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Edward T. Stotesbury. Edward Townsend " Ned " Stotesbury (February 26, 1849 – May 16, 1938) was a prominent investment banker, a partner in Philadelphia's Drexel & Co. and its New York affiliate J. P. Morgan & Co. for over fifty-five years. He was involved in the financing of many railroads.
Learn about the life and achievements of Edward T. Stotesbury, a prominent partner at J.P. Morgan & Co. and Drexel & Co., a breeder of champion horses, a conservationist, and a patron of art and architecture. Explore his art collections, portraits, houses, weddings, yachts, and more on this comprehensive website.
Edward T. Stotesbury, one of the nation's outstanding financiers, who headed the Philadelphia banking firm of Drexel Co. and was a partner of J. H. Morgan Co. of New York, died at 9:20 o'clock...
Edward Townsend Stotesbury. Financier. Born into a middle-class Quaker family he attended Philadelphia's Friends' Central School. Starting as a clerk at Drexel, Morgan and Company at 17, he became a full partner and close colleague of J.P. Morgan.
In 1890, upon the death of Henry McKean, Mr. Edward T. Stotesbury purchased the home as an addition to his adjoining residence. At the time of purchase, the press heralded it as the largest and grandest townhouse in all of the East Coast.
- 1923 Walnut St Philadelphia, PA, 19103
- (215) 567-2910
May 16, 2019 · Until his death in 1938, Edward T. Stotesbury was one of Philadelphia’s wealthiest and most accomplished men. He had had a huge career, as senior partner of the banking firms Drexel & Co. and J.P. Morgan. He was civic minded and served as president of the Fairmount Park Commission for 26 years.
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Jan 29, 1978 · Whitemarsh Hall, a 147‐room Georgian palace into which the Philadelphia millionaire Edward T. Stotesbury poured millions of dollars, is now an abandoned, vandalized shell, with windows and...