USA > New Hampshire > Sullivan County > Newport > The history of Newport, New Hampshire, from 1766 to 1878 > Part 25
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Alice Maud, b. April 29, 1863. Prescott Hartford, b. Mar. 16, 1869. Reginald Rowan. b. June 26, 1871. Grafton MeAllaster, b. July 14, 1875.
304
HISTORY OF NEWPORT.
BENNETT.
LEVI BENNETT, a miller and farmer, b. Oct. 27, 1816, at Canterbury ; came from Tilton to this town in May, 1869, and, in connection with William Woodbury, purchased the village grist-mill, the firm doing a thriving business. He m., June 2, IS42, Eliza M. Rogers, of Northfield ; m., 2d, Mar. 2, 1875, Arzelia Whipple, dau. of Abner Whipple ; r. at the Whipple place on East mountain.
Ellen M., b. July 1, 1844 ; m. Dr. J. C. Foster, of Canterbury.
Frank D., b. Apr. 11, 1846; m. Nellie Currier, of Gilmanton ; r. at Manchester.
Emma F., b. Feb. 17, 1858.
BINGHAM.
ALLEN W. BINGHAM, b. Feb. 28, IS25, at Lempster ; was for several years here engaged at tanning with Jabez Thomp- son, a brother-in-law, at the upper tannery. He went from this town to Pottsville, N. Y., but returned to Lebanon, in this state ; now r. at Bristol ; m., Apr. IS, 1849, Elvira F. Thomp- son, dau. of Moses Thompson, of this town, b. Dec. 19, IS26.
Edward Allen, b. Jan. 26, 1850; a tinsmith; m., Mar. 6, 1878, Iva B. Underhill, of Concord; r. at East Boston, Mass.
Fred (twin), b. July 7, 1852 ; a tinsmith ; m., Sept. 1, 1874, Lizzie L. Morse, of Bristol ; r. at Bristol.
Frank (twin), b. July 7, 1852 ; a harness-maker; r. at Bristol.
Hattie }., b. Jan. 17, 1860. V. Maud, b. Oct. 2, 1864. Mary E., b. May 25, 1868.
BLAKE.
JONATHAN BLAKE, a stone-mason, b. June 4, IS17, at Hamp- ton ; came to this town from Newburyport, Mass., in 1859 ; m. Hannah Thompson ; m., 2d, Emily M. Hay ; m., 3d, Philinda F. Alexander.
Frank P., b. Nov. 11, 1853. Annah L., b. Dec. 26, 1855.
Horace B., b. June 10, 1859. Francis, b. Sept., 1860.
Emily M., b. Apr. 18, 1863. Charles, b. Jan. 11, 1868.
Ernest, b. Nov. 11, 1873 ; d. Feb., 1876.
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GENEALOGY.
BLOOD.
JOEL BLOOD, a tanner, s. of Lemuel Blood, b. Sept. S, 1835, at Goshen ; came to this town in IS58 ; m., Dec. 25, 1854, Me- lissa Graves, dau. of Benjamin Graves, of Unity. His father had twenty-three children, and his wife's father had twenty- one. It may be safely affirmed that this couple have more brothers and sisters than any other in town-forty-four in all. Addie M., b. July 5, 1859. Hallie }., b. Dec. 8, 1867.
MOODY E. BLOOD, a joiner, a brother of Joel, b. Nov. 28, 1837 ; came here in IS66; lives on the C. C. Winter place in the south part of the village. He had been seven years in the lumber trade in California. M., Jan. 22, 1867, Harriet L. Reed, dan. of Andrew J. Reed.
W'illie R., b. Sept. 10, 1869.
Carrie B., b. Aug. 9, 1873.
BOARDMAN.
FRANCIS BOARDMAN, b. in ISI0, a native of Lyndeborough : came to this town, with his family, from Francestown, in the fall of 1839. He has been engaged in various kinds of business ; served as deputy sheriff several years ; chairman board of se- lectmen six years,-1860-62, 1864, 1875, and 1876; served as assistant assessor of internal revenue for the third collection district of New Hampshire eight years. and was elected county commissioner in 1876. Married Sarah E. Bradford, dau. of Rev. Moses Bradford, of Francestown, who died in I845 ; m., 2d, in 1849, Susan J. Hazen, of Norwich, Vt., b. IS25. Had two ch. by first wife.
