New-York tribune., 1907-11-15
LIFE OF c. T.. BARNEY.
Conspicuous IN Business and Social
Circles Here.

the methods which brought him success IN the last
two decades. Charles Tracy Barney rose from a
comparatively unknown banker 10 be one or the
leading figures in the financial life OF the city and
be one OF the biggest real estate spectators d
the day. So uniform his success and gains in
the latter sphere of financial enterprises that his
operst tons when completed seemed 20 be moro
sound horse sense than the speculation which
they were
IN many phases of civic life Mr.. Barney was a
conspicuous figure. But before everything else he
put his work to bring about the beautfytng Of this
city As-president few years ago OF the Munich
pal Art Commission formulated plans, which he
published later, for a system OF parks. drives and
public buildings which would in fifty years make
this city the most beautiful In this country, II not
in the world a year ago he led the hEht
against the smoke nuisance in the city. which
brought him into controversy with Dr. Darling
ton. In this fight he his first signal victory
last April when the Antl-Smoke League obtained
a conviction against the New York Edison
pany In Special Sessions. Another enterprise
IN which he was Interested was the founding OF the
New Theatre, OF which he president. He alsS
a member Of the Dunlap and St Nicholas
societies and director Of the American Museum
OF Natural History. Mr.. Barney was an enthusi
astic art collector and had large private colec-
tion OF paintings at his home in East 3Sth street.
His love for art led him 20 take an active inter
est in the Metropolitan Museum OF Art and Ameri-
can Fine Arts Society.
One other public work in which he was a leader
was tuc Dig movement OT PARK avenue properly
owners against the tunneing of Park avenue By
the subway contractors in such way as to under
mine the houses along the line OF construction.
MR. BARNEYs CAREER.
Tho bare recital OF the statistical portion OF Mr.
BarRcys life in wise shows the personality OF
the. ruan. lie was born In Cleveland Ohio on
January 81 1850. the son Of the late \. H. Barney.
then the president of the United States Express
Company. He graduated from WILLIAMS Col
lcge I'm 1870. and then directly to New York
and engaged in banking. few years later Ee
married Miss Lillian C. Whitney. the sister OF VIII
lam c. Whitney and Henry NJ. Whitney the Demo-
cratic candidate for the Governorship of Massa-
Chusetts this year. The death OF his brother-in-
law three years ago created great sensation
d.d has yesterday.
Mr. Barney Is shown in tho last number OF tho
Directory OF Directors OF New York to have been
connected with tirJyfour different concerns large
ly financial institutions. From some of these he
recently forced 70 retire under pressure. The list
comprises the following:
Albany Trust Company director; Alliance Realty
Company, director; American Ice Company. dlrec-
tor. Audit Company Of New York member Of ad-
visory committee Of stockholders; Bank for Savings
IN the City of New York, trustee Century Realty
Company. vice-president and director Chelsea Real
~ Company. director; Chemung Canal Trust Com
pany. director; Chihuahua Mining Company direc-
tor Coal and Iron National Bank the City OF New
York. director; Corporation Trust Company direr-
tor; Cuba Railroad, director; Deep Gravel Mining
Company director, FCnrh- American Bank member
American advisory board; Good Land Cypress Com
pany, director; Hudson Mortgage Company direc-
tor; knic6erbocker Safo Deposit Company presi-
dent and director: KuIcherbocker Trust Company,
president and director Long Island Motor Park
way, director; Matawok Land COMPANY director;
National Bank Of Commerce in New York, drec-
tor; National Bank Of North America, director;
New Amsterdam National Bank, director; New Am
sterdam Safe Deposit Company director; New Jer-
sey Terminal Dock and Improvement Company di-
audi
president and director; New York Mortgage and
Security Company, vIcepresident and director: the
New Theatre president and director; Schenectady
Trust Company. director. Taylor Creek Ditch Com
pany. director; Title Insurance Company OF New
York, yice-p president and director; Trust Company
OF America, director; United States Realty and
Improvement Company, director. and Westchester
Trust Company, director. Mr.. Barney was also Il
member OF the firm of Rogers Gould. of No II
broadway.
On October u Mr.. Barney may be said "a
have reached the zenith OF his career. to find its
nadir less than month later. special raeetne,
Of the board OF directors OF the Knickerbocker
Trust Company held on October q to consider
the notice sent by the National Bank OF Commerce
that it would longer make cearances for the
trust company. At that meeting Sir Barney re-
signed.
Aside from his connections with the former Morse
banks Mr.. Barney's principal banking connections
with the National Bank OF Commerce ana the
Coal and Iron Bank.
The Kpckerbocker Trust Company has been
trustee OF all tho enterprises promoted in Cuba by
il. W. Bennett & Co.. and for two years there has
been much speculation to the part Mr.. Barney
and his associates had played In those enterprises
HIS REAL ESTATE DEALS
To tho general public Mr.. Barney was as we'll
II not better known a speculator in real estate
than as a banker or leader In civic movements AS
early as 1890 lie and his brother-n-aw William c.
Whitney, put through the formation of the New
Loan and Improvement C'OmUauv
up great sections Of Washington Heights real
estate. The rapid risa OF the value Of land there
abouts, particularly around 1S5th street yielded
enormous profits. Land sold to spectators
and builders. tho latter getting liberal loans at n
time when money was cheap All the syndicate
holdings were sold out time ago, but Mr.
Barney held on 10 about one-quarter of his in
aiv!dual holdings which included about ninety par-
cells These combined holdings are worth abou,
$1,000 COO. In Nutley. NJ j.. he also had extensive
holdings standing in the name of his private secre
tary
There is no doubt that Mr.. Barney being a heav,,
Etockholder. made fortune alone from such com
panles rs the New York Mortgage and Securities
COMPANY capitalized $l,GO000O the Title Ins,,r
ance Company, 81 OO0000. OF which Edgar J. Ie,,a,.
IS president: the Charles Realty Companv S1oo .
COO of which H. O. Havemeyer Is president. ,ba
Century Realty Company and the United States
Realty and Improvement Company.
The Century Realty Company is the operatina-
department OF the United States Realty and I'm
prove1nent Company, Just the Fuller C,onsfrur-
gan Company is Ilse czasSIu Iucticn aspartrnant Mr.
Ea.4ey was director Of al thse.. me yszsy.