New-York tribune., 1901-03-07
MADE PARTNER IN MORGAN FIRMS.
GEORGE W. PERKINs's ABLE WORK IN THE
FIELD OF LIFE INSURANCE.

]. p Morgan q Co. DrexeI & Co. OF Phila delphia.
and Morgan, Harjes 81 Co. of Paris announce that
George W. Perkins. second vice e-president OF the
New-York Life Insurance Company. has been sd-
mitted partner in their firms in New-York,
Philadelphia and Paris, He will be directly CON
nected with the New-York house.
The partner in these three international
banking houses was horn in Chicago in 1862, His
father a general agent Of the New-York Life
Insurance Company for many years. and when Mr.
Perkins was fifteen years old he entered that COM
pany's service and has been continuously in 1t up
10 the present time. rising from office boy TO his
present place. He is member of the Board of
Trustees and recently made chairman Of the
Finance Committee. He retains both OF these
places notwithstanding his retirement from active
service in the executive department OF the COM
pany
When President Mccall reorganized the New York
Life Insurance Company in 1892 the remarkable
record which Mr. Perkins had made In the West
attracted attention which resulted in making him
a vice-presidCnt OF the company An officer OF the
company said regarding the work done by Mr.
Perkins since 1882 in extending the field organization
OF the company; 1t has perhaps never been
equaed in life insurance. IL indeed il has been
equaed in the development and progress of any
business. He Is a man of distinetvely creative
powers and horn leader. Above everything else
he Is a OF action.
In 1897 Mr.. Perkins's work took him Europe
where ne solved several exceedingly knotty prob
lens the disposal OF which required diplomatic
ability Of the first order In the solution OF ques-
tions which had arisen between his company and
several European governments he negotiated the
first loan of foreign government ever placed in
the city Of New-fork the Russian loan of 2QGo,oa
rubes He active IN making the English loan
o. 1850 and the German loan OF the year
distinct successes in the New-York market These
transactions marked the beginning OF Mr. Perkins's
in the financial management Of the New
York Life Within the last years he has been
elected a director OF the New-York Security and
Trust Company and of the National City Bank
HIS best known public service has been chairman
OF the New-York and New-Jersey commissions for
the preserving of the Palisades In prosecuting that
work he has SHOWN great zeal, and his associates
admit that the success OF the movement to the
present time is in large measure due to him.
Regarding Mr. PerkinS's entrance into the bank
Ing business John \. Mccall president Of the New
York Life Insurance Company said yesterday:
Last October after the death of the company's
treasurer. Edward y. Gibbs. / announced. in max
ing certain promotions. that thereafter the time
OF Vice-Presdent Perkins would be utilized in the
broadest way in the general admins OF the
companys affairs. Following out this plan, Mr.
Perkins was made chairman OF the Finance Conn
mttee and was placed in several diyectorshps of
institutions connected with the company directly
or indirectly, The connection with the house of
]. y. Morgan & co. il along the lines mentioned
of his activity in our company's financial affairs" "