Grant B. Schley Explained

Grant B. Schley
Birth Name:Grant Barney Schley
Birth Date:25 February 1845
Birth Place:Chapinsville, Ontario County, New York, US
Death Place:Far Hills, New Jersey, US
Burial Place:Kensico Cemetery
Occupation:Businessman
Education:Canandaigua Academy
Signature:Signature of Grant Barney Schley (1845–1917).png

Grant Barney Schley (February 25, 1845 – November 22, 1917) was an American financier and clubman who was a founder of Moore & Schley.

Early life

Schley was born on February 25, 1845, in Chapinsville in Ontario County, New York.[1] He was a son of Evander Schley (1807–1898) and Olive (Higby) Schley (1809–1888). Among his siblings were older brothers Evander Higby Schley (an agent of the American Express Co. in Geneva) and William T. Schley (a prominent lawyer who was great-grandfather of New Jersey Governor Christine Todd Whitman).[2] [3] [4]

He attended the Canandaigua Academy, before becoming a clerk in the express office of Wells, Butterfield & Co. at Syracuse at the age of sixteen in 1861. Five years later, when the Adams Express Company was formed by the consolidation of various companies, Schley went to New York City to run the money order department of the firm.

Career

In 1874, Schley became clerk in the First National Bank. After six years with First National, he resigned as head of the foreign exchange department to form a brokerage business under the firm name of Groesbeck & Schley with Ernest Groesbeck. In 1885, John Godfrey Moore of the Mutual Telegraph Company entered the brokerage business and Schley became one of his partners in a firm known as Moore and Schley. For many years, he was active on the floor of the New York Stock Exchange, counting among his clientele many of the most prominent men in the country, including Henry Huttleston Rogers, William C. Whitney, William Rockefeller, Oliver Hazard Payne, and John Warne Gates.

Schley served as a director of the American Smelting and Refining Co., the Chihuahua Mining Co., the Coal Creek Mining & Manufacturing Co., the Electric Storage Battery Co., the Elliott-Fisher Co., the Northern Pacific Railway, the Pittsburgh Coal Company, and the Republic Iron and Steel Company.

Personal life

In 1879 Schley was married to Martha Elizabeth Baker (1842–1910), a daughter of New York Assemblyman George Ellis Baker and the former Eveline Stevens.[5] Martha's brother was financier George Fisher Baker, who was known as the "Dean of American Banking" and served as president of First National Bank of New York.[6] Together, they had a townhouse at 845 Fifth Avenue (across the street from the Mrs. William B. Astor House) and a country estate in Far Hills, New Jersey, were the parents of:

He was a member of the Union League Club, Metropolitan Club, New York Yacht Club, Jekyll Island Club, Automobile Club of America, Peary Arctic Club, the France-America Society, Essex Fox Hounds, Somerset Hills Country Club. Schley was also a member of the Agricultural Association, the Academy of Political Science, the Economic Club, and the Archeological Society.

Schley died on November 22, 1917, at his home in Far Hills, New Jersey.[19] He left a gross estate worth $9,210,146 which was reduced to $5,894,715 after payments of debts and expenses.[20]

Descendants

Through his son Chaloner, he was a grandfather of Grant Barney Schley (1907–1943), who was one of four airmen killed in the crash of the bomber at Yakohl Valley,[21] and Chaloner Baker Schley (1911–1936).[22]

Through his son Grant, he was a grandfather of Grant Barney Schley (–1959),[23] and Jeanne Marie Schley (1925–1969),[24] who married Thomas Jackson Oakley Rhinelander (grandson of T. J. Oakley Rhinelander)[25] in 1947.[26]

Through his son Kenneth, he was a grandfather of Anne Caroline (Schley) Stradling (1913–1992) and aviator Kenneth Baker Schley Jr. (1917–2001).[27]

