New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-11-02
JAMES BROWN.

James Brown, the founder of the well-known
house OF Brown Brothers CO.. Of this city died yeser-
day morning his residence. No. 3S East Thirty-sev-
enthst His death is believed TO have been due 70 e&-
reme old age he in his eighyseyenth year Two
years ago. however, he suffered from severe attack OF
pneumonia since which time his health has gradually
declined. As his death expected his bedside was
surrounded by all the relatives in the city.
Sir. Brown born in Ulster County, Ireland, IN
February 1891 lie was the youngest OF Alexander
Brown, a successful linen merchant In about l19S
Alexander Brown came to this country. and with his
family. settled I'm Baltimore, whore he established a
linen house His sent 10 England for their ed
ucaton As the sons became Of age, they were taken
into their fathers business. Tho firm name In
time changed to Alexander Brown q Cons.
In order extend the business, branch houses were es
t,blished Sir william Brown, the oldest sent
TO Ljyerpool I'm 1909 Soon afterwards, the next two
Cons, George and John A., were sent, re5pectVey. 70
PHILADELPHIA and Boston. James sent to New York
IN Is15 10 establish the present house. Although 40
first the linen business was conducted in thus city, the
intention from the start change il to the present
srstr,n -, honkIno This occurred in about 1927
From the time the house established James brown
has been of the representative bankers Of tbs cy
ino the manic of l. b. the firm held American bills
for very large amount This included nearly 9oOOOOo
protested paper and engagements were 70 De Gct 10
FINLAND amonim To- nearly SlO 900. The resources
OF the firm were agely Invested M American St9les
which We're not alable at that time This rendered III
almost impossible to draw bills, remit specie To
England while the panic prevailed IN Europe ~ Wen Is
would only have aggravated the commercial cn-
hlrrassment. and finally the Lngllsh pIahch
from the Bank OF England sufficient 10 meet an Iue
ENGAGEMENTS in this country. Securities to the amount
OF 900 depO sitcd. IL six months tlme the
whole returned TO the Bank OF England rms
gave tie firm q reputation for hu'.ntsS integrity
winch has enabled u since 10 overcome every Cd
sttcc. Among tae main features OF the business was
the purchasing OF bills on cotton and thus The SouIn
ton trade was EcIpcd enormously. Al present IRE
houses in PhlaGclphl and Boston, under the name Of
Brown Brothers Il Co., are agencies 81 ne
NcTY0r house. There also branches IN London ana
Liverpool. under The name OF Brown. Snpley q co.
r Brown has not been actively engaged 10 DI,icsa Tor
twenty-five years For my years ne was connected
with the Chamber Commerce, joining il on -cptembcr
!, 1-27, and the third oldest member, william !.
Cary AID Caleb Barlow alone being older. The pfr.i-
OF the Oldest and most respected MEMOIRS OF te
Chamber. committee, consisting Of 4. y Low, ;. -.
Rugglrs and William l.. Dodge, was appointed 10 draw
NJ suitable resolutions and present them at the next
meeting.
Ills wife with three sons and daughters, survive
him. His i.s marriage 10 The daughter Of He Rev
Or benedict: OF Painhold Conn Tine daughters were
the OF that marriage, Mrs. Alexander Brown, of
Richmond Hi, England Mrs Howard Potter and Ms
James Cooper Lord. Mr.. BrONn's second VIE
was tho daughter or the Rev. DR.. CCc
Of Troy. BY this marriage be had Two
children. John Crosby Brown member OF the rm, and
George II. Brown, VINO recently retired from the irin
and travelling abroad on account OF III health
In England he has nunb.r OF Sre1t--Tand
,nt William Brown. James Citon Brown,
VI. j., and Alexander HarGaye Brown. NJ. =
For the last 1ftv years ne bad been Identified with
nearly every WORK looking towards the growth Of the
city. Heidi not court nO6OrCiy, and Always r,ifancd
from being brOu before nc public notice His dSp0
genial and his character WIS frank generous
and charitable.
been the elder for many years. The services VIII
Dc conducted by the Rev. Dr. boOil.