Charles P. Leverich

Charles P. Leverich (1809-1876) was an American banker.

Charles P. Leverich
BornJuly 17, 1809
DiedJanuary 10, 1876
OccupationBanker
PredecessorAnthony P. Halsey
SuccessorCharles M. Fry

Biography

Early life

Charles Palmer Leverich was born on July 17, 1809, in Newtown, Queens on L.I., N.Y. [1][2] He had three brothers: Henry S. Leverich, James Harvey and Charles E. Leverich.[2][3]

Career

From 1834 onwards, he became a factor for Stephen Duncan (1787-1867), the wealthiest cotton and sugar planter in the Antebellum South.[2][3] He also served as a factor to the Minor and Connor families.[3] Additionally, he was a factor to planters William Newton Mercer (1792-1874), Levin Marshall, William St. John Elliot, Francis Surget (1784-1856) and his son Francis Surget Jr. (1815-1866), Sam Davis, William T. Palfrey, Mary Porter and John Julius Pringle.[3] He operated under the name of 'Charles P. Leverich & Co.', with a Southern office in New Orleans, Louisiana.[4]

He joined the board of directors of the Bank of New York in 1840.[2][3] He went on to serve as its Vice-president in 1853 and its President from 1863 to 1876.[2][3][5] In this capacity, he helped raise US$50,000,000 for the Union army during the American Civil War of 1861-1865.[3]

Personal life

Both he and his brother Henry married nieces of Stephen Duncan's.[2]

Death

He died on January 10, 1876. His obituary was published in The New York Times.[6]

References
  1. Henry W. Domett, A History of The Bank of New York 1784 - 1884, New York, NY: G. P. Putnam's Sons, 1884, p. 103
  2. Texas Archival Resource Online
  3. William Kauffman Scarborough, Masters of the Big House: Elite Slaveholders of the Mid-nineteenth-century South, Baton Rouge, Louisiana: Louisiana State University Press, 2006, pp. 155-156
  4. Scott P. Marler, The Merchants' Capital: New Orleans and the Political Economy of the Nineteenth-Century South, Cambridge, England: Cambridge University Press, 29 Apr 2013, p. 110
  5. Warren, Gorham & Lamont, Incorporated, 1864, The Bankers Magazine, Volume 19, p. 531
  6. The New York Times: Obituary
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