The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-19
SHE MADE So, 100000.
The Great Fortune Amassed by
Woman Financier in Forty Years.
From the Chicago Daily News.

From the Chicago Daily News.
The late Mrs. Elise Frank, whose
funeral took place this afternoon from the
family residence at 1922 Michigan boule-
ward, was a remarkable woman. Shell
an estate estimated at s., 600 900, and this
vast fortune was amassed for the most
part by her own shrewdness and sound
judgment AS a personal achievement
her works would prove unique in any col
lection of celebrities. But associated
with qualities of mind that are only to be
met with in intellects of the first order
was mOdesty entirely feminine. And it
was this union of clear insight, with
masculine will power and address in eff
fecting combinations in matters of iudg-
ment, coupled to gentle, unObtrusive WAYS
and soft traits of disposition, that gave
Mrs. Frank prominence as 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 for
tune she leaves is sufficient. Her many
benefactions, among the more notable
ones, being to the Society for the Educa-
tiOn of Jewish Orphans, her liberal en-
dowments to the Home for Aged Jews at
Sixty second and DreXel boulevard, her
private gifts and donations to families
and charitable societies, abundantly test
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 has been
power in Chicago inanciering. This will
be news to many people, but it is none the
less true, as some of her old friends de-
clared to-day that Chicago merchants
who are to-day milliouaires have, at criti-
cal times in their DpOfifnH h1F
Mrs. Frank S Judgment in the manage
ment of their own affairs.
Some thirty-nine years ago Mrs Frank
was a poor widow, with ten children to
provide for. Her husband was a school
teacher and very near-sighted. One day
he walked into an open draw of the Ran
dolph street bridge and was drowned
Forced TO provide for her little ones by
her own efforts was the circumstance that
developed in Mrs Frank her wonderful
powers of foresight and Judgment. She
had inherited a keen brain, like the one
that made her brother, Michael Reese, a
power in the world of affairs, and some
money contributed by him TO her was the
foundation of her vast fortune She an
peared to know instinctively what good
investment was, and she made money and
grew rich because her intelligence saw
all the profits to be derived from a com
bination. And this intelligence domi-
mated her family, it is said, and every
member yielded a willing obedience to
her cOunsels. These latter so the family
friends say, were almost always deliv-
cred under circumstances calculated to
impress all present.
Tho different members would be drawn
up with their chairs surrounding cen
trail one in which Mrs. Frank would sit
as presiding officer of the deliberations
Statements would be made to the aged
lady in detail and figures facts and esti-
mates would be read her from documents
and she would listen to it all, hear with
patience objections from one side, attend
to the words of favor that came from an
other, then, when everything had been
said, the aged mistress would deliver her
judgment, ana this Judgment, it
was known to all, never erred
Clear-headed men of business, as
all present were, they would yield to the
old lady when she advised a measure. be-
cause they had found her to be always on
the right side.
1t is related Of Mrs. Frank by gentle
man who had strong admiration for her
quick perception, that years ago when
the government of the United States
issued its first per cent. bonds and
financiers seemed slow to take them IN.
Mrs. Frank pronounced them the best
security ever offered. She advised all
her friends to buy these bonds-even i'm
plored some to do so-and set a good ex-
ample by subscribing for 100000 worth
herself Time has verified the soundness
OF her judgment respecting bearing
bonds. No better security was ever Of
fered
Mrs. Frank was great reader of news
papers. The newspapers. she used to say,
would bring one nearer TO the people, and
her ideas in this direction she carried out
so faithfully that she read all the adver-
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