Francis R. Delano
Francis Ralph Delano | |
|---|---|
| Born | Error: Invalid birth date for calculating age Lockport, New York, U.S. |
| Died | April 6, 1892 (aged 49) Jacksonville, Florida, U.S. |
| Occupation(s) | Financier, banker |
| Known for | President of Cataract Bank; Vice-president of Niagara County Savings Bank |
Francis Ralph Delano (born September 6, 1842 – died April 6, 1892) was an American financier and a notable figure within the distinguished Delano family.
Early life and education
Born in Lockport, New York on September 6, 1842, Delano was the son of Barna Ladd Delano (1807–1877) and Lavinia Wood (née Ralph) Delano (1810–1866).
His paternal lineage includes grandparents Barnabas Delano and Ruth (née Ladd) Delano. He is often mistaken for a relative, Francis Roach Delano from Massachusetts, who was the inaugural warden of the Minnesota Territorial Prison and the namesake of Delano, Minnesota.
Francis pursued his education at Kimball Union Academy, Dartmouth College, and Hobart and William Smith Colleges, ultimately earning his degree from Trinity College in 1865.
Career
Following his graduation from Harvard Law School in 1868 with a law degree and subsequent admission to the Massachusetts bar, Delano transitioned into the banking sector in 1870 after moving to Niagara Falls, New York. There, he formed a partnership with Franklin Spaulding and Arthur Schoellkopf.
Banking interests
Delano secured a one-third ownership in Cataract Bank located in Niagara Falls and was appointed its President in 1883. Additionally, he held the position of first vice-president at Niagara County Savings Bank, which was established in 1891.
His achievements in banking enabled him to expand his investments into multiple industries. He served as a director for the International Hotel Company and acted as President of the Merchants' Gargling Oil Company based in Lockport, New York. Within Niagara Falls, Delano also took on treasurer responsibilities for the Pettebone Paper Company, Niagara Falls Brewing Company, and Niagara Falls Water-Works Company.
Personal life
In Niagara Falls, he wed Elizabeth Grant on October 19, 1871. Together they had a daughter named Nannette Roselle Delano (1875–1961), who later married attorney and Princeton alumnus Harry Otis Poole in 1903.
Francis R. Delano passed away at the age of forty-nine in Jacksonville, Florida, in 1892.