The Somerset press. [volume] (Somerset, Ohio) 1873-1977, 1876-04-14
Death OF a. r. stewart. America :
Greatest Merchant.

New York, April IA. T. Stew
art. who die. hear yesterday. was one of
he largest real estate owners in The
United Stale= He owned two valuable
blocks on broadway. and occupied them
- business establishments. lie alSu
owned the Metropolitan and 81, Nicho-
las Hotels, Globe Theaier, Nihlo's Gar
len. Amity street Bapti<, Church, and
Grand street PRESBYTERIAN Church, his
mansion on Fifth avenue, and nearly
TWO hl,.gkS on Bleeck+r street, several
iue re~idenees on Fifth avenue eight
thonsInd acres of land at Hampstead.
with numerous houses thereon. and an
immen-e amount "fpr"perty at Glenham
an The Hudson He also owns the Un-
ion Hotel, Saratoga, hotel for working
women, Fnnrth avenue and Thiriy-sve-
nd street; besides innumerable houses
N the city. and tracts If suburban prop
-rty The firm. A. T. Stewart d Co.
had branch hnn<e< at Paris, Lyons. Nam
hester, Br iifnrd. Nottingham, Belfast.
iIago~. Berlin, Chenowitz, Philadel-
phia and Boston.
From O. 5. Journal,
Recent sketches Of Mr. Stewart pro
no ed the general belief that he was
nan nf exIraardinarv vitality for one of
liS advanced age. and the expectation
hat he wnuld live to take ar active part
in mercantile anI social alf,ir- fnr many
years TO come. Indeed the Pr"<Peri thai
he would build another uptown store
has been seriously discussed within a
few weeks, and his death interrupts "A
gigantic mill enterprise on extensive
property which he owned, AT (flenham.
near Fishkill Mills were to be erected
| of sufficient capacity to carry ont a plan
for substituting domestic manufacture of
4 very large line of goods which are now
| imported Mr. Stewards name was also
conspicnously associated with the ar
rangements for the entertainment of the
Emperor of Brazil, on his coming visit
to the United States. on scale of
\ princely magnifcence. A short but pain
| ful illness has cnt off the great merchant,
and at the same time estopped or defer
ed enterprise of much public moment.
| Mr.. Stewart was horn near Belfast,
| Ireland, in 1903, and after receiving an
education at Trinity College, Dublin,
came to the United Stntes in 1928. He
advanced rapidly in business and wealth,
and in 1S48 built the marble store on
the corner of Broadway and Chambers
Streets-a building then looked upon as
| palatial wonder, He anticipated the
-'mp town" movement and in 1862 moved
the retail department of his business to
the new six story brick building on the
square bond bv Broadway, Fourth aven-
ne, Ninth and Tenth streets. The in
vestment in the retail store, and the land
npon which it is built, is estimated at
s2,75O,OOO.
| Mr.. Stewards residence was on a scale
not less colossal than his business
buildings, and he was lavish in beautify,
ing it. His investments in art were very
large; his last acquisition the new
painting by Mei<sioner, called the
Charge des uirassierus'-cO=iine him
rbnut $4,000. His wealth was vast
reaching, according to the latest estimate
toward the marvellous sum Of ninety
millions Recent comparisons have rails
ed the question whether he was not the
richest man in the world. Ii is wealth
exceeds that of Vanderbilt, and poSsihl,
of any single member of the Roth>chilt
partnership. He acquired it hs his owl
exertions, starting into business VIII l
Vanderbilt and Astor were alread,
wealthy.
Mr.. Stewards prominence was mainl,
due 10 his great success in business. H.
was never in political life, although hi
education, his taste for art, and hi
princely entertainment brought him int,
direct association with statesmen, litera
ry people and artists, and his fitness 70
high official station was conceded on al
| hands. He was nominated for Secretar,
, of the Treasury at the beginning O
f President Grants first term; but hi
name was withdrawn on account of al
, old law, still in force, which rendere,
> him Ineligible on account of being al
{ imDorter