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G. Hermann Kinnicutt

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G. Hermann Kinnicutt
Born
Gustav Hermann Kinnicutt

(1877-01-23)January 23, 1877
New York City, U.S.
DiedDecember 6, 1943(1943-12-06) (aged 66)
New York City, U.S.
Alma materHarvard University
Employer(s)Kissel, Kinnicutt & Co.
Kidder, Peabody & Co.
Spouse
May Appleton Tuckerman
​
​
(m. 1907)​
Children4, including Sister Parish

Gustav Hermann Kinnicutt (January 23, 1877 – December 6, 1943) was a prominent American investment banker.[1]

Early life

Kinnicutt was born on January 23, 1877, in New York City.[2] He was the eldest of two sons born to Susanna Eleonora (née Kissel) (1852–1910) and Dr. Francis Parker Kinnicutt (1846–1913), who served for many years as trustee and president of Columbia-Presbyterian Medical Center.[3][4] Dr. Kinnicutt was also a close friend of novelist Edith Wharton, and owned a "rambling Colonial Revival house on Cliffwood Street overlooking the golf course," known as Deepdene in Lenox, Massachusetts.[5]

He was named after his maternal grandfather, Gustav Hermann Kissel, a Hesse born banker.[6]

Kinnicutt graduated from Harvard University in 1896.[1]

Career

In 1900, Kinnicutt began his banking career with J.P. Morgan & Co. In 1904, he organized his own firm, known as Kinnicutt & Potter, which continued through various name changes, including Kissel, Kinnicutt & Co. with his uncle, Gustav Kissel.[7][8]

During World War I, Kinnicutt was chairman of the Liberty Loan Committee in New Jersey. In 1922, Kissel, Kinnicutt & Co. offered $3,000,000 in farm loan bonds for Chicago Joint Stock Land Bank.[9] In December 1931, it was announced that Kissel, Kinnicutt & Co. would merge with Kidder, Peabody & Co., at which point, Kinnicutt joined the new firm as a general partner on January 1, 1932.[10]

In 1934, Kinnicutt appeared in Washington before the House Interstate Commerce Committee as a representative of eighteen investment firms from New York to "protest what was termed the paralyzing legislation of the Fletcher-Rayburn stock exchange bill." He also joined with other prominent investment bankers to demand Federal supervision over regulation of stock markets.[1]

At the time of his death, he was a senior partner with Kidder, Peabody which was located at 17 Wall Street.[1]

Personal life

On April 18, 1907, Kinnicutt married to May Appleton Tuckerman (1886–1947) at the Church of the Incantation at Madison Avenue and 35th Street.[11][12] She was the daughter of Annie Cotton (née Smith) and Bayard Tuckerman and sister of Bayard Tuckerman Jr.[13] Together, the Kinnicutts had homes in Manhattan, Maine, Paris, and a large summer home in Far Hills, New Jersey, known as Mayfields. May and Hermann were the parents of four children, three of whom lived to adulthood:

Kinnicutt collected antiques, including furniture later described by his interior designer daughter as "that awful English brown."[17] Like his father, he served as a trustee of the Columbia-Presbyterian Medical Center, and also as president of the Presbyterian Hospital School of Nursing.[1]

Kinnicutt died of a heart ailment on December 6, 1943, at 65 East 82nd Street, his home in Manhattan.[1] After a funeral at the Episcopal Church of the Ascension on Fifth Avenue, attended by more than 400 mourners, he was buried at Saint Bernards Cemetery in Bernardsville, New Jersey.[21]

