Caleb O. Halsted
President of the Bank of the Manhattan Company
In office
1847–1860
Preceded byJonathan Thompson
Succeeded byJames M. Morrison
Personal details
Born
Caleb Ogden Halsted

(1792-06-13)June 13, 1792
Elizabeth, New Jersey
DiedOctober 4, 1860(1860-10-04) (aged 68)
New York City, New York
Spouse
Caroline Louisa Pitney
​
​
(m. 1823; died 1860)​
Children5
Parent(s)Matthias Halsted
Nancy Norris

Caleb Ogden Halsted (June 13, 1792 – October 7, 1860) was an American merchant and banker.

Early life

Halsted was born in Elizabeth, New Jersey on June 13, 1792. He was the third son of Maj. Matthias Halsted (1759–1824) and Nancy (née Norris) Halsted. His elder brother was Nathaniel Norris Halsted, who married Lucretia Perrine.[1] As his brother died young, Caleb adopted his nephew, Nathaniel Norris Halsted Jr. (later a Civil War General),[2] and raised him.[3] His father served as Brigade Major on the staff of Gen. Winds, aide-de-camp to Gen. Philemon Dickinson, and quartermaster in the Continental Army during the American Revolution.[4]

The patriarch of the Halsted family was Timothy Halsted, who emigrated from England to America as early as 1660 and settled in Hempstead, New York before relocating to Elizabethtown.[4] His paternal grandparents were Caleb Halsted Jr. and Rebecca (née Ogden) Halsted.[3][5] His grandmother was a daughter of Robert Ogden who was a grandson of colonist John Ogden, an original patentee of the Elizabethtown Purchase, "the first English settlement in the Colony of New Jersey."[6] His mother was, therefore, a first cousin of U.S. Senator and Governor of New Jersey Aaron Ogden and Col. Matthias Ogden.[6]

Career

Halsted began his career as a cloth merchant. In 1847, however, he was made president of the Bank of the Manhattan Company,[7][8] succeeding Jonathan Thompson, who had been made president in 1840. In 1853, the Manhattan Company became one of the original 52 members of the New York Clearing House Association and Halsted became its first president.[4] Halsted served as president until his death in October 1860. Later that year, the board of directors promoted James M. Morrison as president of the bank to succeed Halsted.[9]

Personal life

In December 1823, Halsted was married to Caroline Louisa Pitney (1796–1879), a daughter of Dr. Aaron Pitney and Anna Bowne (née Proovost) Pitney.[4][10] Together, they were the parents of five children, three of whom died in infancy, including:[4]

Halsted died on October 7, 1860, in Manhattan.[19] After a funeral at the Presbyterian Church on University Place and 10th Street in Manhattan, he was buried in the churchyard of the First Presbyterian Church of Elizabeth.[20] His widow died in New York on July 1, 1879.[21]

Descendants

Through his daughter Lucy, he was a grandfather of nine, including Caroline Morris Kean (1849–1887) (wife of U.S. Assistant Secretary of State George L. Rives), U.S. Representative and U.S. Senator John Kean (1852–1914),[22] U.S. Senator Hamilton Fish Kean (1862–1941) (who married Katharine Taylor Winthrop), and Christine Griffin Kean (who married Emlen Roosevelt).[23]

