Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-01-07
JOSEPH BRAGG BEAsLEY
DIES AFTER LONG. ILLNESS
President OF Union Bank of Rich
mond Dies at Home, on West
Franklin Street.
ACTIVE FINANCIAL CAREER
Built Up Bank With Which He Had
Long Been Connected to One OF
Best-Paying Institutions i'm City.
Formerly With First National.

After bravcly lighting for life for
seven weeks. Joseph Bragg Bcasiey.
siNty-scvcn years old. president Of the
Union Bank of Richmond. and one OF
the best known :inanciers in the city.
succumbed to u complication of dis
eases shortly after o'clock yesterday
morning. Death came peacefully to him
while surrounded by his family and a
few intimate friends in his home. SIS
West Franklin Street. While Mr. Beas-
ley had been In i'll health for some
time news of his death was received
with a shock in financial circles.
The funeral will be conducted by
Rev j. Y. Downman. rector of All
Saints Episcopal Church. tomorrow
afternoon at , O'Clock from the home.
The interment will be in Hollywood
Cemetery.
Pallbearers will be as follows:
Activc-Roger s. Warren. David Q.
Bridges, Henry Elicit, Thomas Elicit,
Robert C. Caben. +. 7. Cardoza, Max
well Wallace and W. Hill Urquhart.
Honorary--Oficcrs and directors OF
the Richmond Trust and Savings Com
pany. officers and directors OF the
Union Bank OF Richmond. John r.
Lightfoot. ro,aux Robinson. J. /.
Parkinson and w :. Forbes.
Mr.. Beasley is survived by his wife.
who was Miss George stretch; one
sister. Miss Mary Page Beasley. and
one brother T.. Stith Beasley. Of Pc
tersburg.
SUFFERED ATTACK OF
PLEURISY TWO MONTHS AGO
About two months ago Mr.. Beasley
suffered an attack Of plcursy. He
had been III failing health for some
time and later complications developed.
lie continued to grow worse. aud while
his condition was reported in down
town business circles as critical. II was
generally believed that he would sur
vive the sickness Mr.. Beasley grew
worse however. until the end came
yesterday morning.
In addition TO the presidency of the
Union Bank of Richmond, Mr.. Beasley
was connected with several other cor
porations, among them the Richmond
Trust and Savings Company. OF which
he was director. The directors of
the Union Bank were advised of his
death by Cashier George w. Call and
the board which is composed OF
Charles Davenport. Samuel w. Tomp-
kins. George w. Tiiler Milton ]. Straus.
Gordon Wallace and \. i. Alsop. will
take suitable action concerning Mr..
Beaslcy's death.
Mr. Beasley was the son of the late
Mr. and Mrs. William II. Reaslcy, Of
Petersbure-a native OF that city-and
came TO Richmond about thirty years
ago. lie was first connected with the
Haxall-Crcnshaw Mills. OF this city. in
the capacity of bookkeeper. lie re-
mained with that concern for several
years. and later joined the staff of tho
First National Bank. Several years
later he went with the Union Bank OF
Richmond as cashier.
BUILT UP BANK TO
COMMANDING POSITION
From that pos don he advanced from
position TO position, until he was made
president of the institution. To his
untirinS efforts is credited the fact
that the Union Bank occupies a place
i'm the foremost ranks of Richmond's
financial institutions; for years 1t has
been one Of the most successful banks
i'm the city, paying large dividends to
its stockholders Several weeks ago
this institution Increased it's annual
dividend rate from is to 20 per cent.
Mr.. Beaslcy was of modest and
retiring disposition. taking no part in
recent years in either politics or pop
ular movements. lie was not q MEM
Der of the church or connected with
any fraternal organizations, but was
greatly interested In any movement for
the promotion of the welfare of Rich
mond, and gave his support and much
consideration to matters for the city's
advancement.
Throughout the business day yes
terday patrons OF the bank, a host of
friends and acquaintances he had in
the business world. called al the bank
and expressed their deep regret at
MIR. Beasley's death.
NTA A-RIRNIINGHAM-
NEW 5ORLEANS-TEXAS.
! Three trains daily via Southern Rail-