John T. Terry

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Terry, as found in the Illustrated American biography; containing memoirs, and engravings and etchings of representative Americans. vol. 4, 1895

John Taylor Terry (September 9, 1822 – May 3, 1913) was an American merchant and banker.

Terry was born on September 9, 1822, in Hartford, Connecticut. He was a son of Harriet (née Taylor) Terry (1794–1841) and Roderick Terry (1788–1849), a member of the City Council and Connecticut state legislature who was president of The Exchange Bank in Hartford.[1] After his mother's death in 1841, his father married Lucy Coit (née Ripley) Birge, daughter of Dwight Ripley and widow of Backus W. Birge.[1]

His maternal grandparents were the Rev. John Taylor and Elizabeth (née Terry) Taylor.[1] His paternal grandparents were Eliphalet Terry and Mary (née Hall) Terry. Terry traced his lineage to Gov. William Bradford of Mayflower and Plymouth Colony fame as well as Continental Army Col. Nathaniel Terry, several Connecticut governors, and Civil War Maj.-Gen. Alfred H. Terry. His uncle, Eliphalet Terry, was president of The Hartford Fire Insurance Company.[2]

Career

In 1841, Terry moved to New York to clerk for Edwin Denison Morgan (future New York governor, U.S. Senator and Major General) at his import house, E.D. Morgan & Company (which had been organized by Morgan in 1843 with his cousin George D. Morgan and Frederick Avery). After Avery left the firm in 1844, Terry became the third partner. After Morgan's death in 1883, Terry assumed control of the firm.[3]

Terry, George Jay Gould, and the estate of Russell Sage controlled the board and management of Western Union Telegraph Company until 1909 when they all sold their stock to American Telephone & Telegraph Company which assumed control of Western Union.[3]

Personal life

References

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