Charles Mortimer Leupp

Charles Mortimer Leupp

Birth
New Brunswick, Middlesex County, New Jersey, USA
Death 5 Oct 1859 (aged 51)
Manhattan, New York County (Manhattan), New York, USA
Burial New Brunswick, Middlesex County, New Jersey, USA
Memorial ID 125543218 · View Source
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Charles Mortimer Leupp was the fifth child of William Lupp and Margaret Hodge. He was born October 14, 1807 in New Brunswick, Middlesex, New Jersey.

He went to work in New York City as a clerk for leather merchant Gideon Lee at age 15. Later, Mr. Lee made him a partner.

He was a member of the Lafayette's Guard, 1st NY Artillery, 2nd Artillery Regiment, 2nd Company during 1826.

Charles Mortimer Leupp married Laura Theresa Lee, the daughter of his partner, Gideon Lee. A Find A Grave memorial had not been found for Laura as of the date of this writing.

He made a fortune in the leather tanning business and became a millionaire through inheritance from his father-in-law. Traveling through Germany, he found old LÜpp tombstones and determined that the name in English should be spelled "Leupp" instead of "Lupp." As a consequence, he was able to convince his siblings, as well as distant relatives, to change the spelling of their surname.

His wife died about 1841 or 1842, probably in childbirth. His own death was a sad one. Here is an account from A Very Social History by Kate Simon:

Charles Mortimer Leup died by suicide with a shot himself in the heart at his residence located at the corner of Madison Avenue and 25th Street in New York City, having been humiliated and his reputation damaged by a certain Jay Gould.

The story behind that fact is interesting. Jay Gould was in charge of a Pennsylvania tannery, one of several owned by former Congressman Pratt, at the young age of twenty. He came to New York, observed the larger markets, and speculated in futures. He established himself as Jay Gould and Company using Pratt money. Charles Leupp and his brother-in-law David W. Lee, were two of Gould's investors and received two-thirds of the tannery for an investment of sixty thousand dollars.

Gould used their money to try to corner the hide market. Several markets fell apart in 1857 and Gould could not cover the futures that he had purchased on margin. When Gould could not make good on demands for payment, his creditors came to Charles Leupp whose credit Gould had used.

Prior to his death, Charles Mortimer Leupp had been suffering from mental problems including severe paranoia, hallucinations and depression. The problems were so severe that his family considered institutionalizing him.

William Cullen Bryant, the famous poet and a friend of Charles, eulogized him in the newspapers and was one of his pall-bearers. Newspapers reported he was buried in Greenwood Cemetery in New York City, but Christ Churchyard interment records have him buried there in New Brunswick, New Jersey.

Charles Mortimer Leupp and Laura Theresa Lee had three children:

1. Laura Theresa Leupp, (1838-1908).

2. Isabella W. Leupp (1839- ).

3. Margaret Leupp, (1842- ).


Family Members

Parents

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  • Created by: Charlie Morgan
  • Added: 23 Feb 2014
  • Find a Grave Memorial 125543218
  • Find a Grave, database and images (https://www.findagrave.com : accessed ), memorial page for Charles Mortimer Leupp (14 Oct 1807–5 Oct 1859), Find a Grave Memorial no. 125543218, citing Christ Church Episcopal Churchyard, New Brunswick, Middlesex County, New Jersey, USA ; Maintained by Charlie Morgan (contributor 47142894) .