References

  1. ^ a b c d e f "G. H. KINNICUTT, 66, INVESTMENT BANKER Kidder, Peabody Co. Partner Since 1932--A Harvard Man" (PDF). The New York Times. 7 December 1943. Retrieved 12 September 2019.
  2. ^ Hamersly, Lewis Randolph (1929). Who's who in New York City and State. Who's Who Publications. p. 959. Retrieved 12 September 2019.
  3. ^ "DR. KINNICUTT'S ESTATE. Physician Left $260,314 to be Divided Between His Sons" (PDF). The New York Times. February 11, 1914. Retrieved 12 September 2019.
  4. ^ "DR. KINNICUTT DIES AT DOCTORS' MEETING Suffers Stroke of Apoplexy at Session of Practitioners' Society" (PDF). The New York Times. May 3, 1913. Retrieved 12 September 2019.
  5. ^ Gilder, Cornelia Brooke (2017). Edith Wharton's Lenox. Arcadia Publishing. pp. 154–157. ISBN 9781625857880. Retrieved 12 September 2019.
  6. ^ Bartlett, Apple Parish; Crater, Susan Bartlett (August 20, 2000). "Sister | The Life of the Legendary American Interior Decorator Mrs. Henry Parish II". The New York Times. Retrieved 12 September 2019.
  7. ^ Bartlett, Apple Parish; Crater, Susan Bartlett; Hadley, Albert (2000). Sister: The Life of Legendary Interior Decorator Mrs. Henry Parish II. Macmillan. ISBN 9780312242404. Retrieved 12 September 2019.
  8. ^ "RUDOLPH H. KISSEL, RETIRED BANKER, 82 New Yorker, Formerly Partner in Firm of Kissel, Kinnicutt, Dies in Morristown" (PDF). The New York Times. April 1, 1942. Retrieved 12 September 2019.
  9. ^ "OFFER $3,000,000 FARM LOAN BONDS Kissel, Kinnicutt & Co. Are Marketing Chicago Joint Stock Land Bank Securities. WHEELING ELECTRICS SOLD Entire Issue of $487,000 Taken at 92 and Accrued Interest, to Yield 5.70 Per Cent" (PDF). The New York Times. August 25, 1922. pp. 51–77. Retrieved 12 September 2019.
  10. ^ "BANKING-BROKERAGE MERGER ANNOUNCED Kidder, Peabody & Co. and. Kissel, Kinnicutt & Co. Will Unite on Jan. 1" (PDF). The New York Times. December 24, 1931. Retrieved 12 September 2019.
  11. ^ "MISS ROCKEFLLER WEDDED TO MR. DODGE Ceremony at William Rockefeller's Home, with Only Near Ralatives Present. THE REV. DR. CARY MARRIED Society Flocks to Mr. Kinnicutt's Marriage to Miss Tuckerman — Today's Social Doings" (PDF). The New York Times. April 19, 1907. p. 9. Retrieved 12 September 2019.
  12. ^ a b "Mrs. G. H. Kinnicutt" (PDF). The New York Times. 4 June 1947. Retrieved 12 September 2019.
  13. ^ Virkus, Frederick Adams; Marquis, Albert Nelson (1925). The Abridged Compendium of American genealogy: first families of America: A genealogical encyclopedia of the United States. A. N. Marquis. p. 865. Retrieved 12 September 2019.
  14. ^ "WEDDING IN CHAPEL FOR SYBIL KANE JAY Daughter of Westbury Couple Is Married to Francis P. Kinnicutt of New York RECEPTION HELD AT HOME Ceremony Performed on Estate of Bride's Grandmother, Mrs. Edwin D. Morgan" (PDF). The New York Times. February 14, 1937. Retrieved 12 September 2019.
  15. ^ "Deaths" (PDF). The New York Times. January 29, 1961. Retrieved 12 September 2019.
  16. ^ "DOROTHY KINNICUTT ENGAGED TO WED Debutante of Two Years Ago Will Become the Bride of Henry Parish 2d. IS JUNIOR LEAGUE MEMBER Miss Kinnicutt a Granddaughter of Mrs. Bayard Tuckerman— Fiance a Yale Graduate" (PDF). The New York Times. September 17, 1930. Retrieved 12 September 2019.
  17. ^ a b Pace, Eric (10 September 1994). "Sister Parish, Grande Dame of American Interior Decorating, Is Dead at 84". The New York Times. Retrieved 12 September 2019.
  18. ^ "MRS. SOLMSEN WED TO G.H. KINNICUTT; Married to Partner in Travel Agency in Home of His Sister, Mrs, Henry Parish 2d" (PDF). The New York Times. August 13, 1948. Retrieved 12 September 2019.
  19. ^ "Paid Notice: Deaths KINNICUTT, IRENE". The New York Times. August 9, 1999. Retrieved 12 September 2019.
  20. ^ "SON OF G.H. KINNICUTT DIES ON BALL FIELD Bayard P. Kinnicutt Suddenly Drops While at Play at St. Mark's School" (PDF). The New York Times. May 29, 1934. Retrieved 12 September 2019.
  21. ^ "RITES FOR G. H. KINNICUTT 400 at Service for Banker in the Church of the Ascension" (PDF). The New York Times. December 10, 1943. Retrieved 12 September 2019.
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