The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-12-07

1887, he was named as a tax adjust
ment commissioner under the provi-
sions of the Martin act. He continued
in this position until during the admin
istration of Mayor Pagan, when he
resigned.
Mr.. Young was appointed receiver of
the Joseph Dixon Cruoible Company,
which became involved under the man
agement Of the late Mayor Orestes
Cleveland, and as a result of his busi-
ness ability the concern was placed on
a paying basis in a few years.
Lost GubernatoriaI Nomination.
Mr.. Young was a candidate for the
Democratic nomination of Governor in
1892, but was beaten In one of the most
exciting conventions ever held in New
Jersey. The nomination went to
GeorgesT. Werts.
Mr.. Young and the late Charles B.
Thurston financed the old Jersey City
and Bergen Street Railway Company.
which operated a horse-car system in
Jersey City, and in 1893, with the late
B. NJ. Stanley, Of Newark, organized
the Consolidated Traction Company,
which acquired the horse-car lines and
began the running of trolley cars. Mr..
iOullB was ptCSldCllt VI tllC SOihPoAJ
| The Consolidated was leased to the
| which controlled the street car lines in
Jersey City, Newark, Elizabeth and
elsewhere, and Mr.. Young continued a
leading factor in the company until all
! the ines were absorbed under leases by
| the Public Service Corporation of New
Jersey.
M. U@,,n-to oueoototoo tp th1 trO11oxj
enterprises included Thomas F. Ryan,
John d. Crimmins, William L.. Elkins
A. B.. Widener, A. ]. Cassatt, Clement
S. Griscom, William c. Whitney, ]. j
Waterbury, Frank Thompson and
David Young. He was largely interested
with the late vice-President Hobart,
Mr.. Stanley and others in the extension
| of the Jersey City, Hoboken and Pater-
| operated trolley lines connecting Ho-
boken, Rutherford, Passaic and Pater-
son.
His Corporation interests.
He was an officer In the following
| companies: Acker Process Company,
! vice-president and director; American
Graphite Company, president n direc-
tor; First NationalBank of Jersey City.
| president and director; Joseph Dixon
Crucible Company, president and direo-
tor; Pavonia Trust Company, of Jersey
| City, president and director; North Jer-
sey Land Company, president and
director.
A partial list Of the directorates to
which he belonged are as follows;
| Bankers Trust Company Of New York,
Bayonne Trust Company. Bergen and
| Lafayette Trust Company, Jersey City;
, Bowling Green Trust Company. New
| York; Brooklyn Annex, Colonial Life
Insurance Company, Hoboken and
Manhattan Railroad Company, Hudson
| County Gas Company, Liberty National
Bank, New York; New Jersey Title
Guarantee and Trust Company, Jersey
| City; New York and New Jersey Rail-
road Company, North Jersey Street
Railway Company, Public Service Cor
poration Of New Jersey, Peoples Safe
T'cposit and Trust Company n the
West Hudson Trust Company, Harri-
son.
Mr.. Young was a member Of the
wealthy Carteret Club. Jersey City.
and the New Jersey Athletic Club, of
Bergen Point; the Manhattan and Law
yers' clubs and the chamber of COM
merce of New York city, the New Jer-
sey Order of Founders and Patriots of
America, the Washington Association
Of Morristown and other organizations.