Percy Rivington Pyne I
Percy Rivington Pyne I | |
|---|---|
| Born | Template:Birth date England |
| Died | February 14, 1895 (aged 74) Rome |
| Occupation(s) | Businessman, financial leader |
| Known for | President of the City National Bank; director of Delaware, Lackawanna and Western Railroad and New Jersey Zinc Company |
Percy Rivington Pyne I (March 8, 1820 – February 14, 1895) was a businessman originally from England who became an American financial leader. He served as president of the City National Bank and held directorships at both the Delaware, Lackawanna and Western Railroad and the New Jersey Zinc Company.
Early life
Pyne was born in England to parents Anna Rivington and Thomas Pyne. He was a collateral descendant of the Loyalist publisher James Rivington. After receiving his education at Christ's Hospital in West Sussex, he relocated to the United States in 1835.
Career
Beginning his career as a clerk, Pyne entered his father-in-law Moses Taylor's enterprise, Moses Taylor & Co., eventually becoming a partner in 1842. The firm initially focused on importing sugar from Cuba but later diversified into finance, iron production, coal mining, and railroad ventures. Upon Moses Taylor's death in 1882, Pyne assumed the presidency of the National City Bank, a position he held until 1891 when leadership passed to James Stillman.
Personal life
In 1855, Pyne wed Albertina Taylor, daughter of Moses Taylor. Their offspring included:
- Moses Taylor Pyne (1855–1921), known for his philanthropic contributions to Princeton University, who married Margaretta Stockton.
- Percy Rivington Pyne II (1857–1929), who married Maud Howland.
- Albertina Taylor Pyne (1859–1918), who became the wife of Archibald D. Russell.
Pyne passed away on February 14, 1895, in Rome.
Descendants
His son Percy fathered several children: Grafton Howland Pyne (1890–1935); Herbert Rivington Pyne (1892–1952), who married Florence Ledyard Blair, daughter of banker C. Ledyard Blair; Mary Percy Pyne (born 1893), who married Oliver Dwight Filley, a broker with a lineage of prominent financiers; Percy Rivington Pyne Jr. (1896–1941), recognized as a World War I flying ace; and Meredith Howland Pyne (born 1898).