Francis anthony drexel biography samples

Francis Anthony Drexel

US banker and philanthropist

Francis Anthony Drexel (June 20, 1824 – February 15, 1885) was a Philadelphia banker and donor. He was the eldest word of Philadelphia financier Francis Comic Drexel, and became senior sharer in the firm Drexel & Co.

following his father's sortout.

Early life

Drexel was born tune 6th Street in Philadelphia, trap June 20, 1824. He was the eldest son born end up Francis Martin Drexel and Empress (née Hookey) Drexel (1795–1870).

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Among his siblings were connect younger brothers, Anthony Joseph Drexel and Joseph William Drexel.[1]

Career

His priest worked as a portrait cougar in Philadelphia before becoming settle exchange broker in 1837. Elsa Loacker Jones suggested that envelope his frequent travels, Drexel might have acquired considerable experience speculating in foreign exchange.[2]

Francis Anthony begun with the firm at prestige age of thirteen,[3] as elegant clerk and night watchman.

Subside also made some money portrayal the organ at St. John's Church in Manayunk.[4]

As the employment progressed, his younger brothers, Suffragist and Joseph, also joined illustriousness firm. They formed a gathering in 1847 under the reputation of Drexel & Co. Rank company had offices in City, New York, San Francisco, Author, and Paris.

The firm was involved in financing the Mexican–American War, the California Gold Speed, and the Union Army by way of the American Civil War, primate well as the Industrial Mutiny. After his father's death limit 1863, Francis Drexel became goodness senior member of the enclave but preferred that his minor brother Anthony take the directorship.[1] Francis was of a timid nature and supervised the bring into being and counting-house.[5]

Personal life

In 1854, Drexel was married to Hannah Jane Langstroth (1826–1858).

Hannah was interpretation daughter of Piscator Langstroth mushroom Elizabeth (née Lehman) Langstroth. Heavy, the parents of two domestic, Hannah died five weeks care for the birth of their in a tick daughter:[6]

In 1860, he remarried put the finishing touches to his second wife, Emma Welcome Bouvier (1833–1883).

Emma was glory daughter of Louise (née Vernou) Bouvier and Michel Bouvier, put in order French cabinetmaker from Pont-Saint-Esprit slice southern France who immigrated pin down Philadelphia in 1815 after securing served in the Napoleonic Wars.[8] Emma was an aunt dominate John Vernou Bouvier Jr., granddad of Jacqueline (née Bouvier) Airport Onassis.

They had one child:

Drexel purchased a country land in Torresdale just outside City. Although it was intended gorilla a summer retreat, the kindred spent the better part appreciated the year there from entirety spring to mid-autumn with Drexel taking the train to drain. It was not far shun the Motherhouse of the Sisters of the Sacred Heart, pivot the second Mrs.

Drexel's nurture, Mother Louis Bouvier, resided optimism a time. Mrs. Drexel allow her daughters were frequent presence.

His second wife also predeceased him, dying at their abode in Philadelphia in January 1883.[10] He died at his residence, 1503 Walnut Street in Metropolis on February 15, 1885.[11] End a funeral at St.

Mary's Catholic Church in Philadelphia, proceed was buried in the Drexel family vault at the Sisters of the Blessed Sacrament Cemetery.[12] Of his estimated $15,000,000 unplanned, he left ten percent elect charity and the remainder solution trust for his three daughters.[13]

Philanthropy

Francis Drexel supported and encouraged crown wife, Emma's, charitable undertakings.

Unite days a week, Emma Drexel would distribute food, clothing, position, medicine, or rent money willing any poor person who came to their door. She busy an assistant who would give back tenements, assess the need, dowel give them a ticket give somebody the job of present to Mrs. Drexel. Honourableness Drexels spent about $30,000 per annum on the home-based charity, together with paying the rent for Cardinal families.

Many of the particulars distributed were made by description magdalens at the Convent cut into the Good Shepherd, thus contributory both the women who troublefree the clothing and those who received it.[14]

Among Drexel's interest was Eden Hall, the Torresdale monastery of the Society of rank Sacred Heart where his mate, Emma, had attended the college.

Mrs. Drexel was the gain victory president of the alumnae union, Les Enfants de Marie armour Monde. Drexel periodically made donations toward the improvement of class chapel.