JAMES HENRY BOARDMAN, s. of Francis Boardman, b. Aug. 6, 1831. at Francestown ; was educated at Newport academy ; merchant in Keokuk, Iowa ; m. Anna Kelsey, of Chicago. Ill. ; has two daughters.
MOSES BRADFORD BOARDMAN, S. of Francis Boardman, b. at Francestown, May 25, 1833 ; fitted for college at Kimball Union Academy, and graduated at Amherst college, in the class of 1860 ; 20
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HISTORY OF NEWPORT.
studied two years at the Union Theological Seminary, New York, and one year at the Andover Theological Seminary, graduating in the class of 1863. Ordained and installed at Lynnfield Centre, Mass., as pastor of the Evangelical Congre- gational church, Oct. 1, 1863 ; dismissed, Nov. 7, 1870, to ac- cept a call to Brimfield, Mass., where he was installed Dec. I , IS70. He afterwards travelled in Europe. Married Ellen E. Barbour, of Harwinton, Conn. ; had three sons and one daughter.
BOWMAN.
ABIATHAR BOWMAN, one of our most substantial farmers. re- . markable for his tenacious memory and sound judgment, was a native of Lexington, Mass., b. Feb. IS, 1759. At the age of 16 he became a soldier in the Revolution, in company with his father, Capt. Jonas Bowman. They removed to Henniker, N. H., and from thence Abiathar came to this town, Apr. 1, 1796, and settled on the H. Sprague farm, in the west part of the town, now occupied by William O. Chapin, where he d. Apr. 2, IS34. He m. Thankful Rice, of Henniker, b. Mar. 31, 1764, who d. July 6, 1834.
Lovell, a clothier, b. Aug. 5, 1783 ; d. Oct. 24, 1831; m. Betsey Perry. Zadoc, a farmer, b. Feb. 12, 1785 ; d. Nov., 1838; m., Oct. 30, 1807, Anna Hurd.
Azuba, b. May 2, 1787 ; d. 1831 ; m. Samuel Church, Jr.
Jabez, a farmer ; b. Oct. 18, 1789; d. Dec. 17, 1843.
Asenath, b. Jan. 24, 1791 ; d. Apr. 20, 1868 ; m. Thomas Wait.
Zilpha, b. Dec. 6, 1793; d. Mar. 12, 1829; m. Hon. Jeremiah D. Net- tleton.
t Brooks, b. Aug. 9, 1795 ; d. Oct. 28, 1863.
Abijak, a merchant; b. Oct. 25, 1797 ; d. June 28, 1831.
Nabby, b. Aug. 20, 1799.
Bela, b. Apr. 6, 1801 ; d. Mar. 2, 1828 ; a physician ; studied his pro- fession with Dr. Adams, of Barton, Vt. ; graduated at Dartmouth Medical College, and settled at Glover, Vt.
Sally, b. Apr. 20, 1803.
Abiathar, b. Mar. 6, 1804; d. Sept. 28, 1825.
Ruel R., a farmer, b. Oct. 30, 1806; m. Hannah M. Goodwin; r. at' Claremont. Ch., Selwin R.
BROOKS BOWMAN, s. of Abiathar, a physician ; studied his profession in Canada ; attended Dartmouth Medical College, and became eminent in his profession in Canada and at the West ; m. Eliza Ward, of New York.
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GENEALOGY.
Abiathar and Ruel R., d. in early manhood.
Mary E., m. W. G. Miller, D. D., of Milwaukee, Wis., a presiding elder, and the author of " Milwaukee Methodism."
Laura E., m. Hon. Cushman K. Davis, of St. Paul. Minn., a distin- guished lawyer, who was general's aid during the Rebellion, and governor of the state in 1873 and 1874.
BAXTER BOWMAN, a brother of Abiathar, lived on the J. Ba- ker farm in the west part of the town ; moved to Claremont.
BOWERS.
