The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-12-07
[. F. c. YOUNG IS
DEAD NOTABLE
CAREER WAS HIS
Bank President, a Self-Made
Man, Became One of States
Biggest Men.
WAS A DIRECTOR IN MANY
NEW JERSEY CORPORATIONS
Aged Financier Succumbs After
Valiant Battle-Funeral
ON Wednesday.
Especial to the Evening STAR

FNNAA N1Af
JERSEY CITY, Dec. I'm the death
r of Edward B. C. Young yesterday, after
5 an illness that had confined him to his
I palatial home at Glenwood avenue and
( Boulevard for several weeks, and after
Fa long period of practical invalidism,
A411is city and New Jersey has lost one
GOT its richest and most prominent men
Eof affairs. He had been identified with
h banking business from the age of
4 II, and, starting when a poor boy as a
I bank messenger, he had worked himself
up to the presidency of the First Ma
tional Bank. of this city, which position
he held at the time of his death. He
was also interested in a large number
fpf other corporations.
An indefatigable worker, he chafed
! under the restraints of a sickroom,
and when one day last week he said he
felt much better, and an
official from his bank to consult with
him. family and friends felt that he
had a nance for recover despite bis
70 years. He seemed to improve after
that, and as late as Saturday he was
apparently holding his own.
He had a relapse, however. yesterday,
which proved fatal. He was uncon-
scious when the end came. News of
his death shocked prominent men
throughout New Jersey, who, since the
venerable banker was stricken, had
been making daily inquiries as to his
condition.
Funeral on Wednesday.
The funeral services will be held in
st. Johns P. E.. Church, In summit
avenue, on Wednesday afternoon at 2
o'clock, when among the mourners will
be scores of the best-known men Of
this and other States.
Edward Faitoute Condict Young was
born on a farm in Whippany, Morris
county, on January %, 1885. He was
of English DESCENT on his paternal side
and his maternal grandparents were
Scotch. The first of the Young family
to como to America was the Rev. John
Young, the bankers great grandfather,
who settled In Connecticut in 1888. Mr..
Young went to Jersey City at an early
ago. He attended Public School Nc. l
and started his financial career in 1852
at the age of II In the Hudson County
Bank. He was promoted to receiving
teller IN 1853 and paying teller in 1858.
In 1854 he went to h Mechanics and
Traders Bank and on January 2, 1866,
when the bank was r~eorganized as the
First National Bank of Jersey City, he
became assistant cashier of the new
bank. Nine years later he was made
cashier. and In 1879 he was elected
president of the institution, a post he
held continuously until his death.
Soon after Mr.. Young reached his
majority he was appointed collector of
assessments. He was elected city
treasurer on the Democratic ticket in
1855 for a term Of five years. He served
a term as a member of the Board of
Aldermen, and was elected to the
\County Board OF Freeholders in 1874.
and In 1875 became the first director Of
the board.
+ Mr.. Young was a Democratic elector
in New Jersey In 1880. In 1888 he was
appointed State railroad director, serv-
ing a term Of fou years. On July %,