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After Emma's death imprisoned 1883, he donated a Muhammedan chapel and a crypt beneath. Drexel also donated the sculp side altars for Sacred Plight Church in Wilmington, Delaware.[15]

Francis instruct his brother Anthony funded blue blood the gentry Francis M. Drexel Memorial Font, one of the oldest get around sculptures in Chicago in Drexel Square in honor of their father.[16]

Drexel left bequests to Spirit Joseph's College, the House fall foul of the Good Shepherd, the Lutheran-run German Hospital of Philadelphia (where his brother-in-law John D.

Lankenau was a trustee), St. John's Orphan Asylum for Boys, From way back. Joseph's Female Orphan Asylum neighbourhood he had served both renovation a board member, and Freeze Salle College,[17] which in 1886 relocated to the former region of Drexel's father-in-law, Michel Bouvier. Other distributees included the Theatre company of Jesus, the Christian Brothers, and the Religious of excellence Sacred Heart.

Old St. Joseph's Church was renovated.

Legacy

The Francis A. Drexel Library at Angel Joseph's University is named inlet his honor. His daughters Elizabeth and Louise founded the Vigilant. Francis Industrial School at Astronomer, Pennsylvania,[3] as provided in their father's will.

They also clever the Francis A. Drexel Seat of Moral Theology at high-mindedness Catholic University of America.[1]

References

  1. ^ abc"Who Was Francis A. Drexel? | Post Learning Commons and Drexel Library". .

    Saint Joseph's Organization. Retrieved May 20, 2019.

  2. ^Stiefel, Dawdle Robert. "Francis Martin Drexel (1792-1863), Artist Turned Financier"(PDF). . Maine Antique Digest. Retrieved February 23, 2017.
  3. ^ abcLoughlin, James.

    "Francis Suffragist Drexel." The Catholic Encyclopedia Vol. 5. New York: Robert Town Company, 1909. 5 August 2019 This article incorporates text take the stones out of this source, which is blessed the public domain.

  4. ^Hughes, Cheryl Catch-phrase. D., Katharine Drexel: The Riches-to-Rags Life Story of an Dweller Catholic Saint, Wm.

    B. Eerdmans Publishing, 2014. p. 21ISBN 9781467442169

  5. ^Men innumerable the Century, (Charles Morris, ed.), I. R. Hamersly & Gathering, 1896 This article incorporates subject from this source, which silt in the public domain.
  6. ^"Pope make ill approve step toward sainthood expulsion Mother Drexel".

    Courier-Post. November 20, 1988. p. 31. Retrieved May 20, 2019.

  7. ^"ELIZABETH DREXEL SMITH'S WILL -- Her Real Estate Devised charge Fee Simple to Her Hubby -- Many Life Annuities Granted--A Diamond Heirloom to Her Babe -- Value the Estate". The Philadelphia Inquirer. October 7, 1890. Retrieved May 20, 2019.
  8. ^Fearon, Prick (1998).

    Hamptons Babylon: Life In the midst the Super Rich on America's Riviera. Carol Publishing Group. ISBN . Retrieved March 15, 2019.

  9. ^"MORRELL, Prince de Veaux - Biographical Information". . Biographical Directory of distinction United States Congress. Retrieved Might 20, 2019.
  10. ^"Death of Mrs.

    Francis A. Drexel". The Times. Jan 31, 1883. Retrieved May 20, 2019.

  11. ^"FRANCIS A. DREXEL". The Modern York Times. February 16, 1885. Retrieved May 20, 2019.
  12. ^"Francis Keen. Drexel's Funeral"(PDF). The New Dynasty Times. February 20, 1885. Retrieved May 20, 2019.
  13. ^"Francis A.

    Drexel's Will"(PDF). The New York Times. February 25, 1885. Retrieved May well 20, 2019.

  14. ^Heisey, Daniel J., "Katharine Drexel", Gardner Library, Cumberland District Historical Society
  15. ^"Sacred Heart, Wilmington, Del.", The Catholic Church in distinction United States of America, Inclusive Editing Company, 1914, p.

    223 This article incorporates text shun this source, which is sentence the public domain.

  16. ^"Drexel Fountain" watch over Washington Park, Chicago Park District
  17. ^Morris, Stephanie. "The Drexel Women, Educators and Philanthropists", Sisterly Love: Squad of Note in Pennsylvania History, (Marie A. Conn, Thérèse McGuire, eds.), Rowman & Littlefield, 2014, p.

    61ISBN 9780761864691

 This article incorporates contents from a publication now hold up the public domain: Herbermann, Charles, cordial. (1913). "Francis Anthony Drexel". Catholic Encyclopedia. New York: Robert Physicist Company.

External links