pass, will be, to my mind, excessive and burdensome, and will fall with the greatest weight upon the large majority of our tax payers, the small flat and home owner. The business class and downtown property owner can, to a degree, shift the burden upon the tenant by raising rents, and will, therefore, not suffer in the same proportion as the small owner. The higher you make the tax rate, the lower the income you receive from your property. The less income, the lower the value of your property, and if you are not able to get from your tenants in rents the increase in your taxes, the inevitable result must follow-a depreciation of the city's realty and a reduction, by the board of assessors, of real es- tate values; and again giving our over-alert editors of dailies in others cities, with that sisterly love which they always bear Chicago, a chance to call attention, with their modest headlines, to the fact that Chicago is going backward and its real estate is depreciating in value." As the proposed charter was defeated by an overwhelming majority, the threatened evils, thus forcibly pointed out by Mr. Hoyne, were averted. He was a member of the charter convention appointed by Governor Deneen in 1906, and the position assumed there, as during the campaign of the following year, was decided and consistent.


Mr. Hoyne has long been identified with the First Regiment of the Illinois National Guard, being a private, sergeant and assistant quartermaster in that organization from 1875 to 1880. In the early 'Sos he perfected a sergeant's roll-call book, which is now used by all the regiments of the Illinois National Guard. In ISSo he was ' appointed captain and brigade quartermaster of the first brigade. upon General Torrence's staff, and served as such for four years. Since then he has been a member of the First Regiment Veteran Corps.


On April 24, 1884. Mr. Hoyne married Miss Florence Ashton,


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and their children are as follows: Leonora Temple and Helen Ash- ton Hoyne. Mr. Hoyne is a member of the Art Institute and of the Iroquois (one of the five founders), Chicago Athletic, Press Club, Midlothian Country Club, of which he is a director, and Wausaukee Hunting and Fishing clubs, of which he is also a director. In poli- tics he has always been a conservative Democrat and for many years Mr. Hoyne has been especially prominent in civic affairs and fully represents the spirit of the age.


A prominent real estate dealer and a leading Republican, William Hale Thompson is a native of Boston, Massachusetts, and was born May 14, 1869, the son of William Hale and Me-


WILLIAM H.


dora (Gale) Thompson. As he came to Chicago in


THOMPSON. infancy, he has, for all practical purposes, a life- long identity with the property and public interests of the city. Hc was first educated in its public schools, then entered Fessenden's Pre- paratory School, and rounded a good literary training by a course at the Metropolitan Business College. His broadening and hardening experience in the west was also invaluable, spending, as he did, the outdoor seasons between his fifteenth and twentieth birthdays on the ranches of the Standard Cattle Company in Colorado, Montana and Wyoming, returning each winter to Chicago to attend school. Later, for a period of three years, he managed a ranch in Nebraska, but since his father's death has managed the family estate, as well as his own private interests, and engaged in real estate transactions of a general nature.


Within the past few years Mr. Thompson has become a leader in Republican politics, and of late his name has been mentioned both in connection with the mayoralty and the governorship. He represent- ed the Second ward in the city council in 1900-02, and has served as county commissioner since the latter year. He is a prominent mem- ber of the Hamilton Club, and is especially popular with the younger element of his party. He is also identified with the Chicago Ath- letic, New Illinois Athletic, of which he is president, South Shore Country, Chicago Yacht and Marquette clubs, being a proficient en- thusiast in many forms of athletics and outdoor sports.


On December 5, 1901, Mr. Thompson married Miss Mary Walker Wyse. His residence is No. 92 Twenty-first street, and his real es- tate office is in the First National Bank building.


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Aaron Benedict Mead has the honor of being the senior member of Mead & Coe. now the oldest real estate firm in the city of Chicago.


AARON B. It was formed in January, 1867, at which time he


became associated with the late Albert L.' Coe, and


MEAD. it has, therefore, over forty years of uninterrupted business to its credit.


Mr. Mead is a native of Franklinville, Cattaraugus county, New York, where he was born November 7, 1838, being the son of Merlin and Polly (Clark) Mead. Educated, primarily, in the district school and academy of his native town, in his youth he went to live with an uncle at Waterbury, Connecticut, graduating from the high school of that place at the head of his class. Upon leaving school he was employed in various clerical capacities in Waterbury and Hartford, Connecticut, until the outbreak of the Civil war. In June, 1861, Mr. Mead enlisted in Company A, Fourth Connecticut Volunteer Infant- ry (afterward the First Connecticut Artillery), and was assigned to the defenses about Washington, but on account of a severe attack of pneumonia was honorably discharged from the service in the latter part of 1862.




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