The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1911-04-11
DEATH COMES TO
GUSTAV {. KISSEL
Noted Banker Dies Monday in
New York.

hess.
Gustav Edward Kissel was born at
81 West 18th street, New York City,
on september Both, 1854. His father,
the late Gustav Hermann Kissel, was
a native OF Frankfurt a Main, Ger
many, and his grandfather was Johann
d. Kissel, OF Heidelberg. His paternal
grandmother was a Miss Mum, de-
scendant of a Dutch Hugaenot family,
whose uncle was at one time Burger
meister Of Frankfurt, position which
has been held in the present genera
ton by one OF MIR. Kissers cousins
On his mothers side Mr. Kissel de
scended from New England stock,
his mother having been Miss Char
lotte A. Stimson, OF Dedham, Mass,
and in this way he was reiated TO
Prof. Frederick Jesup stimson, OF
Harvard university, Mrs. e. T. Bow
ditch and other Boston families. The
IS mentioned BY Dana in his book
1.-TWO Years Before the Mast was
his uncle benjamin stimson.
Mr.. Kfssel received mis- early eduea
tion at Prol Ellie Quarters school il
East 24th street. Later he attended
school in Frankfurt and ingLausanne,
Switzerland. Upon leaving school he
entered the office OF the late Nj x.
Jesup and from there Joined his father
at Kessler & Co. 5, an old Frankfurt
and Manchester dry goods house its
New York branch having been founded
by his father at ~ Exchange place in
1887. Mr.. kissels health was never
very robust ana for that reason he
gave up business for several years
and occupied his time with travel in
Europe and with taking a course at
the Heidelberg university, receiving
the degree of Doctor of Philology.
Upon his return from abroad he
, equipped himself for conducting the
banking business by entering in turn
the Fourth National bank and pri-
vate banking house as a volontaire,
and in 1882 he wound up the New
York business OF Kessler & Co., as
dry goods merchants changing their
business to shat of foreign bankers.
Under his management the business
met with immediate and rapid success
and when i'll health again made him
give up all active work in 1898 and
retire from Kessler q Co., the busi-
ness which he passed on to his sue
cessors was in a most prosperous
condition under the enjoyment of the
best of credit A few years ago Mr..
Kissel entered into business again
with his nephew, G. Hermann Kinni-
cutt. under the name of Kissel, Kinni-
cutt G. CO., of which firm he was
member upon his death. He was also
a director of the United States Mort
gage & Trust Co. and a member of
its executive committee and director
of the Morristown Trust Co.
Socially Mr.. Kissel was well known
not only in New York, but also in
Europe While he was successful in
business his real interests and tastes
lay in other fields and rarely has
there been a man more versatile.
He was member of the Union,
Century, Knickerbocker, Racquet and
Tennis, New York Yacht, Down Town,
City. Morris County Golf and Morris
town Field clubs. A trustee of the
American Museum of Natural His
tory, the Institution for the Blind
and the Childrens' Aid society. He
connected himself with the latter in
the days when the late Charles l..
Brace was president, and always took
an active part in its affairs. He was
also interested in the American Geo
graphical society, and through his
close acquaintance with the late NJ
X. Jesup was instrumental in intro
ducing Mrs Peary to the proper
channels for getting the necessary
money to bring Peary back from the
North pole on one Of his trips. He
was member of the Unitarian
church.
In 1884 he married Miss Caroline
Thorn. a daughter of William K.
Thorn and granddaughter of Com
modore Vanderbilt, who survives him,
He also leaves a son. William Thorn
Kissel. and three daughters, Dorothy,
Jeanette and Louise Kissel. Two
brothers also survive him, Godfrey
Kissel, of Colorado Springs, and Ru-
dolph H. Kissel, of Morristown- His
sister, who was the wife of DR.. F.
P. Kinnicutt, died last October. Mr..
Kissels city residence was at is West
10Th street and his country place was
.Wheatsheaf Farm"
=
Morristown was shocked to learn
of the sudden death of Rev. James
Rutledge, of this town, which occurred
at Monticello, Sullivan county, N. ",
Tuesday night.
Mr.. Rutledge's father, Richard Rut-
ledge, visited his son at Monticello
On Tuesday, and left him in apparent
good health and certainly in good
spirits Father Rutledge, who was
ordained to the priesthood of the
a4.----4 49,. -. =, -.