Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-11-26
SHE MADE 100000.
The Great Fortune Amassed by Woman
Tinancier In Forty Years.
Chicago Daily News)

The late Mrs. Elise Frank. whose fu-
neral took place this afternoon from the
family residence at 2522 Michigan boule-
ward. was n remarkable woman. She
left an estate estimated at 10000, and
this vast fortune was amassed for the
most part by her own shrewdness and
sound Judgment. As a personal achieve
ment her works would prove unique
In any collection of celebrities. }ut as
ISOLATED with qualities OF mind that are
only TO be met with in intellects Of the
first order was a modesty entirely femi-
nine. And ii was this union of lear in
sight. with masculine will-power and
address in effecting combinations IN mat
ters of judgment, coupled to gentle, unob-
truslve ways and soft traits Of lisposi-
ton, that gave Mrs. Frank prominence
az a parsonage Of force. Her strength
was Of the mind and of the heart
As an instance of her good judgment
in the management OF money The great
fortune she leaves is sufficient. Her
many benefactlons. among the more no.
t9ble ones being to the Society Tor the
Education of Jewish Orphans. Ter llbc-
raj endCwments 10 the Home FOR Aged
Jews at SiXty-second and DrexeI boule-
ward. her private gifts and donations
to families and charitable societies.
abundanty testify TO her qualities OF
heart. She was beloved OF the poor and
distressed. And yesterday her death
came peacefully and calmly at the age
OF 81 years.
For the greater part Of the last thirty
nine years Mrs. Elise Frank nts been
a power I'm Chicago fnanclerint This
will be news to many people bit # is
none the less true, as some OF 'mer old
friends declared to-day ;hat 'hlcaEO
merchants who are to-day inililonaires
have at critical times in their careers
profted by Mrs. Franks Judgment IN
the management of their own affairs
Some thirty-nine years ago Mrs. Frank
was q poor widow with ten children 10
provide for. Her husband WAS a school
teacher and very near-sighted. one Gay
he walked into an open draw OF the
Randolph-street bridge and was drowned.
Forced 10 provide for her little ones by
her own efforts was the circumstance
that developed in Mrs Frank her won
derful powers Of foresight and mdg-
ment. She had inherited a keen brain,
Ike the one that made her brother Mi
chael Reese. a power IN the world OF
affairs. and some money contributed by
him to her was the foundation OF her
vast fortune. She appeared TO snow in
stnctvely what a good investment was.
and she made money and Srew rich be-
cause her intelligence saw all the Profits
TO be derived from a cOmbinlti)n. And
this intelligence dominated her Amlly.
II is said. and every member yielded
"a willing obedience 10 her counsels
These latter. so the family friend. say,
were always delivered under "'Tcum-
stances calculated 10 impress I'll pres
ent.
The different members would be drawn
up with their chairs surrounding a CEN
trail one in which Mrs Frank would SIT
as presiding officer Of the delibera tons
Statements would DO made to the aged
lady in detail. and figures. facts, and
estimates would be read her from docu-
ments, and she would listen 10 II all.
hear with patience objections from one
side. attend to the words Of favor that
cams from another, then, when every
thing had been said the aged mistress
would deliver her Judgment, and this
judgment, 1t was known 10 all. never
erred. Clear-headed men OF busin ass. as
all present were, they would yield 10
the old lady when she advised a mea-
sure because they had found her TO be
always on the right side.
It is related of Mrs. Frank by Il gem
tieman who had q strong admiration
for her quick perception that years ago,
when the Government OF the United
States issued its first 4 per cent. bonds
and flnanciers seemed slow to take them
up, Mrs. Frank pronounced ihsni the
best security ever offered. She advised
all her friends 10 buy these bonds even
implored some 20 do so-and set good
example by subscribing for 100000
worth herself Time has verified the
soundness Of her Judgment resp cting
collaborating bonds. No better security
was ever offered
Mrs Frank was a great reader Of
newspapers. The newspapers. she used
20 say, would bring one nearer 10 the
people, and her ideas in this direction
she carried out so faithfully that she
read all the advertisements.