References

Notes
  1. ↑ Peter Philip James Kean was the only child born of John Kean, the cashier of the Bank of the United States and a Continental Congressmen,[12][13] and Susan (née Livingston) Kean (1759–1853).[14] After his father's early death in 1795, his mother hired Count Julian Niemcewicz as his tutor. Niemcewicz, a Polish nobleman who fled Poland after fighting unsuccessfully for Polish independence, later married Kean's mother in 1800.[15][16]
  2. ↑ James Morris, who served as Sheriff of New York County, was the fourth son of Mary (née Walton) Morris and Founding Father Lewis Morris, 3rd Lord of the Manor of Morrisania, who was a prominent landowner who was a signer of the U.S. Declaration of Independence as a delegate to the Continental Congress from New York.[17][18]
Sources
  1. ↑ "Caleb O. Halsted to Sarah Terrill, October 23, 1816". digitalcommons.kean.edu. Kean University. Retrieved 15 June 2023.
  2. ↑ "GEN. HALSTED KILLED.; A PROMINENT NEWARK CAPITALIST RUN OVER BY THE CARS". The New York Times. 7 May 1884. Retrieved 15 June 2023.
  3. 1 2 Wheeler, William Ogden; Halsey, Edmund Drake (1896). Descendants of Rebecca Ogden, 1729-1806, and Caleb Halsted, 1721-1784. Walsh & Griffen, printers. Retrieved 15 June 2023.
  4. 1 2 3 4 5 6 7 8 9 10 Lee, Francis Bazley (1910). Genealogical and Memorial History of the State of New Jersey ... Lewis Historical Publishing Company. p. 1539. Retrieved 15 June 2023.
  5. ↑ Saint Nicholas Society of the City of New York: Organized February 28, 1835, Incorporated April 17, 1841 ... Saint Nicholas Society of the City of New York. 1923. p. 23. Retrieved 15 June 2023.
  6. 1 2 Wheeler, William Ogden; Van Alstyne, Lawrence; Ogden, Charles Burr (1907). The Ogden family in America, Elizabethtown branch, and their English ancestry; John Ogden, the Pilgrim, and his descendants, 1640-1906. Philadelphia, Printed for private circulation by J.B. Lippincott company. Retrieved 4 June 2018.
  7. ↑ Smith, Matthew Hale (1871). Twenty Years Among the Bulls and Bears of Wall Street. American Book Company. p. 503. Retrieved 28 August 2020.
  8. ↑ Lamb, Martha Joanna (1883). Wall Street in History. New York: Funk and Wagnalls. p. 83. ISBN 978-1-59605-087-7. Retrieved 27 August 2020.
  9. ↑ "Death of an Old Banker; Sketch of James M. Morrison, of the Bank of the Manhattan Company". The New York Times. 20 December 1880. Retrieved 27 August 2020.
  10. ↑ Family History of George Comyns Thomas, Jr., of Elizabeth, New Jersey, from 1664-1978. Stryker-Rodda. 1978. pp. 111, 147. Retrieved 15 June 2023.
  11. ↑ "Mrs. Lucy Kean". The New York Times. 10 March 1912. Retrieved 15 June 2023.
  12. ↑ "KEAN, John - Biographical Information". bioguide.congress.gov. Biographical Directory of the United States Congress. Retrieved 3 April 2018.
  13. ↑ United States Continental Congress (1823). Apr. 1, 1782, to Nov. 1, 1788, inclusive; also, the Journal of the Committee of the States, from the 1st Friday in June, to the 1st Friday in August, 1784, with an Appendix. Way and Gideon. p. 772. Retrieved 3 April 2018.
  14. ↑ Stahr, Walter (2012). John Jay: Founding Father. Diversion Books. p. 268. ISBN 9781938120510. Retrieved 3 April 2018.
  15. ↑ Cutter, William Richard (1919). American Biography: A New Cyclopedia. Pub. under the direction of the American Historical Society. pp. 56–57. Retrieved 3 April 2018.
  16. ↑ Greene, Richard Henry; Stiles, Henry Reed; Dwight, Melatiah Everett; Morrison, George Austin; Mott, Hopper Striker; Totten, John Reynolds; Pitman, Harold Minot; Ditmas, Charles Andrew; Forest, Louis Effingham De; Maynard, Arthur S.; Mann, Conklin (1880). The New York Genealogical and Biographical Record. New York Genealogical and Biographical Society. p. 75. Retrieved 3 April 2018.
  17. ↑ "MORRIS, Lewis - Biographical Information". bioguide.congress.gov. Biographical Directory of the United States Congress. Retrieved 19 January 2017.
  18. ↑ Nichols, Joseph Howard (1996). The Colonial Ancestors and Twentieth Century Descendants of Samuel A. Nichols (1787-1866) of Howard County, Maryland: Who was a Founding Father, Patriot, Civic Leader, Legislator, and Friend to the People of Clarksville, Maryland ... Heritage Books. pp. 132–1333. ISBN 978-0-7884-0559-4. Retrieved 13 October 2022.
  19. ↑ "NEWS OF THE DAY". The New York Times. 17 October 1860. Retrieved 15 June 2023.
  20. ↑ "DIED". The New York Times. 10 October 1860. Retrieved 15 June 2023.
  21. ↑ "DIED -- HALSTED". The New York Times. 2 July 1879. Retrieved 15 June 2023.
  22. ↑ "EX-SENATOR KEAN OF NEW JERSEY DEAD; Passed Away Last Night at Liberty Hall, Ursino, the House in Which He Was Born. PROMINENT AS A BANKER Defeated for Governor on Republican Ticket He Was Later Elected to United States Senate". The New York Times. 5 November 1914. Retrieved 3 April 2018.
  23. ↑ "MRS. W. ROOSEVELT DEAD IN HOSPITAL; Widow of Financier a Sister of Former Senator Kean of New Jersey. ACTIVE IN AIDING CHARITY Had Cooperated With Husband in Philanthropic Work -- Headed Institution". The New York Times. 1 March 1936. Retrieved 15 June 2023.
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