|
|
If you value the information
posted here, |
3. US financier Prime Nathaniel-303670 (Joshua , Progenitor ) was born in 1768 in Rowley Mass. He died in 1840 in New York.
With Samuel Ward. Nathaniel Prime, of Prime Ward and King, Stock and Commision brokers. Per Linda Minor. A few doors below Wall street court entrance in 1830 was a marble building erected by Nathaniel Prime. It had offices in the upper part. The main floor was occupied as the banking rooms of the great banking house of Prime, Ward & King. What a wonderful firm that was thirty years ago! Originally it was "Nathaniel Prime, Stock and Commission Broker, No. 42 Wall Street," in 1796. In 1808, he took in Samuel Ward as a partner, and the firm was then Prime & Ward. In 1816 Joseph Sands was made a partner, and the firm was Prime, Ward & Sands, still doing business at the old stand, No. 42 Wall Street, until 1825, when the office was temporarily removed, in order that the present building might be erected. That year, James G. King was made a partner, and the firm was Prime, Ward, Sands, King & Co. Joseph Sands of the above firm, was a son of the celebrated Comfort Sands, who died in 1835. In 1826 Joseph left the above firm, and it again became Prime, Ward, King & Co. James Gore King, of the above firm, had previously been engaged in business in Liverpool, England, under the firm of King & Gracie. After he returned to this country, he was taken into the great firm for his financial ability, and the firm changed as above stated. ***Mr. Prime bought the house on the corner of Broadway and Battery Place, now occupied as the Washington Hotel. He lived there many years, and saw his sons and his daughters intermarrying with the first families in New York. Code-US Thirty years ago, Mr. Prime was deemed the third richest man in New York, and yet no one set him down as worth over a million! Thirty years ago there was but one man in this town worth over a million; that one was John Jacob Astor. There were four other rich men -- Robert Lenox, John G. Coster, Stephen Whitney, and Nat Prime; the latter was regarded as the most wealthy of the last four names.
Mr. Nathaniel Prime, of the great firm of Prime, Ward & King, did not legitimately belong to the old set. He claimed a place, however, for his sons and his daughters had intermarried with the Jays, the Rays, the Sands, the Palmers, and the undoubted old families. Aside from this, his partners were of the pure breed. Prime, Ward & King were the first large genuine private bankers in the city of New York. They allowed interest on all sums deposited with them for either a short or long term. They bought up good bills on Paris or London, and remitted to their bankers, and then every packet day, Prime, Ward and King were large sellers of their own sterling and French bills at one per cent more than they paid for the best private bills. Such was their credit. The firm had no rivals at that time. J.L. & S. Josephs had a banking house on the corner of Wall and Hanover. They were the agents of the Rothschilds, but had no such standing in this town as Prime, Ward & King.Old Nat Prime was a fearfully long-headed man. He could see through a mill-stone quicker than any other man in Wall Street. But he was frequently sold. On one occasion a Hartford horse jockey, named Adam Hitchcock, sold him a leopard-spotted horse for $1500. It was alright until the white and black horse got caught out in a rain, when such a mixing of paints occurred as perfectly astonished him. Mr. Prime left behind him three fine sons -- Edward, who succeeded him in the firm in 1831; Rufus, who at one time formed one of the firm of Christmas, Livingston, Prime & Coster. What a firm that was! Charles Christmas (he is now a partner of August Belmont) had been for fifteen years book-keeper, or head clerk, for Prime, Ward & King. He was a long-headed genius. Robert Livingston was a brother of Mortimer Livingston, of the Havre packet line agents, C. Bolton, Fox & Livingston, who married a daughter of Francis Depau, who married Sylvie de Grasse, a daughter of that Count de Grasse who commanded the French fleet on this coast in the Revolutionary war. Another member of the C.L.P.C. firm was Washington Coster. What a gay boy was Wash. Coster! He married a daughter of old Francis Depau, and there were cart loads of gold on both sides of the house. Wash, was not a son of old John G. Coster -- he was a nephew. Poor fellow, he was fond of good eating and good drinking, and he paid the penalty. He died on a sofa at Blancard's Globe Hotel in Broadway near Exchange Street, now a dry goods store. Wash, got no sleep for several days, and a celebrated Irish adventurer named John S. Nugent (who was hired by Cozzens as a bar-keeper, and wound up his week's work by running away and marrying the sister of Mr. Cozzens, (West Point Hotel) -- gave him a dose of morphine to make him sleep. It was successful, for poor Wash. has never woke up since, unless he made an unknown turn over in the grave. Mr. Prime had a third son named Frederick. He was a lawyer, and married a granddaughter of the great John Jay, chief Justice in Washington's day of the United States.
Cf., Per Ken Cozens, Walter Barrett, 1863, The Old Merchants of New York City, Second Series.
Nathaniel married Sands Cornelia-303685 daughter of Merchant, founder Bank of New York Sands Comfort-413823 and Dodge Sarah-413824. Cornelia was born in 1773 in Rowley Mass. She died in 1852.
They had the following children:
4 M i Prime Frederick-303686 was born in 1807.
He is son3.Frederick married (1) wife1 Jay Mary Rutherfurd-303687 daughter of Of New York Jay Peter Augustus-3141 and Clarkson Mary Rutherford-3142. Mary died in 1835. Frederick married (2) Hare Lydia-419410 daughter of Dr Hare Robert-419409 and parent recheck Clarke Harriet-419415. 5 F ii Prime Cornelia-419411 was born in 1800. She died in 1874. Cornelia married Ray Robert-419412 son of Ray Cornelius-419413 and RNotknown Miss-419414. 6 F iii Prime Miss-479423.
Cf., Per Ken Cozens, Walter Barrett Clerk, 1863, The Old Merchants of New York City, Second Series.Miss married Coster Gerard H.-479422 son of US-Dutch traders Coster John Gerard-479158 and Holsmann Catharine Margaret-479415.
Cf., Per Ken Cozens, Walter Barrett Clerk, 1863, The Old Merchants of New York City, Second Series.+ 7 M iv Of New York Prime Rufus-413989.
View web stats from www.statcounter.com/ for this website begun 4 July 2006