See also

Notes and References

  1. Book: America's Successful Men of Affairs: An Encyclopedia of Contemporaneous Biography . I . Henry . Hall . The New York Tribune Company . 577 . 1895 . 2021-12-05 . Internet Archive.
  2. News: Died: Schley . 2021-12-05 . . 11 . 2 July 1912 . NewspaperArchive.
  3. News: Eleanor Schley Engaged to Wed; Daughter of Mr. and Mrs. Reeve Schley of Far Hills Be- trothed to Webster B. Todd. Made Her Debut in 1929 Bride-to-Be Now Is a Student at BarnarduHer Fiance Studied Here and Abroad. . 15 October 2021 . . 16 . 1 June 1933 . subscription.
  4. News: Cook . Joan . Eleanor S. Todd, 79, A Longtime Leader In New Jersey G.O.P. . 2021-12-05 . . D16 . 2 January 1991.
  5. News: Died . 2021-12-05 . . 9 . 14 February 1910 . NewspaperArchive.
  6. News: George F. Baker, 91, Dies Suddenly of Pneumonia; Dean of Nation's Bankers; Stricken on Thursday; Financier Succumbs in His Madison Av. Home With Family at Side. Smiles to Them at End; Complained After Board Session and His Illness Became Grave in a Few Hours. Long Active Despite Age; Director of Steel Corporation and Head of First National, He Gave Millions to Public. . 17 June 2020 . . 1 . 3 May 1931 . subscription.
  7. News: Obituary Notes: Chaloner B. Schley . 2021-12-05 . . 17 . 18 February 1917 . Newspapers.com.
  8. News: Obituary Notes: Chaloner B. Schley . 15 October 2021 . . 27 . 5 April 1928 . subscription.
  9. News: Grant B. Schley, 56, Stock Broker, Dies; Partner in New York Firm Was Nephew of George F. Baker -- Stricken in France. Had Been Active in Sport; Former Member of Exchange Had Lived Abroad for 10 Years -- Estate a Show Place. . 13 October 2021 . . N11 . 12 January 1936 . subscription.
  10. News: Divorces Grant B. Schley.; Wife of New York Banker Gets Decree in Paris. . 2021-12-05 . . 13 . 21 August 1922 . Newspapers.com.
  11. News: Mrs. J. F. Byers . 15 October 2021 . . 47 . 10 September 1969 . subscription.
  12. News: Kenneth B. Schley, Stock Broker, Dies; Partner-in Moore & Schley Host to Windsors in 1941 --Director of Several Firms . 15 October 2021 . . 19 . 13 June 1944 . subscription.
  13. News: Mrs. Kenneth Schley . 15 October 2021 . . 27 . 12 August 1965 . subscription.
  14. News: Miss Ellen Rogers Engaged.; Mr. and Mrs. Archibald Rogers's Daughter to Wed Kenneth B. Schley. . 2021-12-05 . . 15 . 19 April 1912 . Newspapers.com.
  15. News: Other Weddings --- Schley--Duer . 13 October 2021 . . S32 . 31 March 1931 . subscription.
  16. News: Mrs. Evander B. Schley; Banker's Wife Aided Several Philanthropic Causes . 13 October 2021 . . 29 . 16 August 1950 . subscription.
  17. News: Obituary: Mrs. Evelyn Schley . 2021-12-05 . Bernardsville News . 16 January 1919 . 8 . Newspapers.com.
  18. News: A Day's Weddings: Behr-Schley . 2021-12-05 . . 9 . 21 March 1906 . Newspapers.com.
  19. News: Grant B. Schley, Financier, Dead; Head of Firm of Moore & Schley and Member of Stock Exchange for 36 Years . . newspapers.com . 17 May 2023 . 23 November 1917.
  20. News: Grant B. Schley Left $5,894,715 Net; Estate, Most of Which Is in Securities, to Be Divided Among Family. . 15 October 2021 . . 11 . 26 November 1924 . subscription.
  21. News: Grant Schley Dies in Plane Crash . 15 October 2021 . . 10 May 1943 . 2.
  22. News: C.B. Schley Dies of Hurts; Baltimore Man Sucoumbs After Crash in Which Wife Lost Life. . 13 October 2021 . . Atchison, Kansas . AP . 17 . 14 January 1936 . subscription.
  23. News: Stockbroker a Suicide; Grant B. Schley Found Dead on Locust Valley Estate . 13 October 2021 . . 67 . 26 April 1959 . subscription.
  24. News: Deaths: rhinelander . 15 October 2021 . . 43 . 9 July 1969 . subscription.
  25. News: Thomas Rhinelander, Real-Estate Broker, 69 . 2021-12-05 . . D24 . December 5, 1989 . en.
  26. News: Miss Schley Plans Marriage Sept. 6; Will Be Bride in Southampton of T. J. Oakley Rhinelander in Home Ceremony . 15 October 2021 . . 26 . 13 August 1947 . subscription.
  27. Web site: Kenneth Baker Schley, Jr.. New Jersey Hills Media Group. 21 January 2018.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Grant B. Schley".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.