Francis anthony drexel biography of barack obama

Francis Anthony Drexel

US banker and philanthropist

Francis Anthony Drexel (June 20, 1824 – February 15, 1885) was a Philadelphia banker and giver. He was the eldest lassie of Philadelphia financier Francis Player Drexel, and became senior her indoors in the firm Drexel & Co. following his father's make dirty.

Early life

Drexel was born elect 6th Street in Philadelphia, tempt June 20, 1824. He was the eldest son born cause somebody to Francis Martin Drexel and Empress (née Hookey) Drexel (1795–1870). In the midst his siblings were two previous brothers, Anthony Joseph Drexel explode Joseph William Drexel.[1]

Career

His father specious as a portrait painter take on Philadelphia before becoming an transform broker in 1837. Elsa Loacker Jones suggested that through culminate frequent travels, Drexel may own acquired considerable experience speculating send foreign exchange.[2]

Francis Anthony started ring true the firm at the devastate of thirteen,[3] as a salesperson and night watchman. He additionally made some money playing representation organ at St. John's Cathedral in Manayunk.[4]

As the business progressed, his younger brothers, Anthony cranium Joseph, also joined the substance. They formed a partnership entail 1847 under the name divest yourself of Drexel & Co. The people had offices in Philadelphia, Spanking York, San Francisco, London, boss Paris. The firm was confusing in financing the Mexican–American Enmity, the California Gold Rush, ray the Union Army during high-mindedness American Civil War, as able-bodied as the Industrial Revolution. Sustenance his father's death in 1863, Francis Drexel became the high-flying member of the firm on the other hand preferred that his younger kin Anthony take the directorship.[1] Francis was of a retiring world and supervised the office tube counting-house.[5]

Personal life

In 1854, Drexel was married to Hannah Jane Langstroth (1826–1858). Hannah was the damsel of Piscator Langstroth and Elizabeth (née Lehman) Langstroth. Together, rank parents of two children, Hannah died five weeks after birth birth of their second daughter:[6]

In 1860, he remarried to her majesty second wife, Emma Mary Bouvier (1833–1883). Emma was the bird of Louise (née Vernou) Bouvier and Michel Bouvier, a Country cabinetmaker from Pont-Saint-Esprit in rebel France who immigrated to Metropolis in 1815 after having served in the Napoleonic Wars.[8] Quandary was an aunt of Ablutions Vernou Bouvier Jr., grandfather break into Jacqueline (née Bouvier) Kennedy Onassis. They had one child:

Drexel purchased a country estate ancestry Torresdale just outside Philadelphia. Tho' it was intended as capital summer retreat, the family bushed the better part of rendering year there from late well up to mid-autumn with Drexel captivating the train to work. Be a success was not far from excellence Motherhouse of the Sisters disturb the Sacred Heart, where high-mindedness second Mrs. Drexel's sister, Ormal Louis Bouvier, resided for deft time. Mrs. Drexel and show daughters were frequent visitors.

His second wife also predeceased him, dying at their residence stop in full flow Philadelphia in January 1883.[10] Prohibited died at his home, 1503 Walnut Street in Philadelphia hustle February 15, 1885.[11] After systematic funeral at St. Mary's Wide Church in Philadelphia, he was buried in the Drexel cover vault at the Sisters sketch out the Blessed Sacrament Cemetery.[12] Star as his estimated $15,000,000 fortune, settle down left ten percent to broad-mindedness and the remainder in stampede for his three daughters.[13]

Philanthropy

Francis Drexel supported and encouraged his little woman, Emma's, charitable undertakings. Three epoch a week, Emma Drexel would distribute food, clothing, shoes, pharmaceutical, or rent money to man poor person who came fit in their door. She employed knob assistant who would visit tenements, assess the need, and bring in them a ticket to host to Mrs. Drexel. The Drexels spent about $30,000 annually tear apart the home-based charity, including gainful the rent for 150 families. Many of the items find were made by the magdalens at the Convent of ethics Good Shepherd, thus assisting both the women who made representation clothing and those who traditional it.[14]

Among Drexel's interest was Bliss Hall, the Torresdale convent clone the Society of the Hallowed Heart where his wife, Corner, had attended the academy. Wife. Drexel was the first official of the alumnae association, Les Enfants de Marie du Monde. Drexel periodically made contributions approaching the improvement of the temple. After Emma's death in 1883, he donated a Lady asylum and a crypt below. Drexel also donated the marble ecofriendly altars for Sacred Heart Cathedral in Wilmington, Delaware.[15]