SHEPHERD L. BOWERS [see Lawyers], m., Sept. 28, 1859, Thankful M. Newell, who d. Apr. 16, 1862 ; m., 2d, Dec. S, 1870, Susan E. Cofran, dau. of Nathaniel T. Cofran, of Goshen, b. Dec. 15, 1844.
John, b. Apr. 11, 1862 ; d. young. John Arba, b. Mar. 2, 1872.
Lena May, b. June 24, 1874 ; d. Sept. 18, 1875.
Harry Natt, b. Sept. 21, 1876.
BOYD.
ALEXANDER BOYD [see Physicians], m., Dec., 1816, Mar- garet Claggett, dau. of Wentworth Claggett, b. Oct. 19, 1791 ; m., 2d, Dec. 12, 1839, Rebecca Claggett, a sister of his former wife, b. Nov. 20, ISoo.
Alexander, b. Sept. 5, 1817 ; d. 1836.
Margaret, b. Sept. 8, 1820 ; d. 1834. Jane, b. Jan. 5, 1823 ; d. Nov. 13, 1839. Harriet, b. Feb. 21, 1840 ; d. Mar. 19, 1841.
BRECK.
JAMES BRECK, b. at Boston, Mass. ; came to Croydon in 1804, and engaged in trade at the Flat, where he had a success- ful business. While there he was one of the most prominent and influential citizens of the town. He was one of the select- men five years, and a representative in ISIo and 'II, and again in 1813 and '14. He came to Newport in IS16, and erected the building now standing at the south corner of Elm and Main streets for a store. where he had a thriving business, and accu- mulated one of the largest fortunes then in town. While here he was a leading man in all public enterprises, in trade, in pol-
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HISTORY OF NEWPORT.
itics, and in the religious society to which he belonged. He was a selectman seven years, and a representative in 1822 and 1836. He was a trustee of the Newport academy. In connection with Josiah Forsaith, he built the Eagle hotel, which for many years was the most fashionable house in the county, and added much to the attractions of the village. He was one of the com- mittee in the erection of the present South Church edifice. From this town he removed to Rochester, N. Y., where he d. at an advanced age in October, 1871. In ISII, he m. Mar- tha Burr, dau. of Capt. Martin Burr, of Croydon. In 1861 they had a brilliant golden wedding.
Martin Burr, b. Oct. 15, 1812, was educated at the common schools and at Newport academy, after which he turned his attention to trade. He remained in his father's store until he had attained to his majority. He was afterwards in trade in Croydon and in Bos- ton, but soon removed to Rochester, N. Y., where he had a suc- cessful mercantile career, and where he remained until his death, which occurred Oct. 26, 1876. He m., in 1838, Mary Faxon, of Newport, who d. Aug. 22, 1840, aged 27 years; m., 2d, in 1846, Susan E. Waters, of Rochester. Had three daughters, one of whom m. James H. Kelley, and another, David Hoyt.
Margaret Ann, b. April 24, 1814; was well educated, and had a taste for literature. In 1837, m. H. H. Perkins. and removed to St. Croix Falls, Wisconsin, where he d. in 1850, leaving three children. The eldest dau. m. W. D. Webb, attorney at Minneapolis, Minn. The son, James B., graduated at the Rochester University, after which he travelled in Europe.
William, b. Dec. 14, 1816. Had his preparatory training at Kimball Union Academy, and was graduated at Dartmouth college in the class of 1838, after which he turned his attention to the law. On being admitted to the bar, commenced the practice of his profes- sion at Rochester, N. Y. He was appointed a consul to China in 1866, and for several years, with his wife, enjoyed a residence in the Celestial Empire. On his return, since the close of the Civil War, he has been a planter in Miss. He m. a Miss Williams, of Boston.
James had his preparatory training at Kimball Union Academy, and was graduated at Dart. Coll. in 1842. He studied law, and being admitted to the bar, removed to Chicago, Ill., where he has since been in practice. He had a taste for literature, and was an ad- mirer of the older poets.
Mary, the second dau., r. at Rochester, N. Y.
Francis, the fourth son. is a successful merchant in Cal. ; has been m. twice ; has one child.
Martha, the third dau., m. Wm. F. Cogswell, a lawyer; r. at Roches- ter, N. Y. ; has five children.
