New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-05-12
OBITUARY..
CORTIANDT PALMER


The death of COrtlandt Palmer occurred on
Monday evening his late residence, No. III Madison
For many years Mr. Palmer has been known as
OF the prominent residents OF New-York Wnen ne
left his home in Stoningon, Conn., to DeGih ne III tnS
city, his father gave h N small sum OF money Ito knew
how this money would AID him in securing COMFORT IN
place where he wasalmos an utter stranger but be re-
fused 10 accept himself the ground that II would
be of much greater benefit to his sisters, who were
unable to earn livelihood. When lie arrived
in New-York he was a penniless boy, ana
went TO work In hardware store belonging 10
an elder brother at Maiden lane and Pear-s''
When hardly Il years Of age he borrowed $500 from
of the three auctoneers with whom he had become
acquainted willie in his brothers establishment, and
with his modest capital Of 5000 purchased astoek OF hard
ware and became a merchant on his own account. His
business capacity and for him unusual sue
cess and in very short time he was able to pay back
the money. gradually acquired capital and
influence and several offers OF partnership were made
to him, among which was one from john ID. Won; nc
finally accepted the offer OF MessrS Stark Day Whit
and before long the firm became widely known IN tIe
manufacture and sale of hardware IN The unlted
The panic found him uuproptred for the shock
aud the business which he had managed SO long ana
sfullv collapsed under the pressure. When the
affairs Of the settled he found himself pos
scsscd Of some money, when ne i'esS' r1; ,
and much OF bis aubstqdeh success was uue 10 INV
vestment. BY thoughtful selection OF property MS
when it may by millions. At the time Of his
death he owned bali the DOCK bounded ~ br9h h
on which Manhattan Markets. built large amount
of valuable Boulevard and otIer uptown property ana
several large tracts Of land Ia the West.
?. In lsD Mr., Palmer married daughter or Richard
Sydam. Four children were born TO them, three OF
whom are living, two sons, one OF whom mas already
b,en for some time in general charge or his estate ana
daurhter tho wife Of Dr. Henry Drlper who has long
presided over household. In Apr, 1861, MIS- Palmer
died. go -, !,
Mr. Palmer was a director and one OF the founders OF
tbe Safe Deposit Company, and at one time ne was
President OF the StoninstOn Railroad Company ABOUT
two years ago appointed TO the POSITION OF COM
missioner apprase real estate owned by the ety.
and an disputes referred 10 HIM for decision By his
associates funeral will take place tomorrow AT 10
a m from his late residence. The Rev. Dr.. Hutton OF
tha Wasbin gton square formed Church VIII onlcate.
and the remains will he to Greenwood for Inter.
ment. The pa-bearers are VIM. l.. Dodge samuel j..
Tilden Charles Butler, Vim. Il. OgGen George Forrest
WIN. Barton, James Brown, WIN. Tracey, Samuel d.
Btbcock, ana Thomas ID. Day.
OBITUARY NOTES.
The Rev. Dr. Marvin, managing editor of
The Boston Daily Ye,rs died In Wellesley Mass. last
evening. after "A brief Illness, At the age OF 81.
John Z. Flagg of Troy died suddenly
Yesterday at the age of 3d. Mr. FlaCg, who was prom
inont lawyer served two terms in tho Assembly, and
was Mayor OF Troy about ten years ago
Welcome FarDum, formerly a leading wooden
manufacturer at Waterford. Mass, and an extensive
railroad stakeholder, died yesterday on Prudence
Island r. l. He accumulated considerable wealth in
his business but lost IL all in other enterprises,
and had lived the last eight years IN retirement