John Johnston (merchant)

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Preceded byJohn Graham
Succeeded byDavid Hadden
Born(1781-01-22)January 22, 1781
DiedApril 20, 1851(1851-04-20) (aged 70)
John Johnston
Portrait of Johnston by Rembrandt Peale, c.1826-1829.
President of the Saint Andrew's Society of the State of New York
In office
1831–1832
Preceded byJohn Graham
Succeeded byDavid Hadden
Personal details
Born(1781-01-22)January 22, 1781
DiedApril 20, 1851(1851-04-20) (aged 70)
Spouse
Margaret Taylor Howard
(m. 1817)
Parent(s)John Johnston
Dorothea Proudfoot Johnston

John Johnston (January 22, 1781 – April 20, 1851) was a Scottish-American bookkeeper and merchant who was a co-founder of New York University.

Johnston was born on January 22, 1781, at Barnboard Mill in the Parish of Balmaghie, Gallowayshire, Scotland. He was a son of John Johnston and Dorothea (née Proudfoot) Johnston, who married in 1780.[1] After his mother's death in June 1794, his father remarried to Margaret Rae in 1795. Johnston, an only child of his parents' marriage, became the elder brother to ten half-siblings, including brothers William, Robert, Samuel, and sisters Agnes and Margaret, as well as uncle to John Taylor Sherman.[2]

His paternal grandparents were William Johnston and Janet (née McCreedy) Johnston and he was educated in the neighboring village of Laurieston, and also at Boreland.[1]

Career

In 1804, at twenty-two years old, he came to New York and became a bookkeeper in Robert Lenox's counting house.[1] After nine years with Lenox and Maitland, Johnston and partner James Boorman established the merchant house Boorman, Johnston, & Co. in 1813. The firm, based at 57 South Street, sold Scotch goods and, later, tobacco from Virginia and wines from Madeira and Italy. They also owned an iron warehouse at 119 Greenwich Street and, in 1828, admitted Adam Norrie as a partner.[2]

Johnston was elected a member of the Saint Andrew's Society of New York in 1811. He served as its manager from 1819 to 1823, second vice-president from 1823 to 1827, first vice-president from 1827 to 1828 and president from 1831 to 1832.[3]

In 1839, Johnston and several other civic-minded New Yorkers founded the University of the City of New York (today known as New York University). He was also a co-founder of Washington Square North.[2]

Personal life

References

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