The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-06
DIED ON his WAY HONE
LATHROP e. REED BANKER, PHI
LANTHROPIST AND PROMINENT
CITIZEN, PASSES AWAY
FUNERAL SERVICES TOMORROW
Had Lived In St. Paul for Fifty
Years, and Was Identified
With Its In
feFests.

Lathrop e. Reed, banker, philanthro-
pist. and one OF st. Pauls NEST promi-
nent pioneer citizens, passed away yes
terday morning on board a private car
at Lexington, KY, as he was speeding
toward this city, where he hoped to die.
George f. Dix. w. A. Rudd and DR.. G..
M. Coon. who left last week for Day.
tonia, Fla, to bring him back, were with
him to the end, and they sent kilograms
to st. Paul apprising his friends of his
demise. He was seventy-one years Of
age. The funeral will be held tomorrow
afternoon at Masonic hail. under the
direction Of Damascus Commandery of
Knights Templar. This is in accordance
with his last wishes, communicated to
his brother Knights, who were bringing
him home.
Mr.. Reed has lived in st. Paul since
1851, and became associated with the
banking firm of Thomas Bros, in 1862
A year later he became connected with
the First National bank, and afterWard
entered the firm of Dawson & Co., with
which he stayed four years. From this
company he resigned to accept an i'm
portant position with the City bank, and,
in 1873, he was elected first vice president
of the First National bank, and later
president of the Capital bank, of this
city. In this capacity ne was for years
one of the foremost capitalists in this
city, and his judgment in financial mat
terS were much valued by those aSso-
ciated with him in various enterprises.
Fourteen years ago, the hard work
which he had been keeping up unremit-
tingly for years, began to tell on him
and he resigned from the presidency Of
the bank and went out of active bust
Eess. For number of years thereafter
he Travelled extensively In the hope of
fully regaining his health, but could not
stay the steady encroachments of drop
sy. Last year he spent the winter in
Florida, returning much benefited 1t
was the hope Of repeating the beneficial
experience of last winter that induced
him to again turn his steps to Florida
a few months ago, but it was In vain
He steadily became worse, and finally it
was seen that death was not far d g.
tant. 1t was then that his friends In this
city learned of the critical nature Of
Mr. Reeds illness, and MeSsrs. Rudd
Dix and DR.. Coon Immediately started
for Florida. They found him almost at
deaths door, but as the patient express
ed wish to die in the city in which he
had lived for fifty years, the return jour-
ney was commenced. without delay. He
failed rapidly, and at Lexington the final
summons came.
Mr.. Reed was, in youth, characterized
by the pluck, push and daring which
later contributed so much to his success
as a banker. In 1852, having nothing else
to do, he hired out to do rough woi k
on Gov. Ramseys farm near Lake Como
where he remained some time. From
Como he drifted to Illinois. bought a
farm with a crop on it, and cleared $1,000;
married a well-to-do young lady, trav-
eled South, came back to ST. Paul, loan
ed $1,000, which he lost in the crash in
1857; was aided to get on his feet again;
became a street broker; padded along
for three years; had his ups and downs;
was alderman for eight years, and pres
ident of the council one term, and then
became engaged in the banking business
with the Thompson Bros.
His connection with Damascus COM
mandery was of many years duration,
he having for thirty years been it's treas
urer.