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Ellwood Walter (businessman)

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Ellwood Walter
Born
Ellwood Walter

(1803-08-16)August 16, 1803
Philadelphia, Pennsylvania, U.S.
DiedMay 7, 1877(1877-05-07) (aged 73)
NationalityAmerican
Occupation(s)Insurance, underwriting, marine insurance

Ellwood Walter (August 16, 1803 – May 7, 1877) was president of the Mercantile Mutual Insurance Company[1] in New York City for 28 years. The Mercantile Mutual Insurance Company was organized in April 1844. He was also secretary of the New York Board of Marine Underwriters since 1849.[2]

Early life

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Born in Philadelphia, Pennsylvania to a Quaker family.[3] In his early life, he was an editor of a weekly newspaper, The Ariel: A Literary and Critical Gazette, published in Philadelphia.[4][5]

Career

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The Mercantile Mutual Insurance Company

In 1827 Walter started and edited a newspaper in Philadelphia which was a weekly.[6]

By 1845 Walter was secretary of the Mercantile Mutual Insurance Company in New York. In 1847 he became a Vice president, and in 1853 he became its president.[6] Walter had been associated with the Mercantile Mutual Insurance Company for 28 years.[7] Walter was secretary of the New York Board of Marine Underwriters.[8]

The New York pilot-boat Ellwood Walter, No. 7 was named after Walter.[9][10] The ship carried cargo between Boston Massachusetts and New York.[11]

In October 1861, Walter became a trustee of the Nautical School for the harbor of New York.[12]

On May 14, 1871, Walter was elected as Vice-President of the New York Seamen's Association.[13] In 1876, there was an act to authorize the transfer of the property of the New York Seamen's Association to the American Seamen's Friend Society and to dissolve the New York Seamen's Association.[14]

Walter was described as a man of "distinguished presence" and "great personal dignity" who had for his time "considerable wealth".[3] Walter was one of the leading members of the Quaker mercantile community.[15]

Death

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On May 7, 1877, at the age of 75, Walter died at his residence in Englewood, New Jersey.[16] He was buried at the Quaker Cemetery in Brooklyn, New York.[17]

Post death

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The Mercantile Mutual Insurance company went out of business in 1880.[15]

References

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  1. ^ "The Mercantile Mutual Insurance Company". Madison Wisconsin Daily State Journal. April 10, 1862. Retrieved July 20, 2020.
  2. ^ Cargo, Brig Lilla & (1863). The United States, Libellants, Vs. Brig Lilla & Cargo: Circuit Court of the United States in a Cause of Prize. Alfred Mudge & Son.
  3. ^ a b Mary Hallock Foote (1972). A Victorian gentlewoman in the Far West; the reminiscences of Mary Hallock Foote. The Huntington Library. p. 64.
  4. ^ "The Dangers of Sailing in High Latitudes". The Ariel: A Literary Gazette, Volumes 1–2. Ellwood Walter. 1827. p. 130. Retrieved October 25, 2019.
  5. ^ "The Week – Ellwood Walter". The Baltimore Underwriter: A Monthly Publication Devoted to the Interest Of Insurance. BOMBAUG H & RANSOM PUBLISHERS AND PROPRIETORS No 3 POST OFFICE AVENUE BALTIMORE. 1877. p. 802. Retrieved October 25, 2019.
  6. ^ a b "Obituary Elwood Walter". Philadelphia Inquirer. May 9, 1877. Retrieved July 20, 2020.
  7. ^ The United States Insurance Gazette and Magazine, edited by G. E. Currie, November 1, 1868, to May 1, 1869
  8. ^ Pilots The World Of Pilotage Under Sail and Oar by Tom Cunliffe. WoodenBoat. 2001. ISBN 9780937822692. Retrieved November 7, 2019.
  9. ^ "The Pilot-Boat Elwood Walter, No. 7". The New York Times. New York. May 16, 1853. Retrieved July 16, 2020.
  10. ^ "Launch Of A Pilotboat". New York Daily Herald. New York City. April 30, 1853. Retrieved July 16, 2020.
  11. ^ "Arrived". New York Times. October 30, 1861. Retrieved July 20, 2020.
  12. ^ Annual Report of the Chamber of Commerce of the State of New York, 1861–62, Page 21
  13. ^ Minutes of Board of Apportionment of the City and County of New York, 1871, page 154
  14. ^ "LIST OF GENERAL ORDERS". Documents of the Senate of the State of New York, Volume 6. JEROME B PARMENTER STATE PRINTER. 1876. p. 12. Retrieved July 16, 2020.
  15. ^ a b The Weekly Underwriter: An Insurance Newspaper, Index to Volume One Hundred and six, January 7, 1922, to June 24, 1922
  16. ^ The Interests of Insurance in All Its Branches, January–June 1877, page 302
  17. ^ "Elwood Walter". The New York herald. New York, N.Y. May 8, 1877. p. 10. Retrieved September 9, 2020.
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