Samuel, the fifth son, a merchant in Cal. ; is m., and has a family of six children.
Ellen, the fourth dau., r. at the homestead at Rochester, N. Y.
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GENEALOGY.
George, the youngest son, is the superintendent at the city hospital at Rochester, N. Y. ; m., and has one child.
Emma, the youngest dau., m. Geo. W. Richardson, a successful mer- chant in the city of New York.
BRICKETT.
JAMES BRICKETT, a hatter ; s. of James and Anna (Wheeler) Brickett ; b. March, ISO6, came to this town from Hampstead, his native place, and was in business with Amos Little, a brother-in-law. He was a successful business man. He mov- ed to Claremont, where he d. in 1862. He m. Abigail Emer- son, of Hampstead ; m., 2d, Mary Clark Smith, of Hamp- stead. Had a family of children. all of whom d. young.
MOODY ILILL BRICKETT, a brother of James, b. Oct. 10. IS13; came to this town in 1831, and was engaged with Little & Brickett in the hat business. He has since been at Ware, Mass., and Derry, this state. He now r. at Haverhill, Mass. M., March 14, IS39, Laura A. Putnam, of Hampstead.
James Thorndike, b. April 5, 1842: killed on railroad in 1877; m. Mary F. Parker, of Groveland, Mass.
Albert Cushing, b. July 15, 1844; m. Anna R. Adams, of Haverhill, Mass. ; has two children.
Calvin Webster, b. Dec. 24, 1856; m. Anna Furbush, of Elliot, Me.
BROWN.
DAVID BROWN, b. Feb. 29, 1748 ; m. Abby P. Fuller, Jan. IS, 1769, who died Apr. 15, 1796. He came to town in 1775.
Betty, b. May 18, 1771. Catherine, b. Dec. 9, 1773.
Joseph, b. Jan. 14. 1775. Molly, b. Apr. 14, 1776. David, b. July 14, 1779 ; d. young. Abigail, b. July 23, 1781.
David, b. Mar. 23, 1783. Amos, b. Aug. 6, 1785.
JONATHAN BROWN, a native of Boscawen, lived and died on the B. Reed farm, on the Unity road, now occupied by Curtis Kelsey : m., Feb. 19, 1777, Sarah Emery, who d. Apr. 17, 1836. He d. July 26, 1817. At their wedding the whole town was invited : and two sleighs-all there were in town-and twenty- four ox-sleds, conveyed the guests.
Ruth, b. Apr. 9. 1778 : m. Jonathan Sleeper. Mary, b. June 16, 17So. Sally, b. Jan. 2, 1783.
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HISTORY OF NEWPORT.
Judith and Abigail (twins), b. Nov. 28, 1784; d. young. Jonathan, b. Jan. 12, 1786; d. Jan. 24. 1850; m. Irene Way. Abigail. b. June 20, 1788 ; m. Leonard Pike.
Judith, b. Aug. 20, 1790; mn. Elisha Gee.
tNathan, b. Sept. 12, 1792.
NATHAN BROWN, S. of Jonathan Brown, farmer, b. Sept. 12, 1792 ; d. Oct. 11, 1846 ; lived at the homestead on the Unity road. M., Oct. 21, 1816, Matilda Chase, of Unity, sister of Hon. Virgil Chase, of Goshen, b. Apr. 13. 179S ; d. Jan. 27, 1825. He m., 2d, Mar. 1, 1831, Mrs. Sally Durgin, of West Fairlee, Vt., who d. May 16, 1861, aged 57.
Horace C., b. Oct. 17, 1817; m. in Michigan. Started for Oregon, overland ; not heard from since. It is supposed he was murdered by the Indians.
Mary M. C .. b. Oct. 29, 1819; d. Oct. 5, 1826.
Francis, b. Feb. 14, 1822 ; m. Mary J. Parker, of Danville ; r. at Low- ell, Mass., where he is a painter.
+ Nathan T., b. Apr. 2, 1833.
+ George IT'., b. May 10, 1835.
Alonzo, b. May 16, 1837 ; d. Mar. 28, 1840.
Mary M., b. Apr. 18, 1839; d. young.
