New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-02-27
tive piece Of architecture. The interior is highly
artistic in appointment and decoration.
HIS EARLY BUSINESS CAREER.

tive piece % architecture The interior is highly
artistic in appointment and decoration
HIS EARLY BUSINESS CAREER.
After severing his business association with
his brother M Marquand turned his attention
80 banking. and for years was prominent IN the
Wall Street district. He embarked upon vari-
Gus enterprises. many Of them connected with
the building Of railroads in the Southwest He
associated himself with other capitalists in the
construction Of the ST. Louis and Iron Mountain
Railroad. and on the organization Of the direc-
tory Of that road he was made vice-president-
Later he was elected president He held that
Office until the property was absorbed by the
Missouri Pacific system
For many years Mr.. Marquand was partner
RI a u. Dinock. the firm being known as H. G.
NsrqUsnd & Dimock This partnership was
dissolved more than twenty years ago Mr..
Marquand then organized the banking house Of
Narquard & ParmIv Of which he was the head
until his retirement from active business life
several years ago.
Al the time Of his death Mr.. Marquand was a
director Of the Equitabl Life Assurance So
ciety and the Mercantile Trust Company. His
tastes which his large private fortune gave
him the opportunity 20 crafty. enabled him TO
become not only at home but abroad one Of the
most liberal and at the same time one Of the
most judtcious collectors Of works Of art. His
private gallery contains some exceedingly valu-
able works by both old and modern masters.
Nj Marquand made gifts 70 other museums.
also His benehcence was likewise exercised
freely in behalf Of education and public and pri-
TaIe charities He gave additional wing 10
Bellevue Hospital To Princeton he a gen
erous friend. and the Marquand Chapel there
will he e -asting reminder Of his affection for
the university He founded and endowed the
free library at Little Rock. Ark. He and Rob
err Bonner gave Princeton its gyrna SUM.
IN the failure Of his son. Henry Marquand.
which occurred at the time Of the failure or the
Seventh National Bank. Mr.. Marquand is said
% have suffered severe financial loss 1t is said
that voluntarily he gave his son. who was head
o. the banking house Of Henry Marquand & Co,
much assistance. Mr.. MarQuand married Eliza
beth L. Allen. who died number of years ago.
sons are Allan Maryland, professor at Prince
ten. and Henry Marquand, who is interested in
various business enterprises. The daughters are
Mrs Harold Goodwin and Mrs. Roderick Terry.
a fifth child. the wife OF Henry G. Ward. died
n 1896 Mr. Marquand had been in falling
health for some time The funeral viii be held
a. the Fifth Avenue Presbyterian Church to-
morrow at 10 a m The burial VIII be ar New
port, r. /, where Mr.. MarqUand had a country
home.
GIFTS TO METROPOLITAN MUSEUM.
Since the Corporation Of the Metropolitan
Museum Of Art was founded Mr.. Marquand had
been connected with it, first as a trustee, then,
from 1873 to 1890. as its treasurer and, finally,
as its president His gifts. both in money and
in works Of art, enriched the museum more and
more each year and his knowledge II art was
Of great value 10 il.
General Louis p di Cesnola. director OF the
museum said yesterday:
knew that Mr.. Marquand had not long TO
live, but I cannot reconcile myself 10 the loss.
He was so kind, so modest, so unpretentious,
and his knowledge and judgment were so Valua-
BE. and his efforts in behalf Of the museum so
untiringi I never made any reckoning Of the
amount Of his gifts u. the museum; in fact any
exact reckoning would be impossible But
should say that roughly his total gifts amount
70 81 100000 Besides that, for twenty-four
years ne has given Us his time and labor That
cannot be estimated in money but II is no small
sum that II reDresents.
Mr.. MarquanG gave TO the museum two funds.
one OF $4,000 and one Of $4,000. The smaller
was designed TO maintain an art school, but. Ike
the larger amount. it is now general income
fund Many OF Mr.. Marquand's money gifts
went into the main fund OF the museum or his
efts Of works OF art. the most valuable were
pictures. Gallery o is entirely filed with pictures
Presented by him 10 the museum. There are
sxty-one in al. representing the old masters
of the Flemish and Dutch schools and the early
English school His first important gift Of
Iictdre in 1881, when he presented John
1umouls portrait Of Alexander Hamilton In