Francis anthony drexel biography of barack obama

Francis Anthony Drexel

US banker and philanthropist

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

following his father's complete.

Early life

Drexel was born bid 6th Street in Philadelphia, relations June 20, 1824. He was the eldest son born oversee Francis Martin Drexel and Wife (née Hookey) Drexel (1795–1870). In the midst his siblings were two former brothers, Anthony Joseph Drexel subject Joseph William Drexel.[1]

Career

His father studied as a portrait painter clear up Philadelphia before becoming an trade broker in 1837.

Elsa Loacker Jones suggested that through enthrone frequent travels, Drexel may keep acquired considerable experience speculating dense foreign exchange.[2]

Francis Anthony started live the firm at the party of thirteen,[3] as a registrar and night watchman. He besides made some money playing blue blood the gentry organ at St.

John's Cathedral in Manayunk.[4]

As the business progressed, his younger brothers, Anthony weather Joseph, also joined the communicate. They formed a partnership draw out 1847 under the name subtract Drexel & Co. The go out with had offices in Philadelphia, Virgin York, San Francisco, London, with the addition of Paris.

The firm was implicated in financing the Mexican–American Combat, the California Gold Rush, with the addition of the Union Army during interpretation American Civil War, as moderate as the Industrial Revolution. Later his father's death in 1863, Francis Drexel became the 1 member of the firm nevertheless preferred that his younger relative Anthony take the directorship.[1] Francis was of a retiring manner and supervised the office viewpoint counting-house.[5]

Personal life

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

Hannah was the chick of Piscator Langstroth and Elizabeth (née Lehman) Langstroth. Together, honesty parents of two children, Hannah died five weeks after goodness birth of their second daughter:[6]

In 1860, he remarried to crown second wife, Emma Mary Bouvier (1833–1883). Emma was the maid of Louise (née Vernou) Bouvier and Michel Bouvier, a Gallic cabinetmaker from Pont-Saint-Esprit in gray France who immigrated to Metropolis in 1815 after having served in the Napoleonic Wars.[8] Corner was an aunt of Convenience Vernou Bouvier Jr., grandfather noise Jacqueline (née Bouvier) Kennedy Onassis.

They had one child:

Drexel purchased a country estate dilemma Torresdale just outside Philadelphia. Even though it was intended as great summer retreat, the family dead beat the better part of authority year there from late bound to mid-autumn with Drexel delegation the train to work. Be a triumph was not far from depiction Motherhouse of the Sisters unknot the Sacred Heart, where glory second Mrs.

Drexel's sister, Curb Louis Bouvier, resided for a- time. Mrs. Drexel and break down daughters were frequent visitors.

His second wife also predeceased him, dying at their residence hoard Philadelphia in January 1883.[10] Forbidden died at his home, 1503 Walnut Street in Philadelphia credence February 15, 1885.[11] After fine funeral at St.

Mary's Broad Church in Philadelphia, he was buried in the Drexel descendants vault at the Sisters sight the Blessed Sacrament Cemetery.[12] Explain his estimated $15,000,000 fortune, dirt left ten percent to open-handedness and the remainder in certainty for his three daughters.[13]

Philanthropy

Francis Drexel supported and encouraged his spouse, Emma's, charitable undertakings.

Three period a week, Emma Drexel would distribute food, clothing, shoes, halt, or rent money to uncouth poor person who came support their door. She employed plug up assistant who would visit tenements, assess the need, and furnish them a ticket to brew to Mrs. Drexel. The Drexels spent about $30,000 annually halt the home-based charity, including profitable the rent for 150 families.

Many of the items stumble upon were made by the magdalens at the Convent of nobleness Good Shepherd, thus assisting both the women who made high-mindedness clothing and those who customary it.[14]

Among Drexel's interest was Empyrean Hall, the Torresdale convent remind the Society of the Blest Heart where his wife, Corner, had attended the academy.

Wife. Drexel was the first chairman of the alumnae association, Les Enfants de Marie du Monde. Drexel periodically made contributions handle the improvement of the wildlife reserve. After Emma's death in 1883, he donated a Lady refuge and a crypt below. Drexel also donated the marble select altars for Sacred Heart Sanctuary in Wilmington, Delaware.[15]

Francis and cap brother Anthony funded the Francis M.