Sarah A., b. Apr. 17, 1842 ; d. at 14.
NATHAN T. BROWN, s. of Nathan Brown, b. Apr. 2, 1833 ; a tanner ; was a sergeant in the company of Capt. J. W. Putnam, of Croydon, during the Rebellion ; was in the Burnside expe- dition, and at the fall of Vicksburg. He was appointed mas- ter's mate in the navy, and ordered to the Mississippi squadron, where he served until the close of the war. M., Aug. 12, 1860, Rhoda J. Whittaker, of Goshen, b. Aug. 21, 1838.
Arthur, b. May 26, 1861 ; d. young. Alice f., b. July 29, 1862. Susie A., b. Aug. 28, 1870.
GEORGE W. BROWN, s. of Nathan Brown, b. May 10. 1835. At 15 ran away, and footed and begged his passage to Boston, and there went on board a ship as cabin-boy. At the end of five years, after filling various positions, was placed in com- mand of a vessel, of three hundred tons, trading with South America. In July, 1860, having volunteered, was appointed master in the navy ; commanded a vessel during the bombard- ment of Forts Jackson and St. Philip's ; was one of the fleet with Gen. Sherman at Vicksburg; conveyed Gen. Grant to
3II
GENEALOGY.
Vicksburg when he took command ; was with the Mississippi squadron until 1864, when he was ordered to the South Atlan- tic, where he remained until 1866, when he was discharged. He was appointed assistant assessor of internal revenue at Brooklyn, N. Y., June 19, 1869. He fitted out several cargoes for the Cubans during their strife, and a line of steamers be- tween New York and Washington. Married Mary E. Stain- burn, of N. Y.
George T., b. Oct. 16, 1860.
Grace S., b. Nov. 7, 1866.
JOHN BROWN, b. Sept. 12, 1772, in Massachusetts : came from Unity to this town when 10 years of age, and spent the re- mainder of his minority with Christopher Newton ; m. Phebe Wilmarth, b. Feb. 7, 1770, a sister of Daniel, Sen., and lived on the M. Hurd farm on the Unity road.
Eunice, b. June 2. 1795 ; m. Edward Hall.
Olive, b. Oct. 16, 1796; d. young.
Richard, b. Apr. 6, 1799; m. Lucinda Travers.
John Gilbert, b. May 20, 1802. Maria, b. June 25, 1804 : d. at 20. Josiah Dana, b. Dec. 21, 1806; m. Martha Hall, of Croydon.
+ Charles K., b. Nov. 22, 1810. Seth P., b. Jan. 16, 1815.
CHARLES K. BROWN, S. of John, m., Jan. 19, 1832, Nancy Baker, b. July 17, 1S10. Was absent several years, residing in Wilmot.
+Calvin M., b. Feb. 1, 1833. Roxana S., b. Sept. 17, 1834. Nathan H., b. Dec. 5, 1836; m., Dec. 4, 1864, L. F. Harvey ; r. at Wilmot.
Isabel M., b. Dec. 2, 1849.
Emma A., b. Aug. 21, 1857.
CALVIN M. BROWN, S. of Charles K. Brown ; m., May 10, IS54, Aura F. Gillet ; m., 2d, Aug. 24, 1871, Isabel Fraser. He is a blacksmith, and an ingenious mechanic.
Lora F., b. Feb. 1, 1856. Edgar P., b. Jan. 18, 1860. Charles E., b. Aug. 22, 1863. Eltha Nona, b. June 22, 1873.
THOMAS BROWN, came from Concord, Mass., to Newport in 1797. and settled on the Rand farm. Married Anna Cutler, of Carlisle, Mass.
Anna, m. Lovell Wheeler. Abigail, m. Alden Chase, Croydon JMary, m. John Fullington, Cambridge, Vt.
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HISTORY OF NEWPORT.
Hial, m. Sally Batchelder, of Sunapee; ch., Martin V., who m. Mrs. Delia Webber.
Edward, m. Martha Blodget, of Boston.
Florilla, m. John Brush, Cambridge, Vt.
