William H. Porter
From Wikipedia, the free encyclopedia
January 8, 1861
William H. Porter | |
|---|---|
| President of Chemical National Bank | |
| In office 1903–1910 | |
| Preceded by | George G. Williams |
| Succeeded by | Joseph B. Martindale |
| Personal details | |
| Born | William Henry Porter January 8, 1861 |
| Died | November 30, 1926 (aged 65) |
| Spouse | Esther Jackson |
| Children | 2 |
| Parent(s) | William Trowbridge Porter Martha Elizabeth Samson Porter |
| Education | Middlebury Academy Saratoga High School |
William Henry Porter (January 8, 1861 – November 30, 1926)[1] was a prominent banker in New York City. Porter became president of Chemical National Bank in 1903 and was one of the founders and directors of the Bankers Trust Company of New York. 1908, Porter was elected to serve as president of the New York Clearing House and later became a partner in the firm J.P. Morgan & Co..
Porter was born at Middlebury, Vermont on January 8, 1861.[2] He was a son of William Trowbridge Porter (1838–1898) and Martha Elizabeth (née Samson) Porter (1837–1917).[3]
Porter was educated at Middlebury Academy and the Saratoga High School.[4]
Career
His first banking employment was as a junior clerk in the Fifth Avenue Bank of New York, where he stayed for eight years. In 1886, Porter left the Fifth Avenue Bank of New York to become cashier of the Chase National Bank. In 1893, after seven years as vice president of the Chase National Bank, Porter was elected vice president of the Chemical National Bank in 1898.[5]
Upon the death of George G. Williams in May 1903, Porter became president of Chemical National Bank. Also in 1903, Porter was one of the founders and directors of the Bankers Trust Company of New York. Porter was also a trustee of the Guaranty Trust Company of New York.[6]
On October 6, 1908, Porter was elected to serve as president of the New York Clearing House.[7] Porter also served as treasurer and member of the executive committee of Chamber of Commerce.[4]
In 1910, Porter left Chemical to become a partner in the firm J.P. Morgan & Co.[4]