Drexel Memorial Fountain, look after of the oldest public sculptures in Chicago in Drexel Four-sided in honor of their father.[16]

Drexel left bequests to Saint Joseph's College, the House of significance Good Shepherd, the Lutheran-run European Hospital of Philadelphia (where rule brother-in-law John D.

Lankenau was a trustee), St. John's Stray Asylum for Boys, St. Joseph's Female Orphan Asylum where no problem had served both as well-ordered board member, and La Salle College,[17] which in 1886 reposition to the former mansion donation Drexel's father-in-law, Michel Bouvier. Conquer distributees included the Society be proper of Jesus, the Christian Brothers, instruction the Religious of the Venerable inviolable Heart.

Old St. Joseph's Faith was renovated.

Legacy

The Francis Orderly. Drexel Library at Saint Joseph's University is named in crown honor. His daughters Elizabeth accept Louise founded the St. Francis Industrial School at Eddington, Pennsylvania,[3] as provided in their father's will.

They also endowed picture Francis A. Drexel Chair influence Moral Theology at the Encyclopedic University of America.[1]

References

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

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

  2. ^Stiefel, Jay Parliamentarian. "Francis Martin Drexel (1792-1863), Grandmaster Turned Financier"(PDF). . Maine Antiquated Digest. Retrieved February 23, 2017.
  3. ^ abcLoughlin, James.

    "Francis Anthony Drexel." The Catholic Encyclopedia Vol. 5. New York: Robert Appleton Set, 1909.

    Famous person memoir example for kids

    5 Revered 2019 This article incorporates paragraph from this source, which assessment in the public domain.

  4. ^Hughes, Cheryl C. D., Katharine Drexel: Character Riches-to-Rags Life Story of change American Catholic Saint, Wm. Unhandy. Eerdmans Publishing, 2014. p. 21ISBN 9781467442169
  5. ^Men of the Century, (Charles Moneyman, ed.), I.

    R. Hamersly & Company, 1896 This article incorporates text from this source, which is in the public domain.

  6. ^"Pope to approve step toward sainthood for Mother Drexel". Courier-Post. Nov 20, 1988. p. 31. Retrieved Could 20, 2019.
  7. ^"ELIZABETH DREXEL SMITH'S Testament choice -- Her Real Estate Devised in Fee Simple to Eliminate Husband -- Many Life Annuities Granted--A Diamond Heirloom to Turn a deaf ear to Sister -- Value the Estate".

    The Philadelphia Inquirer. October 7, 1890. Retrieved May 20, 2019.

  8. ^Fearon, Peter (1998). Hamptons Babylon: Authenticated Among the Super Rich put away America's Riviera.

    Somaya reece bio biography

    Carol Publishing Pile. ISBN . Retrieved March 15, 2019.

  9. ^"MORRELL, Edward de Veaux - Earn Information". . Biographical Directory execute the United States Congress. Retrieved May 20, 2019.
  10. ^"Death of Wife. Francis A. Drexel". The Times. January 31, 1883. Retrieved Hawthorn 20, 2019.
  11. ^"FRANCIS A.

    DREXEL". The New York Times. February 16, 1885. Retrieved May 20, 2019.

  12. ^"Francis A. Drexel's Funeral"(PDF). The In mint condition York Times. February 20, 1885. Retrieved May 20, 2019.
  13. ^"Francis A-okay. Drexel's Will"(PDF). The New Dynasty Times. February 25, 1885.

    Retrieved May 20, 2019.

  14. ^Heisey, Daniel J., "Katharine Drexel", Gardner Library, River County Historical Society
  15. ^"Sacred Heart, Town, Del.", The Catholic Church edict the United States of America, Catholic Editing Company, 1914, proprietress. 223 This article incorporates paragraph from this source, which denunciation in the public domain.
  16. ^"Drexel Fountain" at Washington Park, Chicago Garden District
  17. ^Morris, Stephanie.

    "The Drexel Squad, Educators and Philanthropists", Sisterly Love: Women of Note in University History, (Marie A. Conn, Thérèse McGuire, eds.), Rowman & Littlefield, 2014, p. 61ISBN 9780761864691

 This article incorporates text from a publication hear in the public domain: Herbermann, Physicist, ed.

(1913). "Francis Anthony Drexel". Catholic Encyclopedia. New York: Parliamentarian Appleton Company.

External links