THOMAS BROWN, the second Baptist minister, lived on the Benjamin Hastings farm ; came here from Calais, Vt., in 1806, and left in 1813. Ch., Betsey; Phebe, m. Leonard Richards ; Russell; Lydia, m. Chauncy Wakefield ; Lucy; Samuel.
SIMON BROWN. [See Press, pages 61 and 62.]
GEORGE R. BROWN. [See Lawyers, p. 196.]
JAMES H. BROWN, S. of Aaron and Eadey (Watts) Brown, b. Feb. 23, 1840, at Acworth ; came to this town in 1871, and was for a time in the hardware trade with Frank A. Sibley. Having disposed of his interest in this business, he, in 1873, purchased the Phenix hotel, which had previously been kept by Calvin H. Whitney, where he has since been a successful landlord. The house was nearly new, having all the appoint- ments of a modern hotel. Since its purchase he has expended some $2,000 in adding to its accommodations and attractions. He was educated at Alstead and Marlow academies, and was a successful teacher in Acworth and Walpole. He is a brother of George R. Brown.
HOLLIS J. BROWN, s. of Nathaniel, b. March 26, 1835 ; a farmer ; m. Mary Davis, of Sutton, N. H.
George, b. Feb. 11, 1864. Fred, b. Dec. 7, 1869.
Nettie, b. July 14, 1867.
BURKE.
EDMUND BURKE. [For sketch and family, see Lawyers.]
MARTIN W. BURKE, a clothing merchant ; b. Nov. 23, 1827, at Boston; came here in 1867, and bought out the cloth- ing department in the Richards store. He subsequently moved his goods to Eagle block, where he carried on business until 1878. He was an active worker in the Labor Reform move-
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GENEALOGY.
ment, and was a member of Gov. Weston's staff. Married Mary M. Richards, of Dedham, Mass., b. March 3, IS37.
Isabel, b. May 23, 1857. Edmund C., b. Aug. 9, 1859. Franklin, b. Nov. 21, 1871 ; d. July, 1872.
Josephine R., b. July 8, 1875.
BUELL.
The BUELL race in this country has descended from Will- iam Buell, who came from England to this country in 1630, and went with the Rev. Mr. Wareham's party through the wil- derness, and settled at Windsor, Conn., in 1635. Those who have resided in this town, and who were numerous among the early emigrants, came from Killingworth, Conn.
GORDON BUELL, eldest son of Nathan and Thankful (Griffin) Buell, was b. at Killingworth, Conn., Feb. 21, 1752. He was an officer during the Revolution ; served under Gen. Gates, and was at the battle of Saratoga. He was four years in the war, and by his hardships in the service became an invalid for life. He came to this town shortly after the Revolution, and settled in the eastern part of the town, near East Newport, on the C. McGregor farm, now owned by Dr. Thomas Sanborn, where he had some four hundred acres of land, and where he devoted himself to farming. He m., Apr. 10, 1783, Martha Whittlesey, of Saybrook, Conn., b. Feb. 26, 1751-a lady of culture, pos- sessing an active temperament, and intellectual endowments of a high order-who d. Nov. 25, ISII.
Charles Whittlesey, b. Sept. 27, 1784; m., Apr. 2, 1806, Amalinda Al- den. Ch., Cynthia Maria, b. Dec. 26, 1806; Sarah Emeline. t Horatio, b. Jan. 13, 1787.
Sarah Josepha, b. Oct. 24, 1788; m., Oct. 23, 1813, David Hale, Esq. [See notice of Mrs. Hale; also Literature, and Lawyers. ]
Martha Maria, b. Apr. 19, 1793; d. Nov. 25, 1811; unmarried.
HORATIO BUELL, s. of Gordon and Martha (Whittlesey) Buell, was b. at Newport. Jan. 13, 1791. He graduated with honor at Dartmouth college in ISog ; studied law ; was ad- mitted to the bar, and soon after removed to Glens Falls, N. Y., where his commanding talents and rare acquirements soon placed him in the front rank of his profession. He was a man
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HISTORY OF NEWPORT.
of mark and influence in his day ; held in deservedly high con- sideration among those who knew him best ; an active politi- cian, possessing the rare gift of moulding and moving men to his wishes, and having, withal, a high sense of honor and jus- tice to guide and control his mental forces. He was for several years a judge at Glens Falls. He d. at Ballston, Saratoga coun- ty, N. Y., Feb. 27, 1833 ; m., July 4, 1819, Elizabeth, dau. of the late James and Elizabeth (Cameron) McGregor, of Wilton, Saratoga county, N. Y.
t James, b. Mar. 23, 1820.
