Charles P. Leverich

Charles P. Leverich (1811-1880) was an American banker.

Charles P. Leverich
Born1811
Died1880
OccupationBanker

Biography

Early life

Charles Palmer Leverich was born in 1811.[1] He had three brothers: Henry S. Leverich, James Harvey and Charles E. Leverich.[1][2]

Career

From 1834 onwards, he became a factor for Stephen Duncan (1787-1867), the wealthiest cotton and sugar planter in the Antebellum South.[1][2] He also served as a factor to the Minor and Connor families.[2] 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.[2] He operated under the name of 'Charles P. Leverich & Co.', with a Southern office in New Orleans, Louisiana.[3]

He joined the Board of Directors of the Bank of New York in 1840.[1][2] He went on to serve as its Vice-president in 1853 and its President from 1863 to 1876.[1][2][4] In this capacity, he helped raise US$50,000,000 for the Union army during the American Civil War of 1861-1865.[2]

Personal life

Both he and his brother Henry married nieces of Stephen Duncan's.[1]

Death

He died in 1880. His obituary was published in The New York Times.[5]

References
  1. Texas Archival Resource Online
  2. 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
  3. 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
  4. Warren, Gorham & Lamont, Incorporated, 1864, The Bankers Magazine, Volume 19, p. 531
  5. The New York Times: Obituary
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