Parker Handy (April 24, 1809 – April 8, 1890) was an American banker who was "one of the best known dealers in bullion and specie" in New York City.

Early life

Handy was born in Paris Hill in Oneida County, New York on April 24, 1809.[1] He was a son of Martha (née Parker) Handy (1764–1843) and William Truman Handy (1760–1823), who served in the Revolutionary War and was at the Battle of Germantown, Valley Forge and Monmouth.[2] His elder sibling was William Porter Handy and his paternal grandfather was Jarius Handy, who was born in Connecticut but relocated to New York.[3]

After receiving a common school education in New York, he went to work in a bank at Massillon, Ohio.[1]

Career

Handy served as a cashier through the "crisis of State banks and unstable banking business. His was one of the few banks which weathered the storm."[1] He became an associate of Amasa Stone, with whom he established the Cleveland Stone Dressing Company. During the 1840s, he came to New York City to be cashier of the Ocean Bank at Greene and Fulton Streets, retiring before it later failed. After the Ocean Bank, he went "into the South American trade and carried on a prosperous business as senior member of the firm of Handy & Hoadley."[1] In 1864, he became vice president of the Third National Bank and for many years was its acting president. He served as a director of the bank until eighteen months before his death.[1]

In 1870, he succeeded Peter Hayden and established himself in the banking business, dealing primarily with bullion and specie, at 24 Nassau Street.[4] In 1879, it was known as Handy & Cronice and remained so until 1885 when Cronice retired and J. F. Harman became partner and it was known as Handy & Harman. He ran the business until his death in 1890.[1]

Handy was a founding trustee of the Metropolitan Trust Company in 1881,[5] and served as a trustee of the Equitable Life Insurance Company, the American Fire Insurance Company and was a member of the New York Chamber of Commerce.[1]

Personal life

In 1835, Handy was married to Maria Sloane (1813–1843), a daughter of Maria (née Cogswell) Sloane (stepdaughter of Rev. Ebenezer Fitch) and Douglas Wheeler Sloane, a Williams College graduate who served in the War of 1812 and lived on Euclid Avenue in Cleveland, Ohio.[6] Before her death in 1843, they were the parents of:[6]

After her death in 1843, he married her younger sister, Cornelia Kirkland Sloane (1827–1904), in 1845.[6] Together, Cornelia and Parker were the parents of:[6]

  • Cortlandt Cogswell Handy (1849–1866), who died young.[6]
  • Parker Douglas Handy (1858–1929), chairman of the board of Handy & Harman, who married Annie Kissam Warner (1863–1934) in 1887.[11][12]
  • Cornelia Sloane Handy (1869–1949), who died unmarried.[6]

He was an active Republican and was one of the founders of the Union League Club of New York and was a trustee of the Northern Dispensary as well as the Fifth Avenue Presbyterian Church.[1]

Handy died on April 8, 1890, at his residence in Short Hills, New Jersey.[1]

References

  1. 1 2 3 4 5 6 7 8 9 "OBITUARY. PARKER HANDY". The New York Times. 11 April 1890. Retrieved 13 July 2022.
  2. ↑ Revolution, Daughters of the American (1900). Lineage Book - National Society of the Daughters of the American Revolution. Daughters of the American Revolution. p. 39. Retrieved 13 July 2022.
  3. ↑ Virkus, Frederick Adams; Marquis, Albert Nelson (1928). The Abridged Compendium of American Genealogy: First Families of America: A Genealogical Encyclopedia of the United States. F. A. Virkus & Company. p. 607. Retrieved 13 July 2022.
  4. ↑ "MILES STOLE GOLD BARS.; FITZGERALD TRIED TO SELL ONE OF THEM -- BOTH NOW UNDER ARREST". The New York Times. 25 September 1891. Retrieved 13 July 2022.
  5. ↑ "GEN. HILLHOUSE RETIRES" (PDF). The New York Times. November 19, 1881. Retrieved 26 October 2021.
  6. 1 2 3 4 5 6 Wickham, Gertrude Van Rensselaer (1914). The Pioneer Families of Cleveland 1796-1840. Evangelical publishing house. p. 1834. Retrieved 13 July 2022.
  7. ↑ Ellery, Harrison; Bowditch, Charles Pickering (1897). The Pickering Genealogy: Being an Account of the First Three Generations of the Pickering Family of Salem, Mass., and of the Descendants of John and Sarah (Burrill) Pickering, of the Third Generation. University Press, J. Wilson and Son. p. 921. Retrieved 13 July 2022.
  8. ↑ Honeyman, Abraham Van Doren (1909). The Van Doorn Family (Van Doorn, Van Dorn, Van Doren, Etc.) in Holland and America, 1088-1908. Honeyman's Publishing House. p. 559. Retrieved 13 July 2022.
  9. ↑ "MARRIED. BLISS -- HANDY". The New York Times. 15 November 1861. Retrieved 13 July 2022.
  10. ↑ of 1893, Yale University Class (1918). Twenty-five Year Record, Class of Ninety-three, Yale College: Including an Account of the Anniversary Reunion in June, 1918. Tuttle, Morehouse & Taylor Company. p. 139. Retrieved 13 July 2022.{{cite book}}: CS1 maint: numeric names: authors list (link)
  11. ↑ "MRS. PARKER D. HANDY". The New York Times. 16 March 1934. Retrieved 13 July 2022.
  12. ↑ Leonard, John W. (1926). Who's who in Finance, Banking and Insurance: A Biographical Dictionary of Contemporaries. Who's who in finance, incorporated. p. 416. Retrieved 13 July 2022.
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