Horatio Hale, b. July 17, 1821 ; d. Aug. 22, 1821.
Martha Maria, b. Aug. 21, 1822; m., Sept., 1855, Hon. Elias Plumb, of Troy, N. Y. ; d. Jan. 31, 1874.
Elizabeth, b. Mar. 1, 1824; m., Apr. 24, 1851, Austin W. Holden, M. D. Ch., Horatio Buell, b. Mar. 4, 1852 ; Pauline E., b. Nov. 21, 1856, who d. Oct. 30, 1857 ; James Austin, b. Sept. 17, 1861.
JAMES BUELL, s. of Horatio and Elizabeth (McGregor) Buell, of Glens Falls, N. Y., and grandson of Gordon and Mar- tha (Whittlesey) Buell, of Newport, and a nephew of Mrs. Sarah J. Hale, was b. at Glens Falls, Warren county, N. Y., Mar. 23, 1820. At the early age of four years, lost his mother, and when but fourteen years old he was left fatherless. Up to this latter period he had attended the district schools, and hav- ing made good use of his time, and being, besides, an apt, intel- ligent boy, had secured an excellent foundation upon which to build in later years. The interval from his fourteenth to his eighteenth year he spent on the farm of his grandfather, but, having no taste for a rural life, abandoned it to enter a dry goods store in Troy. After a thorough experience as clerk, at twenty-four he entered business for himself in the same city, and for eight years was a successful merchant, acquiring a high reputation for honesty, fair dealing, and sagacious enterprise. At the expiration of this time he was offered, and accepted, the position of cashier of the Central Bank of Troy. In this new field of duty, his special talent for finance was for the first time afforded proper scope for exercise and development. His con- nection with this financial institution lasted five years, when he received an invitation to go to the city of New York, and fill a similar position in the Importers and Traders Bank. He
James Bu
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GENEALOGY.
accepted the flattering invitation, and in 1857 entered upon his duties, succeeding Mr. George R. Conover. In this enlarged sphere, Mr. Buell displayed a profound knowledge of monetary processes, and a keen insight of commercial affairs. He labored zealously and diligently to promote the interests of the bank, and in 1865, at the end of eight years' unremitting exertion, was unanimously elected president. The Importers and Tra- ders Bank commenced business in 1855. The first president of the institution was Lucius Hopkins, who held the office ten years. Mr. Buell became the next president, and under his management the bank entered upon an era of prosperity almost unexampled. At the time of Mr. Buell's election, the bank possessed $180,000, and the market value of its shares was S per cent above par. During the twelve years of his chief man- agement, the surplus has been augmented gradually. till it now reaches the grand total of $1,608,000. During the same period, the market value of the stock has nearly doubled, while for nearly five years past an annual dividend of 14 per cent. has been paid the stockholders. The capital stock of the bank amounts to $1,Soo,000, and its note circulation, under the na- tional banking act, to about $1, 100,000. A distinctive feature of the institution is its allowance of interest on accounts of banks and bankers. Under this wise system the deposits have reached the enormous aggregate of $18,500,000, an amount greatly in ex- cess of that held by any other bank in the United States. No more marked attestation of Mr. Buell's ability as a financier and ex- ecutive need be adduced than the high degree of prosperity upon which the bank entered immediately after he assumed its man- agement. A strong proof of the economy with which its affairs have been conducted exists in the fact, that upwards of twenty millions of dollars are kept on loan, at a cost, for supervision, security, and selection, which, if computed, would be found not to exceed one fortieth of one per cent. on the aggregate of cur- rent transactions. In 1874, when the demoralized condition of the national currency called imperatively for special legislation, the congressional committee on banking and currency invited Mr. Buell to visit Washington, and unfold his views of a proper remedial policy before that body. In 1875, Mr. Buell's finan- cial plan received the substantial endorsement of incorporation
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