Omaha daily bee., 1915-01-11
HENRY ", YATES HAS
ANSWERED TO CALL
Venerable Banker Passes Away
Quietly at His Home at the
Age of rs Years.
HIS ACTIVE BUSINESS CAREER


Henry w. Yates, dean OF Omaha bank
srs and president OF the Nebraska Ma
tionai bank. and one OF the most promi-
nent and wealthy men In Omaha, closed "A
long and active life when death visited
him at s:55 O'Clock Saturday evening.
Mr.. Yates life ebbed away quietly dur
ing sleep At the bedside were his wife.
his children. II. w. Yates. jr.; Mrs r.
T. Morgan and Mrs. Florence Y. voss OF
Omaha, Mrs Edward c. Smith of KAN
sas city and hrs. Charles c. Allen of
Philadelphia, and hts grandchildren,
George voss and Mrs. r. NJ. Peters.
Death was caused by a rapid decline
due 20 old age. which first manifested
acute symptoms Just seven weeks ago last
evening. Although Mr. Yates was q
years Of are January 1. prior TO the com
ing OF his last illness, he went about
his accustomed pursuits with the activity
which was Characteristic OF him during
his entire life. He attended Sunday serv-
ices at Trinity cathedral, where he
habitualiy worshiped. the day before he
took to his bed. stricken with the fatal
weakness which never permitted him
again to rise.
Man without Hobbies.
MI Yates was known as "a man with
out hobby" his nearest. approach TO
violating this reputation being his fond
ness for horseback riding. He continued
to ride Napoleon" his favorite horse.
which he had owned for ten years, up TO
the time he was taken with his last i'll
ness.
A rise from comparative poverty Of
hOWnSOd IN ahe hooAr~A -
cupied for many years and unusual
health which enabled him TO continue
during his entire life the habit of hard
work in which he found most pleasure
was the lot Of Mr.. Yates. From a retail
grocery clerk at the age Of 10 in the city
OF Washington to the chief place among
banners OF Omaha, was his life history.
Began Work as Grocery Clerk.
Mr. Yates was born al Leonard Town.
st. Mary's county. Maryland, January /.
1897 At the age OF 10 he started In the
retail grocery business IN Washington.
He was Just clerk, but he made good. |
Then he opened a country store ana con-
tinued to sell goods until he was q. In
1855 he went to ST. Louis, remaining there
about one year. and then removed 10 81 /
Joseph. No.. where he entered the employ |
OF Nave, MeCord & Co, wholesale
groeers. In 1861 he came to Omaha ana
became bookkeeper for the same houae /
which IL now, conducted by McCord.
Brady Co.
In Des he returned to 81. Joseph again,
remaining one year and returning 20 |
Omaha Ia 1853. when he entered into |
tne banking business. by becoming book |
keeper for kountSe Brothers. Hard work |
again told, and II was not long until he |
ives cashier. remaining in this position
until 1852. when the Kountss hank was
merged into the First National.
Organizes Nebraska hank,
A few months later, A. Il. rousalin.
a capitalist. and then general manager |
OF the Burlington, Joined with Mr.. Yates |
In the organisation OF the Nebraska Ma
tionai bank. & financial institution Of |
which Mr. Yates has since been president.
Associated with the two men in forming !
this bank were 8. r. johnson, w. v. |
Morse. John g. Collins. James NJ. wool. |
worth. james w. Savage ana other prorni-
nent men. 8st
Mr. Yates high position among Ne
hraska bankers. was given abundant |
proof recently, when he was unanimously
chosen a. Nebraska's candidate for : |
pace on the new federal reserve board.
democrat In politics. Mr.. Yates had
always an active interest In the affairs
OF his party. and IN the course Of
government generally lie was widely
known as a deep student OF finance and |
frequently contributed articles on topica |
connected with the banking and currency
system OF the country, and his opinions /
were highly regarded.
Mr. Yates was married al Savannah
Mo. April. 1852. TO Miss Eliza q. sarnuei' /
daughter OF @. W. Samuel Of 81. Joseph.
Mo. She was born IN Columbia. Nc M
and Mrs. Yates celebrated their golden
weddins anniversary April q. 1919. SIX
children were born 70 them. Five are
now living. OF whom all were pr.re,t
when Mr. Yates died.
Announcement OF the funeral arrange.
ments VIII be made later.
Plans foF the Bank.
Officers OF the Nehl aska National bank
say that some time aso plans were ma
tared ana are In full force BY which
the banks affairs did not require the
continuous attention o. Mr.. Yates ana
that ia business will continue along
inc same conservative lines. which OBJ
tanned during his active connection with
r. These arrangements were 40 complete
that no change In the effieial rnanase.
ment will be needed