|Birth: ||Feb. 22, 1850|
Munich (München), Germany
|Death: ||Nov. 2, 1915|
Son of Mayer Rice and Fanny Sohn
- Isaac Leopold Rice, Jr
- Julian Rice
- Muriel Rice
- Dorothy Rice
- Marion Rice
- Marjorie Rice
NY Times, published 11/3/1915
Isaac Leopold Rice, the financier, lecturer, and promoter, who was President and Treasurer of the American Casein Company and heavily interested in a number of others, died late yesterday afternoon in his apartments in the Hotel Ansonia, in his sixty-fifth year. He was also known as an inventor and philanthropist, and on July 13 of this year sold 16,000 shares of the stock of the Electric Boat Company, of which he was president, at a profit of more than $2,000,000.
Mr Rice was born in Bavaria, Germany and came here with his parents when a child,and settled in Philadelphia. After being graduated from the Central High School in that city, he attended Columbia University, from which he graduated in 1880, with the degree of LL.B. Following his graduation, Mr Rice returned to the University as lecturer in the Law School and an instructor in political science, and remained there until 1886, when he resigned and devoted himself to the practice of railroad law. As a railroad lawyer he was identified with many important negotiations, reorganizations, and litigations, in all of which he was eminently successful.
Mr Rice become a promoter early in his business career, and was practically the founder of the storage battery industry in the United States and was President of the Electric Storage Battery Company for many years. From that he went into the electric automobile industry and was said to have founded the industry when he organized and became the first President of the Electric Vehicle Company.
Still following his chosen line of electrical development, Mr Rice then founded the Electric Boat Company, which bought the Holland Torpedo Boat Company, and from the sale of whose stock he recently realized a large fortune.
He also organized the Car Lighting and Power Company, of which he was President at the time of his death, later organizing the American Casein Company, of which he was also President. In addition to these interests, Mr Rice was active in the organization and development of a number of others, in which he held office at the time of his death. Among these were the Electric Launch Company, the Industrial Oxygen Company, the New Jersey Development Company, the Societe Francise de Sousmarin of Paris, France; the International Development Company, the National Torpedo Company, the Consolidated Railway Electric Lighting and Equipment Company, Railway Stationary and Refrigerating Company, the Lindstrom Brake Company, and the National Milk Sugar Company.
Mr Rice was also Chairman of the Board of Directors of the Consolidated Rubber Tire Company, a Director of the Buckeye Rubber Company, and the Chicago Electric Traction Company.
He was a member of the Franklin Institute of Pennsylvania and of the Bar Association of the City of New York.
Mr Rice was a noted chess player and was the inventor of an opening known as the "Rice Gambit" and was presented with a handsome silver trophy for his part in the international university chess matches between England and the United States, and was the winner of many other trophies.
Mr Rice was a member of St George's Chess Club of London, the Brooklyn Chess club, the New York State Bar Association and the Lawyers', Harmonia, Automobile and Lotos Clubs of this city, and the Liberal Club of London.
Mr Rice is survived by his wife, who was Miss Julia Hyneman Barnett, and who is known as the founder of the Anti-Noise Society and by six children.
LadyGoshen (#46951894) was the obit contributor!
Julia B Barnett Rice (1860 - 1929)
Muriel Rice (1888 - 1926)*
Dorothy Rice Sims (1889 - 1960)*
Marjorie R Rice Levis (1893 - 1980)*
Created by: No Guts, No Glory
Record added: Jun 19, 2008
Find A Grave Memorial# 27670332
Added: Aug. 19, 2013
Added: Jan. 2, 2010
Added: Sep. 10, 2009