James H. Perkins

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James Handasyd Perkins
Born (1876-01-11)January 11, 1876
Milton, Massachusetts
Died July 12, 1940(1940-07-12) (aged 64)
Mount Kisco, New York
Spouse(s) Alice Mandell Stone
Parents Edward Cranch Perkins
Jane Sedgwick Watson

James Handasyd Perkins (January 11, 1876 – July 12, 1940) was a chairman of National City Bank.[1]

Biography[edit]

Perkins was born in Milton, Massachusetts on January 11, 1876 to Edward Cranch Perkins and Jane Sedgwick Watson

He attended the Milton Academy and graduated from Harvard University in 1898. He was with the Walter Baker chocolate company in hometown until 1905. He moved to American Trust Company in Boston and then to National Commercial Bank in Albany, New York where he was president in 1912 and 1914 when he moved to National City Bank as a vice president.[1]

He served in France during World War I. After the war he joined Montgomery & Co. In 1921 he was elected president of Farmers' Loan and Trust Company. Farmers merged with National City Bank in 1929 and he became president of the new bank. He became chairman in 1933. In attempts to keep the bank afloat during the Great Depression par value was cut by 40 percent and $50 million in preferred stock was sold to the Reconstruction Finance Corporation.[1]

He died of a heart attack while still chairman shortly after having dinner with Arthur M. Anderson in Mount Kisco, New York.[1]

References[edit]

  1. ^ a b c d "James H. Perkins, Banker, Is Dead. Chairman of Board of National City Organization Stricken in Mt. Kisco at 64. Was Red Cross Official. Head of American Service in Europe During War. Was Cited for His Work". New York Times. July 13, 1940. Retrieved 2012-09-16. "James Handasyd Perkins, chairman of the board of the National City Bank of New York and president of the City Bank Farmers Trust Company, died tonight following a heart attack suffered shortly after he and Mrs. Perkins had dined at the home here of Arthur M. Anderson ..." 
Business positions
Preceded by
Charles E. Mitchell
Chairman of Citigroup
1933–1940
Succeeded by
Gordon S. Rentschler