New-York tribune., 1901-03-14
HENRY n. SMITH DEAD.
WAS A PARTNER OF JAY GOULD AND
NOTED WALL STREET OPERATOR.

rrapton y J.. March 70 (speciaD.-The body OF
Henry y Smith, once prominent IN wan 0uee''
formerly a partner of Jay Gould ana an aSso''at7
of lanes Fisk jr brought 10 his nome IN
this city to-day from Stamford. Conn "here Ne
diad in a sanatorium last night. Mr.. Smith had
been in falling health for several years ana N
August 1895 suffered from a stroke OF paralysis
fror, which IL was then believed he would not re-
cover. Last summer his CONDITION again gre"
worse and three months ago he was taken to the
sanatorium at Stamford. where he died. lie was
sixty-seven years of age
Mr. Smith was born in Delaware County, New
York where his father kept store in n small
town. When a young man he went 10 Buftaio
and secured there a clerkship in bank The
bank failed. and young Smith. who had even
then remarkable business ability. started curb
store brokerage business. He invested most OF
what he ma in a brewery venture which proved
unsuccessful and he next started personal bank
in Buffalo from which he realized considerable
sum. After twelve years he moved to Ncw-Nork
He at once sought the acquaintance OF men OF
means and with his wife and children engaged
suite of rooms at a fashionable hotel. At the ia
bic at which he dined he met Jay Gould. then but
little known. and the two soon became warm per
nal friends. Shortly afterward the famous firm
Of smith Gold Martin was s5 f9Tged' r Mr MAJ tbe
famous Erie litigation, James Fisk jr. became
The firm became power in the financial world
and it's enormous transactions well known 1t
is recalled that day the firms bank informed
ae bsd been @n' ovepdrawn to the extent Of o The
firm sent word that the mistake would he rectifed.
! and AT 8 o'clock of the same day had balance of
! s6 600 900 i'm the bank.
| Mr. smith is said to have been the first in
| this country build and large pleasure
Yacht 1t 100000. and in it he travelled ex-
! tensively, living much of the time in London and
| Paris.
| Mr. Smith was always enthusiastic horseman
/ and sportsman and in his successful days bought
! a large tract Of land this city, on which ne
built one largest and most modernly equipped
stables in the country. He also erected commodi-
| olIs clubhouse and lid out racetrack: Here he
/ was accustomed 10 bring large parties from New
| York always entertaining his guests In princeiy
! style ,,.-. - III,
was the home Of Of the most famous horses
| OF the time in the country. Lucy and Goldsmith
| Maid were both owned by Mr.. Smith and are
| buried at the farm. Among his other horses were
| General Knox, Socrates. General Washington and
| Ta3y Thorn. He in close touch with promi-
| nent Kentucky horsemen, dealing exclusively In
! thoroughbreds.
! Mr. Smiths financial downfall in the great
] Northwestern deal. in which he and Mrs. Gould
were at oggerheads. There was break in their
| long standing friendship. which not renewed
| until just before the death of Mr. Gould. Before
| the crash Mr. Smith had transferred the Fashion
| Stud Farm TO his wife. who died not long after
1 While riding "A with young woman years
ago Mr.. Smith thrown from his horse and
.had both legs. arm and several ribs broken.
HIS arm failing knit IL had TO be broken again.
| and just as he recovering pneumonia set In.
| His remarkable vitality pulled him through, but
| he never fully recovered Recently his mind be-
came impaired. He leaves two sons and two daugh-
ters the latter unmarried. The funeral Will take
] place tomorrow.