John J. Mitchell (banker) explained

John J. Mitchell
Birth Date:3 November 1853
Birth Place:Alton, Illinois, US
Death Place:Libertyville, Illinois, US
Burial Place:Graceland Cemetery
Children:5, including Jack Mitchell
Occupation:Banker
Signature:Signature of John James Mitchell (1853–1927).png

John James Mitchell (1853–1927) was an American banker, president of the Illinois Trust and Savings Bank and Illinois Merchants Trust Company.

Biography

John J. Mitchell was born in Alton, Illinois, on November 3, 1853, the son of fellow banker William Hamilton Mitchell (1817–1910), and his first wife Lydia.[1] He joined his father's Trust & Savings Bank as a messenger boy in 1873, and was president from 1880 to 1923, then president of its successor, the Illinois Merchants Trust Company, from 1923 until his death in 1927.

He married Mary Louise Jewett in 1890, and they had five children. His eldest son,, succeeded him at the helm of the Continental Illinois National Bank and later became the director of Texaco, one of the largest and most successful oil companies of the era.[2] In 1918, William married Chicago socialite Ginevra King—the first love of writer F. Scott Fitzgerald—and inspired the character of Tom Buchanan in The Great Gatsby.[3] [4] [5]

His younger son, the banker John J. "Jack" Mitchell, married J. Ogden Armour's daughter Lolita in 1920 at the family's estate in the upper-class enclave of Lake Forest, Illinois.[1] [6] By 1926, the extended Mitchell family had amassed in excess of $120 million .[7]

His half-sister Hortense Lenore Mitchell (1871–1962) married the British architect, art dealer and collector Arthur Acton (1873–1953).[8] [9]

John J. Mitchell died in Libertyville, Illinois on October 29, 1927, from injuries suffered in a car accident which also claimed the life of his wife. He was buried at Graceland Cemetery in Chicago.[10]

Notes and References

  1. News: Bank President at 26 . . Chicago . Associated Press . 1 . 1927-10-29 . 2021-11-18 . Newspapers.com.
  2. News: Obituaries: William H. Mitchell, 92, Banker, Philanthropist . March 25, 1987 . . 30 . Newspapers.com . 2023-02-12.
  3. Book: Bruccoli, Matthew J. . Matthew J. Bruccoli . Some Sort of Epic Grandeur: The Life of F. Scott Fitzgerald . 86 . 2nd rev. . 2002 . 1981 . . Columbia, South Carolina . 978-1-57003-455-8 . Internet Archive . registration.
  4. Book: West, James L. W. . The Perfect Hour: The Romance of F. Scott Fitzgerald and Ginevra King, His First Love . 60–70 . New York . . 2005 . registration . Internet Archive . 978-1-4000-6308-6.
  5. News: . Genevra King to Wed Ensign Mitchell . July 16, 1918 . 15 . . 2023-02-12 . "Mr. and Mrs. Charles Garfield King of Lake Forest announced yesterday the engagement of their daughter, Ginevra, to William H. Mitchell, eldest song of Mr. and Mrs. John J. Mitchell of Chicago. Young Mr. Mitchell is an sign in naval aviation, stationed at Key West.".
  6. Book: Dreier . Peter . Peter Dreier . Mollenkopf . John . John Mollenkopf . Swanstrom . Todd . Place Matters: Metropolitics for the Twenty-first Century . 2nd rev. . 37 . . 2004 . 0-7006-1364-1 . Google Books . subscription . Lacking the outward signs of high status that the landed nobility of Europe once enjoyed, wealthy American families have long maintained social distance from the 'common people' by withdrawing into upper-class enclaves. Often located on forested hills far from the stench and noise of the industrial distracts, places like Greenwich, Connecticut; Lake Forest, Illinois; and Palm Beach, Florida, are 'clear material statement[s] of status, power, and privilege.'.
  7. News: . John J. Mitchell, Co-Founder of United Airlines, Dies at 87 . April 9, 1985 . . Los Angeles, California . December 2, 2022.
  8. News: Porcelli . Victor . Italian Princess Sues NYU For Billion-Dollar Art Collection . 21 June 2021 . Washington Square News . 24 August 2019.
  9. News: Bohlen . Celestine . A Tale of Love, Art and Money;A Collector, His Secretary, Their Children, and More . 21 June 2021 . New York Times . 9 June 1996.
  10. News: J. J. Mitchell, Sr., Killed . . Chicago . Associated Press . 1 . 1927-10-29 . 2021-11-18 . Newspapers.com.