The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-08-06
DEATH OF ]. EDWARD SIMMONS
PRI SIDENT az THtHBIR az
tOu uERfE tND BiNkFR.
PiaSs d = Prsn,inrni part iR the nrcs, ~,
Prem Three PHRIsS len the i.As, thirty
Years D~moeTat OF the Tii,irn
school IIIgh DeErrr NRsSn.

school IiSh DrErrr NRssn.
B } Edward simmons. the banker and
! president of the Chamber Of Comm"rce.
died at Lake Mohunk Ulster county
early yesterday morning from heart
disease He had hern IN failing health
for some months. hut hrs condition did
no, become serious until two weeks ago.
Mr.. simmons and other membsrS OF
his family were with HIM when hc died
His body was brought TO this city yes
terday Th.. funeral will - held at =,
IhomRss Church
J Edward summons had long l-.-n
known 40 one uf the CIty's most con
ssrVaiiv" bankers, and a. a business man
was deeply Interested and highly Ia.
hnrutIal n matters affecting the city p
commerce H. had h.-n prssidi~nt of
the Fourth Nati.,lal Rank one OF the
larger of the Clearing IIo,us- Institutions
for twenty-five years and had been presi-
dent Of the Chamber of Commerce for
three wears lie had h+-n IN business
in this city since Iss7 and had taken an
active part ia Quirting the three great
financial panic> at the last thirty wears
Mr. summons was born IN Troy on
September q. 1871. the son % a successful
merchant of that CITY In Iss2 he was
graduated with honor from Williams
College It which Ire was later a trustee
and after course in the Albany Law
school he was admitted To be har ~ S61.
he practIsed law for four years up state
and then engaged m the banking and
brokerage business m this city The biIsi
hess prospered. and It was not long br-
fore the young broker obtained a seat
an the New Work Stocs Exchange
The frst - IN. financial crises Of Mr.
simmons active business career was the
manic OF iESl when the business Of the
stock EXChAnge was badly demoTallIed
nv the failure Of the firm Of which 4
Hatch. president Of the exchange was
member Mr simmons though still
a member ~ the exchange was then
more deeply interested IN banking than
m the brokerage business but al the 80.
hcitation II MANY Of the members Of the
exchange ha consented 10 ssrv" A. presi-
dent He vas unanimously elected IN
that wear and m the following wear. but
declined to serve another term the insn-
cal storm having nv that time been
weathered
In isss Mr. simmons va- elected nrssi-
ient of IN. Fourth National Bank winch
he managed successfully an to the time
Of his death
He was a. act 20 and infuenual IN
Clearing House aFaIrS a. any other
han Ser ~ thectty He served many times
a. chairman OF IN" learing Hous@ commit
lee and twice a. pre-dsn II The Clear
ing House association
In the panic ~ i-g9 when 'he hanks were
Obliged To resort 20 the issue ~ Clearing
House certificates 70 relieve ths money
-tr,n genCV. Mr. simmons served on the
clearing Holsn loan COMMITTEES which
passed IN the collateral offered Wv the
hanks as security for certificates He was
again influential ~ guiding the banks
through the panic 81 1877 In this panic
he first stood with the other sound and
conservative members of the Clearing
House IN insisting that charles " Morse.
the Nsssrr He,nSe and the Messrs
Thomas be- eliminated and then devoted
himself heartily toward removing the
difficulties - IN" situation m other ways
Nr simmons " as Conss TvatlVe Demo
era, 81 ia" 1Ild"n and cleveland school
n" was = friend and supporter Of Mr.
Tlten and took an active part IN the
thTe. leN"land oampaIgn- The Demo
cratic nomination for Mayor was once
offered 20 HIM but h. declined u IN
favor 81 friend Ahram ; Hewitt In
1851 he Vas appointed a member NJ the
Board Ot tduCAtlon hv Mayor Grace aud
he -rTv",t for several terms a. president
~ IN" bThf1 IN NV MAYOR Mt' leilhn
appointed him president ~ the Board ~
Water Supply. hut h. resi- gned on account
II the pressure II business
Mr. summons was tor twenty wears
treasurer Of IN. NeN York Hospital and
was chief director Of sailors snug Harhor
~. vas receiver ~ tho American Loan
and Trust COMPANY and for ten wears
-arv 81 a. president NJ the Panama Rail
road ~" was q director or trustee IN
thns" companies American Round Bale
i IL. a..
politan Trust COMPANY National Surety
COMPANY. Roval Insurance Company.
Standard Milling COMPANY and the United
States Casualty Iotnpany
som after graduation from college
VI simmons b.-Ca'ns. a Mason and on
ms removal 10 thus city was admitted 10
Name iOdE@ No as He was elected
state Grand Master m 1877 and was
raised to the thirty third degre. IN iss5
Hi- clubs were the Union Metropolitan.
New Nork Athletic. Iawyer-. Tuxedo and
Democratic In lSsS he married Julia
Greer Their daughter ~ the wife II
John packwood Tiider and their only
son Joseph = summons. - treasurer NJ
III" Trpw Printing Company
In. executive COMMITTEES Of the Cham
her Of commerce held a special meeting
Yesterday and instructed the chairman to
appoint committee 20 represent the
chamber a. the funeral Of President SIM
mons II also resolved that the first fall
meeting Of tho chamber on October =
should be especially devoted To a memorial
~ Nir summons public services and per
sonal ,harac'er The committee 20 attend
IN. funers numbers IOl and ~ headed bv
John Clahin. j Pierpont Morgan George
= Baker Cornelius y Bliss. James q
Cannon Elbsrt II Gary. 4 Barton Hep
hurn Henry Hentz. Brayton Ives. An
glIstus u JuIlliard Levi y Morton. !
Alexander r orr and Jacob N SChIf
HORtCE g. ~ LOR DEtD.