James Stillman

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James Stillman
Portrait of James Stillman.jpg
Born James Jewett Stillman
(1850-06-09)June 9, 1850
Brownsville, Texas
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Manhattan, New York
Nationality American
Occupation Banker
Net worth USD $77 million at the time of his death (approximately 1/989th of US GNP)[1]
Spouse(s) Sarah Elizabeth Rumrill
Children 5
Parent(s) Charles Stillman
Elizabeth Pamela Goodrich

James Jewett Stillman (June 9, 1850 – March 15, 1918) was an American businessman who invested in land, banking, and railroads in New York, Texas, and Mexico. He was chairman of the board of directors of the National City Bank.[2]

Early life

Stillman was born on June 9, 1850 to Charles Stillman (1810–1875) and Elizabeth Pamela Goodrich in Brownsville, Texas, a town founded by his father. Both of his parents were born in Wethersfield, Connecticut. Charles Stillman had significant business interests which James acquired in 1872. He expanded those to control of sixteen Texas banks and a significant land holdings in the Rio Grande Valley, particularly Corpus Christi and Kerrville, Texas.[3]

Career

Along with W. Averell Harriman, Jacob Henry Schiff and William Rockefeller, he controlled the most important Texas railroads (including the Texas and Pacific Railway, the Southern Pacific Railroad, the International-Great Northern Railroad, the Union Pacific Southern Railway, the St. Louis, Brownsville and Mexico Railway, and the Mexican National Railroad).

In 1876, Stillman supported Porfirio Díaz's overthrow of the government of Mexico by the Revolution of Tuxtepec.

He was chairman of the board of directors of the National City Bank and retired in 1908.[2]

Personal life

He married Sarah Elizabeth Rumrill. Together they had:

His great-grandson is director Whit Stillman.[5]

He died on March 15, 1918 at his home on 9 East 72nd Street in Manhattan, New York.[2] His funeral was at St. Bartholomew's Episcopal Church, New York.[6]

Legacy

In 1928, the C.O. Stillman was named in his honor. At the time, it was the largest oil tanker in the World.[7]

Stillman is considered to have been one of the 100 wealthiest Americans, having left an enormous fortune.[1]

References

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  5. http://www.nytimes.com/1998/05/31/style/the-whit-stillman-rat-pack.html
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Further reading

  • John K. Winkler, The First Billion: The Stillmans and the National City Bank (New York: Vanguard, 1934).
  • John Mason Hart, "STILLMAN, JAMES," Handbook of Texas Online (http://www.tshaonline.org/handbook/online/articles/fstbp), accessed January 10, 2012. Published by the Texas State Historical Association.

External links

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  • James Stillman at Find a Grave
Business positions
Preceded by President/Chairman of National City Bank
1891–1909 (President)
1909–1918 (Chairman)
Succeeded by
Frank A. Vanderlip