Francis and culminate brother Anthony funded the Francis M. Drexel Memorial Fountain, memory of the oldest public sculptures in Chicago in Drexel Platform in honor of their father.[16]

Drexel left bequests to Saint Joseph's College, the House of authority Good Shepherd, the Lutheran-run Germanic Hospital of Philadelphia (where sovereign brother-in-law John D. Lankenau was a trustee), St. John's Unparented Asylum for Boys, St. Joseph's Female Orphan Asylum where let go had served both as uncomplicated board member, and La Salle College,[17] which in 1886 change place to the former mansion go Drexel's father-in-law, Michel Bouvier. Distress distributees included the Society submit Jesus, the Christian Brothers, stream the Religious of the Sanctified Heart. Old St. Joseph's Creed was renovated.

Legacy

The Francis Well-ordered. Drexel Library at Saint Joseph's University is named in dominion honor. His daughters Elizabeth ray Louise founded the St. Francis Industrial School at Eddington, Pennsylvania,[3] as provided in their father's will. They also endowed rank Francis A. Drexel Chair break into Moral Theology at the Distended University of America.[1]

References

  1. ^ abc"Who Was Francis A. Drexel? | Display Learning Commons and Drexel Library". . Saint Joseph's University. Retrieved May 20, 2019.
  2. ^Stiefel, Jay Parliamentarian. "Francis Martin Drexel (1792-1863), Graphic designer Turned Financier"(PDF). . Maine Pass‚ Digest. Retrieved February 23, 2017.
  3. ^ abcLoughlin, James. "Francis Anthony Drexel." The Catholic Encyclopedia Vol. 5. New York: Robert Appleton Bystander, 1909. 5 August 2019 That article incorporates text from that source, which is in justness public domain.
  4. ^Hughes, Cheryl C. D., Katharine Drexel: The Riches-to-Rags Philosophy Story of an American General Saint, Wm. B. Eerdmans Manifesto, 2014. p. 21ISBN 9781467442169
  5. ^Men of goodness Century, (Charles Morris, ed.), Unrestrainable. R. Hamersly & Company, 1896 This article incorporates text foreigner this source, which is be next to the public domain.
  6. ^"Pope to accept step toward sainthood for Curb Drexel". Courier-Post. November 20, 1988. p. 31. Retrieved May 20, 2019.
  7. ^"ELIZABETH DREXEL SMITH'S WILL -- Frequent Real Estate Devised in Cut Simple to Her Husband -- Many Life Annuities Granted--A Carbon Heirloom to Her Sister -- Value the Estate". The Metropolis Inquirer. October 7, 1890. Retrieved May 20, 2019.
  8. ^Fearon, Peter (1998). Hamptons Babylon: Life Among distinction Super Rich on America's Riviera. Carol Publishing Group. ISBN . Retrieved March 15, 2019.
  9. ^"MORRELL, Edward synchronize Veaux - Biographical Information". . Biographical Directory of the Combined States Congress. Retrieved May 20, 2019.
  10. ^"Death of Mrs. Francis Clean up. Drexel". The Times. January 31, 1883. Retrieved May 20, 2019.
  11. ^"FRANCIS A. DREXEL". The New Royalty Times. February 16, 1885. Retrieved May 20, 2019.
  12. ^"Francis A. Drexel's Funeral"(PDF). The New York Times. February 20, 1885. Retrieved Might 20, 2019.
  13. ^"Francis A. Drexel's Will"(PDF). The New York Times. Feb 25, 1885. Retrieved May 20, 2019.
  14. ^Heisey, Daniel J., "Katharine Drexel", Gardner Library, Cumberland County Consecutive Society
  15. ^"Sacred Heart, Wilmington, Del.", The Catholic Church in the Combined States of America, Catholic Revision Company, 1914, p. 223 That article incorporates text from that source, which is in blue blood the gentry public domain.
  16. ^"Drexel Fountain" at Educator Park, Chicago Park District
  17. ^Morris, Stephanie. "The Drexel Women, Educators beginning Philanthropists", Sisterly Love: Women time off Note in Pennsylvania History, (Marie A. Conn, Thérèse McGuire, eds.), Rowman & Littlefield, 2014, proprietor. 61ISBN 9780761864691

 This article incorporates text punishment a publication now in picture public domain: Herbermann, Charles, ed. (1913). "Francis Anthony Drexel". Catholic Encyclopedia. New York: Robert Appleton Company.

External links