John Rathbone was born on July 12, 1777, in Stonington, New London County, Connecticut,[1] the second child, first son, of John Rathbone of New York County (Manhattan), New York, and his wife Eunice (Wells) Rathbone. He was also the grandson of the patriot Reverend John Rathbone, of Stonington, Connecticut, and his wife Content (Brown) Rathbone. Rev. John was on a Committee of Correspondence, and requested defenses for the Town of Stonington during the Revolutionary War.
John's father was a merchant, and had accumulated a wealth of $30,000 while still in Stonington. He then removed to New York City, where he became a very successful merchant and financier.
John, Jr., like his father, became a wealthy merchant, but was even more successful than his father.
Says the book Rathbone Genealogy:
"John Rathbone, Jr. [II], inherited his father's distinguishing qualities and became wifely known as a successful merchant and financier.
"He was a member of the New York Legislature---was a devoted adherent of DeWitt Clinton, and took a great interest in the inauguration of the canal movement in New York and Ohio.
"In connection with Eleazer Lord of New York he took the entire amount of the first Ohio canal loan in 1825 of $400,000, and subsequently made a loan in connection with John Jacob Astor [1763-1848, the German immigrant and first multi-millionaire in the United States] for same amount, to the same state.
"He and his brother-in-law Samuel B[ulkely] Ruggles chartered and established "The Bank of Commerce" and were the first directors elected.
"John Rathbone died of paralysis [likely a stroke] at Congress Hall, Albany, August 3, 1842, on his way home to New York [City]."
"Paralysis" was an older term from the early 1800s which likely meant that he had a stroke.
John left a Last Will and Testament, which he executed on May 7, 1839, and to which he added a Codicil on February 28, 1842. He split his estate among 40 different people, all siblings, neices and nephews, with the exception of a few who received legacies.
His father has a burial record from 1843 in Saint Marks Church-in-the-Bowery Churchyard, and that was also said to have been the final resting place of his first and second wives, so I believe that his son would also have been buried here.
*****
[1] Barbour Collection of Vital Records for Stonington, Connecticut. Vol. 43, p. 326.
[2] Rathbone Genealogy. Cooley, John C. Rathbone Genealogy. Press of the Courier Job Print; Syracuse, N.Y.; 1898. Online through Archive.org. Remove the two spaces at the beginning of this URL:
https : //archive.org/details/rathbonegenealog01cool/page/n717/mode/2up
John Rathbone was born on July 12, 1777, in Stonington, New London County, Connecticut,[1] the second child, first son, of John Rathbone of New York County (Manhattan), New York, and his wife Eunice (Wells) Rathbone. He was also the grandson of the patriot Reverend John Rathbone, of Stonington, Connecticut, and his wife Content (Brown) Rathbone. Rev. John was on a Committee of Correspondence, and requested defenses for the Town of Stonington during the Revolutionary War.
John's father was a merchant, and had accumulated a wealth of $30,000 while still in Stonington. He then removed to New York City, where he became a very successful merchant and financier.
John, Jr., like his father, became a wealthy merchant, but was even more successful than his father.
Says the book Rathbone Genealogy:
"John Rathbone, Jr. [II], inherited his father's distinguishing qualities and became wifely known as a successful merchant and financier.
"He was a member of the New York Legislature---was a devoted adherent of DeWitt Clinton, and took a great interest in the inauguration of the canal movement in New York and Ohio.
"In connection with Eleazer Lord of New York he took the entire amount of the first Ohio canal loan in 1825 of $400,000, and subsequently made a loan in connection with John Jacob Astor [1763-1848, the German immigrant and first multi-millionaire in the United States] for same amount, to the same state.
"He and his brother-in-law Samuel B[ulkely] Ruggles chartered and established "The Bank of Commerce" and were the first directors elected.
"John Rathbone died of paralysis [likely a stroke] at Congress Hall, Albany, August 3, 1842, on his way home to New York [City]."
"Paralysis" was an older term from the early 1800s which likely meant that he had a stroke.
John left a Last Will and Testament, which he executed on May 7, 1839, and to which he added a Codicil on February 28, 1842. He split his estate among 40 different people, all siblings, neices and nephews, with the exception of a few who received legacies.
His father has a burial record from 1843 in Saint Marks Church-in-the-Bowery Churchyard, and that was also said to have been the final resting place of his first and second wives, so I believe that his son would also have been buried here.
*****
[1] Barbour Collection of Vital Records for Stonington, Connecticut. Vol. 43, p. 326.
[2] Rathbone Genealogy. Cooley, John C. Rathbone Genealogy. Press of the Courier Job Print; Syracuse, N.Y.; 1898. Online through Archive.org. Remove the two spaces at the beginning of this URL:
https : //archive.org/details/rathbonegenealog01cool/page/n717/mode/2up
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