Frederick_N._Lawrence

Frederick N. Lawrence

Frederick N. Lawrence

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Frederick Newbold Lawrence (February 28, 1834 – December 24, 1916) was an American financier who served as president of the Union Club of the City of New York and president of the New York Stock Exchange.

Quick Facts President of the New York Stock Exchange, Preceded by ...

Early life

Lawrence was born on February 28, 1834, in Bayside, Queens. He was a son of Edward Newbold Lawrence (1805–1839) and Lydia Ann (née Lawrence) Lawrence (1811–1879). After his father's death, his mother married her cousin Cornelius Van Wyck Lawrence, who served successively as a U.S. Representative, mayor of New York City, and Collector of the Port of New York.[1] From his mother's second marriage, he had several half-siblings, including Van Wyck Lawrence and James Ogden Lawrence.[2]

He was a descendant of mayor of New York City John Lawrence and John Bowne, both Quakers and pioneer English settlers of Queens. His paternal grandparents were Hannah (née Newbold) Lawrence and merchant John Burling Lawrence,[3] and his maternal grandparents were Anna (née Townsend) Lawrence and Effingham Lawrence.[4] His uncle Effingham Lawrence is known for serving for the shortest term in congressional history, serving for just one day in the U.S. House of Representatives.[5]

Career

After a few years of schooling,[6] he entered the brokerage business at an early age.[3] He was the senior partner in the stock exchange firm of Lawrence & Smith, which dissolved about twenty-five years before his death.[6]

Lawrence was the President of the New York Stock Exchange from 1882 to 1883.[7][8][9] Lawrence was also prominent in Democratic politics and served as Supervisor of the town of Flushing.[9]

During the U.S. Civil War, he commanded the 15th Regiment of the New York National Guard. After being elected a member of the Union Club in October 1881, he served as president from February 13, 1907, until February 14, 1912.[6]

Personal life

In 1855, Lawrence was married to Elizabeth Boyce (1835–1894).[10] Elizabeth was a daughter of Lee Boyce, a merchant from Charleston, South Carolina.[11] In 1847, Lawrence built a mansion in Queens called the Oaks which fronted Oakland Pond in modern-day Alley Pond Park. Today, the neighborhood is known as Oakland Gardens which derives its name from estate.[12] Together, they were the parents of "the four Lawrence sisters, famous for their beauty, who have always been great favorites in society."[13] They were:

His wife died at their residence in Bayside on June 26, 1894.[10] Lawrence died in his townhouse at 57 West 52nd Street, which he had built shortly before his death, on December 24, 1916.[6] He was buried at Lawrence Burying Ground in Bayside.[3]

Descendants

Through his daughter Virginia, he was a grandfather of Elizabeth "Elsie" Lawrence Howland (1885–1973), who married Justice Frederic Kernochan (son of J. Frederic Kernochan and Mary Stuart Whitney Kernochan), in 1910.[26][27]


References

  1. Thompson-Stahr, Jane (2001). The Burling Books: Ancestors and Descendants of Edward and Grace Burling, Quakers (1600-2000). Jane K Thompson. p. 518. ISBN 978-0-9613104-0-0. Retrieved 21 January 2020.
  2. The New York Times, James O. Lawrence Dead, August 5, 1904
  3. Washington, Eric K. (2002). Manhattanville: Old Heart of West Harlem. Arcadia Publishing. p. 27. ISBN 978-0-7385-0986-0. Retrieved 21 January 2020.
  4. James R. Hansen (8 May 2014). A Difficult Par: Robert Trent Jones Sr. and the Making of Modern Golf. Penguin Publishing Group. pp. 387–. ISBN 978-0-698-15700-2.
  5. "DIED" (PDF). The New York Times. 28 June 1894. Retrieved 21 January 2020.
  6. "THE OBITUARY RECORD; Mrs. Elizabeth Boyce Lawrence" (PDF). The New York Times. 27 June 1894. Retrieved 21 January 2020.
  7. "Mrs. Charles H. McKinstry" (PDF). The New York Times. 12 January 1920. Retrieved 21 January 2020.
  8. "Frank Worth White" (PDF). The New York Times. 19 January 1887. Retrieved 21 January 2020.
  9. "Society Topics of the Week" (PDF). The New York Times. 11 December 1892. Retrieved 21 January 2020.
  10. "MRS. J. HENRY ALEXANDRE DEAD". New-York Tribune. 4 January 1906. p. 7. Retrieved 21 January 2020.
  11. "James Henry Alexandre". The Sun. 2 July 1912. p. 11. Retrieved 21 January 2020.
  12. "Died" (PDF). The New York Times. 6 January 1891. Retrieved 21 January 2020.
  13. "Judge Kernochan Weds Miss Howland" (PDF). The New York Times. 27 January 1910. Retrieved 21 January 2020.
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