John Gerard Coster Explained

John Gerard Coster (August 1762 – August 8, 1844) was a Dutch-American merchant who served as president of the Bank of the Manhattan Company.

Early life

Coster was born in August 1762 in Haarlem, Holland. He was a son of John Henry Coster (d. 1776) and Anna Catherine (née Vienecke).[1]

He was educated to be a physician under the tutelage of his brother Haro who was a well-known physician in the British Navy.[2]

Career

After briefly living in Demerara in the West Indies,[3] Coster came to the United States from Haarlem in the Netherlands shortly after the Revolutionary War and founded the family fortune with his brother through the mercantile firm, "Henry A. & John G. Coster". They became owners of numerous vessels and traded with the East and West Indies, and exported American commodities to Europe.

In 1809, Coster financed the building of Washington Hall, a hotel, banquet hall, and restaurant that served as an early meeting place and headquarters for the Washington Benevolent Society, a semi-secret association that was an electoral arm of the Federalist Party.[4]

In 1813, he was made a director of Bank of the Manhattan Company, which had been founded by Aaron Burr in 1799. In 1825, Coster was made president of the Manhattan Company, succeeding Henry Remsen upon his death. Coster was also a director of the Phoenix Insurance Company for many years.[5]

Personal life

Coster was married to Catherine Margaret Holsman (–1847).[1] Together, they lived in a house which he built at 539 Broadway, north of Canal Street, which was considered "one of the finest residences in New York." It was built by two of the most well-known architects of the day, Alexander Jackson David and Ithiel Town.[6] They were the parents of twelve children, many of whom married into many prominent families including the Schermerhorns and Heckshers., including:[7]

J G Coster died on August 8, 1844.[11]

Descendants

Through his son Daniel, he was a grandfather of Harry Coster, an American clubman who was prominent in New York Society during the Gilded Age.[12]

Through his daughter Julia, he was a grandfather of Henrietta Reubell (–1924),[13] who was a prominent figure in Paris society known for hosting a lively salon at her apartment at 42 avenue Gabriel, including James McNeill Whistler, Oscar Wilde, Edith Wharton, and Henry James.[14]

Notes and References

  1. Book: Townsend . Annette . The Auchmuty family of Scotland and America. . 1932 . The Grafton Press . New York . 257–260 . 6 January 2019.
  2. Web site: John Gerard Coster (1762-1844) - HouseHistree . 2023-04-09 . househistree.com.
  3. Web site: John Gerard Coster (1762-1844) - HouseHistree . 2023-04-09 . househistree.com.
  4. Web site: https://www.literarymanhattan.org/place/washington-hall/ . 2023-09-29 . www.literarymanhattan.org.
  5. Book: Lamb . Martha Joanna . Wall Street in History . 1883 . Funk and Wagnalls . New York . 978-1-59605-087-7 . 83. 27 August 2020 . en.
  6. Web site: Coster Mansion - HouseHistree . 2023-04-09 . househistree.com.
  7. Book: Weeks . Lyman Horace . Prominent Families of New York; being an account in biographical form of individuals and families distinguished as representatives of the social, professional and civic life of New York city . 1897 . The Historical company . New York . 6 January 2019.
  8. News: DIED. . 6 January 2019 . . October 3, 1890.
  9. CONBEYANCES. New York City . Record and Guide . February 18, 1890 . XLV. 1144 . 229, 251 . 29 October 2021.
  10. Web site: THE COSTER FAMILY SET OF SEVEN CLASSICAL CARVED MAHOGANY CURULE-BASE DINING CHAIRS, ATTRIBUTED TO DUNCAN PHYFE (1768-1854), NEW YORK, 1810-1820 . www.christies.com . . 6 January 2019 . en.
  11. Book: Greene . Richard Henry . Stiles . Henry Reed . Dwight . Melatiah Everett . Morrison . George Austin . Mott . Hopper Striker . Totten . John Reynolds . Pitman . Harold Minot . Forest . Louis Effingham De . Ditmas . Charles Andrew . Mann . Conklin . Maynard . Arthur S. . The New York Genealogical and Biographical Record . 1919 . . 305 . 6 January 2019 . en.
  12. News: McAllister. Ward. THE ONLY FOUR HUNDRED WARD M'ALLISTER GIVES OUT THE OFFICIAL LIST. HERE ARE THE NAMES, DON'T YOU KNOW, ON THE AUTHORITY OF THEIR GREAT LEADER, YOU UNDER- STAND, AND THEREFORE GENUINE, YOU SEE.. 26 March 2017. The New York Times. 16 February 1892. en.
  13. Web site: Henrietta Reubell ca. 1884–85 . www.metmuseum.org . . 28 October 2021.
  14. Fisher . Paul . "Her Smoking Was the Least of Her Freedoms": Henrietta Reubell, Miss Barrace, and the Queer Milieu of Henry James's Paris . . 28 October 2021 . 247–254 . 10.1353/hjr.2012.0027 . 2012. 33 . 3 . 161778059 .