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Balthazar P. Melick (also known as Baltus) (October 26, 1770 – November 20, 1835), an American merchant and banker, was the founder of Chemical Bank in 1823. Melick served as the first president of Chemical from 1823 to 1831.
When three New York City merchants--Balthazar P. Melick, Mark Spenser, and Geradus Post--decided to form a bank in 1823, they used a proven tactic to obtain their charter.
Learn about Balthazar Melick, the founder of Chemical Bank in 1823, who started as an apprentice at a mercantile house in New Jersey. Find out his background, career, achievements and connections in this biographical article.
The bank was founded in 1824 as a subsidiary of the New York Chemical Manufacturing Company by Balthazar P. Melick and others; the manufacturing operations were sold by 1851.
John C. Morrison, James Jenkins, Charles G. Haynes, Balthazar P. Melick, Mark Spencer and Gerardus Post formed what was to become Chemical Bank as the New York Chemical Manufacturing Company on February 24, 1823.
Balthazar P. Melick (also known as Baltus) (October 26, 1770 – November 20, 1835), an American merchant and banker, was the founder of Chemical Bank in 1823. Melick served as the first president of Chemical from 1823 to 1831.
Balthazar P.Melick (also known as Baltus) (October 26, 1770 – November 20, 1835), an American merchant and banker, was the founder of Chemical Bank in 1823. Melick served as the first president of Chemical from 1823 to 1831.
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