Frederick D. Tappen Explained

Office:President of the Gallatin National Bank
Term Start:1868
Term End:1902
Predecessor:James Gallatin
Successor:Samuel Woolverton
Birth Name:Frederick Dobbs Tappen
Birth Date:29 January 1829
Birth Place:New York City
Death Place:Lakewood, New Jersey
Education:Columbia College Grammar School
Alma Mater:New York University
Parents:Charles Barclay Tappen

Frederick Dobbs Tappen (January 29, 1829 – February 28, 1902) was an American banker who was president of the Gallatin National Bank.

Early life

Tappen was born in New York City on January 29, 1829. He was one of eleven children of Col. Charles Barclay Tappen (1796–1893), a veteran of the War of 1812 who was "a famous architect in his day" and was Commissioner of Public Works in New York City from 1835 to 1838.[1] Reportedly, "the family was of old Holland stock that fled to England to escape the Spanish persecutions in the Netherlands, while the first American ancestor" came to the United States "in 1630 and settled at Fort Orange, now Albany".

He prepared for college at the Columbia College Grammar School and then entered New York University from where he graduated in 1849.

Career

Tappen began working for the National Bank in the City of New York as specie clerk on November 12, 1850. He steadily advanced, becoming bookkeeper, receiving teller, paying teller, assistant cashier, and cashier in October 1857. In 1865, the name of the bank was changed to the Gallatin National Bank to honor its first president, former U.S. Treasury Secretary Albert Gallatin. Following the retirement of Gallatin's son James Gallatin as president in 1868, Tappen assumed the presidency of the Gallatin National Bank,[2] a role he served until his death in 1902.[3] In 1899, he was elected a trustee of the Fifth Avenue Trust Company.[4]

He served as chairman of the Loan Committee of the New York Clearing House during the panic of 1873, 1884, 1890 and 1893. For his services on the Committee, he was awarded a silver tankard in 1893 that had been originally presented to Sir John Houblon, first Governor of the Bank of England.[5] In 1892, he was elected a trustee and made treasurer of the Grant Monument Association, which constructed Grant's Tomb.[6]

Personal life

In 1851, Tappen was married to Sarah Ann Brown Littell (1830–1912), a daughter of Caleb Maxwell Littell and Mary Ross (Clark) Littell. Together, they lived at 49 East 68th Street, and were the parents of several children, including:

After a brief illness, Tappen died at Lakewood, New Jersey on February 28, 1902.[14] After a funeral at the All Souls Episcopal Church on Madison Avenue, he was interred at Trinity Church Cemetery at 152nd Street in Manhattan.[15]

References

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Sources

Notes and References

  1. News: CHARLES B. TAPPEN. . 19 November 2021 . . 21 April 1893.
  2. News: F.D. TAPPEN CONGRATULATED.; His Thirtieth Year as President of the Gallatin National Bank. . 19 November 2021 . . 2 July 1898.
  3. News: FREDERICK D. TAPPEN. . 17 November 2021 . . 2 March 1902.
  4. News: Elected F.D. Tappen a Trustee. . 19 November 2021 . . 18 April 1899.
  5. News: MR. TAPPEN'S SILVER TANKARD; IT HAS A VALUE FAR BEYOND ITS INTRINSIC WORTH. Wonder Is that the Governor of the Bank of England Allowed It to be Taken from England -- Circumstances of its Presentation to Sir John Houblon, First Governor of the Bank -- Why the Houblon Family Parted with It Not Known. . 19 November 2021 . . 26 November 1893.
  6. News: GRANT MONUMENT ASSOCIATION.; TRUSTEES ELECTED -- FREDERICK D. TAPPEN MADE TREASURER. . 19 November 2021 . . 23 March 1892.
  7. News: DIED -- BROOKS . . 23 September 1889.
  8. News: DIED -- BROOKS . 19 November 2021 . . 9 May 1896.
  9. News: DIED -- TAPPEN . 19 November 2021 . . 9 July 1881.
  10. News: GEORGE I. SENEY IS DEAD.; SUCCUMBED TO AN ATTACK OF HEART DISEASE LAST NIGHT. . 19 November 2021 . . 8 April 1893.
  11. News: MARRIED -- SENEY--TAPPEN . 19 November 2021 . . 22 April 1883.
  12. News: MRS. F.D. TAPPEN EXAMINED.; The Banker's Wife Questioned Regarding Her Daughter's Property -- An Unsettled Judgment. . 19 November 2021 . . 8 February 1898.
  13. News: Times . Special to The New York . Bates--Wilbur.; Herzog--Adams. Seatree--Fleming. Nichols--Scott. . 19 November 2021 . . 12 June 1903.
  14. News: FREDERICK D. TAPPEN HAS PASSED AWAY; The Honored Financier Died After a Brief Illness. HIS PART IN CITY HISTORY In Time of Peril Bankers and Merchants Turned to Him for Counsel -- His Work in Panic Years and in the Clearing House. . 17 November 2021 . . 1 March 1902.
  15. News: FUNERAL OF F. D. TAPPEN.; Leading' Business Men Attended the Services at All-Souls7 P. E. Church. . 19 November 2021 . . 4 March 1902.