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Percy Rivington Pyne 2nd

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For other people with the same name, see Percy Rivington Pyne (disambiguation).
Percy Rivington Pyne 2nd
Percy Rivington Pyne 2nd in 1918
Born(1882-06-23)June 23, 1882
Manhattan, New York City
DiedAugust 15, 1950(1950-08-15) (aged 68)
Sepulveda, California
Parent(s)Moses Taylor Pyne
Anna Margaretta Stockton

Percy Rivington Pyne 2nd (June 23, 1882 – August 15, 1950) was a banker, financier, and philanthropist.[1] He founded the stock exchange firm of Pyne, Kendall Hollister.[2]

Biography

He was born on June 23, 1882 in New York City, the son of Moses Taylor Pyne (1855–1921) and Anna Margaretta Stockton. His father inherited much of the Moses Taylor family fortune and was a major benefactor of Princeton University. His mother was a direct descendant of Richard Stockton, signer of the Declaration of Independence.[2]

Pyne prepared at St. Paul's School, Concord, New Hampshire. He received a B.A. degree from Princeton in 1903. While a freshman, Pyne won the Intercollegiate Golf Association individual championship in 1899.[2]

In 1904 he began his financial career in connection with the Farmers' Loan & Trust Co., and in 1907 he became associated with the management of the Moses Taylor Estate.[2]

On February 8, 1909, Pyne organized the banking firm of Pyne. Kendall & Hollister, with offices in the new National City Bank Building, at 55 Wall street. He was a member of the board of directors of the Commercial Trust Co. of New Jersey, the East River Gas Co., the New Amsterdam Gas Co., the Syracuse & Binghamton Railroad, Cayuga & Susquehanna Railroad, the Delaware, Lackawanna & Western Coal Co., etc. He was president and director of the Prospect Company of New Jersey and was trustee and chairman of the East Side Branch of the Young Men's Christian Association.[3]

In New York City he belonged to the following clubs: Union Club of the City of New York, Knickerbocker Club, University Club of New York, Racquet and Tennis Club, Metropolitan Club, New York Yacht Club, The Union League Club, Down Town Association, Aero, Automobile, Princeton Club of New York, Underwriters, Touring Club of America, Manhattan, Intercollegiate, Whitehall and Motor Car Touring Society. Other clubs and societies to which he belonged : Meadow Brook Golf Club, Short Beach, Rockaway Hunting Club, Morris County Golf Club, Baltusrol Golf Club, Garden City Golf Club, National Golf, Tuxedo, South Side Sportmen's Club, Westbrook Golf, Archdale Quail, Islip, Touring Club of France, Automobile Association of London, and St. Nicholas Society.[3]

Pyne became the friend and benefactor of hockey legend Hobart A. H. Baker.[4] Baker resided at Pyne's home at 263 Madison Avenue.[5] Pyne gifted Baker and sent him clothing while he was fighting in France.[6] After Baker's untimely death, Pyne was Chairman of the Fund Committee that erected Hobey Baker Memorial Rink at Princeton in honor of his friend.[7]

Pyne never married. He died at his Sepulveda, California home on August 15, 1950 at the age of 68 after a long and debilitating illness.[2][8]

References

  1. ^ He should be named "Percy Rivington Pyne III" since he is third in the chronology to have this name. He is not in the direct patrilineal line from Percy Rivington Pyne I, his grandfather. However, he used the name "Percy Rivington Pyne 2nd". He did not marry or have children so there was no "Percy Rivington Pyne 3rd".
  2. ^ a b c d e "Percy R. Pyne 2d, Banker, Clubman. Retired Wall Street Broker, Sportsman, Trustee of Estates and Charities, Dies on Coast". New York Times. August 17, 1950.
  3. ^ a b Reynolds, Cuyler (1914). Genealogical and family history of southern New York and the Hudson River Valley : a record of the achievements of her people in the making of a commonwealth and the building of a nation. New York : Lewis Historical Pub. Co. p. 77. Retrieved June 14, 2016.
  4. ^ Fimrite, Ron (August 20, 1914). "A Flame That Burned Too Brightly: Hobey Baker found little to live for after starring at Princeton". Sports illustrated. Retrieved June 14, 2016.
  5. ^ Salvini, Emil R. (April 1, 2005). Hobey Baker: American Legend. The Hobey Baker Foundation. pp. 64–65. ISBN 0976345307. Retrieved June 14, 2016.
  6. ^ Maynard, W. Barksdale. "From Princeton's vault". Princeton Alumni Weekly. Retrieved June 14, 2016.
  7. ^ "Water Shortage Halts Opening Of Baker Rink". The Harvard Crimson. December 2, 1922. Retrieved June 14, 2016.
  8. ^ "Obituary". Princeton Alumni Weekly. Vol. 51. October 20, 1950. pp. 31–2. Retrieved June 14, 2016.
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