New-York tribune., 1913-07-24

Cortelyou as president. He was also
chairman OF the New York Edison board
and a director in the following corpora
tlons: American Tobacco Company. At
lantic Coast Lumber Corporation, British
Columbia Copper Company, Ltd, Brook
lyn Heights Railroad Company, Brook
lyn Union Elevated Railroad Company.
Consolidated Car Heating Company, Con-
sofidated Telegraph and Electrical Sub
way Company. Durham Coal and Electric
Storage Battery Company, General Mo-
tors Company, General Rubber Company,
Hudson & Manhattan Railroad Company,
Kings County Electric Light and Power
Company; president Kings County Light
ing Company, vice-president Maryland
National Bank. Municipal Gas Company
OF Albany, president National CONNER
cial Bank OF Albany. National Surety
Company, New Amsterdam Gas Company,
New York Air Brake Company, New
York Edison Company, president Peo-
pies Gas, Light and Coke Company OF
Chicago; vice-president. Rubber Goods
Manufacturing Company. Troy Gas Com
pany. Union Carbide Company, United
Electric Light and Power Company, OF
Baltimore: United States Cast Iron Pipe
and Foundry Company United States
Rubber Company, Utica Gas and Elec-
trio Company, president Westinghouse
Electric and Manufacturing Company.
Early Traction Activities.
Mr.. Brady's first important business
transaction was the acquisition and con-
solidation OF rundown traction companies
I'm and about Albany. He built up these
companies TO the great profit of the stock
holders and eventually sold them at good
terms TO the Delaware & Hudson. SINH
larly with the Providence fractions, when
he sold 10 the New Haven.
In New York City Mr.. Brady first be-
came known as the rebuilder OF the old
''Huckleberry system" Of trolley lines,
and later he Joined with such trolley
ananclers as william G. whitney. p. A. B.
Wldener. william G. Elkins and others.
and with them became the organizer OF
the Metropolitan Traction Company
which was later merged in the present
Interborough system. Through 7. F.
RYAN he became power I'm the American
Tobacco Company. and through his con-
nectlons with the Rockefellers he made
money I'm oil and gas. He was one OF the
principal witnesses in the government suit
10 dissolve the Standard OIL Company.
The news that II was Anthony y. Brady
who had acquired control Of the Coney
Island & Brooklyn Railroad Company be-
came publicly known last spring. when II
was discovered that the majority OF the
stock was held I'm the Central Trust Com
pany under clerks name.
Before Mr.. Brady secured control OF tho
Brooklyn Rapid Transit Company its
stock had been exploited in the stock
market and had never paid dividend.
Since that time II has steadily developed
and is now paying dividends Of per cent
annually.
Current estimates OF Mr.. Brady's wealth
range from 100000 to 100000 The
latter figure was considered by his friends
IN be practically correct. His sons
Nicholas y. and James c. Brady have
long been closely associated with thei:
father and were left in charge Of his
affairs on his departure for Europe. They
are familiar with his policies and meth
ods. and II is not expected that their
fathers death will cause any change In
the management of the companies IN
which he was interested.