Charles A. Peabody Jr.
Charles Augustus Peabody, Jr. was an American politician, lawyer, and prominent figure in New York banking and insurance.
Early life
Peabody was born on April 11, 1849, in New York City. He was one of four children of Judge Charles Augustus Peabody and, his first wife, Julia Caroline Peabody who married at Trinity Church in 1846. Among his siblings was brother Dr. George Livingston Peabody, Philip Glendower Peabody and Julia Livingston Peabody. After his mother's death in 1878, his father remarried to Mary Eliza Hamilton. Mary was a cousin of Mrs. Astor, a daughter of John Church Hamilton and granddaughter of Alexander Hamilton, one of the Founding Fathers of the United States. His father served one term on the Supreme Court of New York and was appointed a Provisional Judge in the District of New Orleans by President Abraham Lincoln. After Mary's death in 1887, he married for a third time to Athenia Livingston, the widow of James Bowen and daughter of Anthony Rutgers Livingston.A Boston Brahmin, his paternal grandparents were Samuel Peabody and Abigail Peabody. His maternal grandparents were James Duane Livingston and Sarah Livingston. Among his maternal family, all descendants of Robert Livingston, the 3rd Lord of Livingston Manor, was aunt Alice Craufurd Livingston, uncle Charles James Livingston and aunt Louisa Livingston.
Peabody attended Columbia University, where he played on the college's football team and was a member of the Fraternity of Delta Psi, graduating with the class of 1869, before attending Columbia Law School, where he graduated in 1871.
Career
After his admission to the bar in the 1870s, Peabody became a member of his father's firm, Peabody, Baker & Peabody, a law office at 2 Wall Street in downtown Manhattan. In 1875, Peabody was elected to represent New York County's 11th district in the 99th New York State Legislature, serving from January 1 until December 31, 1876, when he was succeeded by Elliot C. Cowdin. His father ran for Surrogate in 1876.After his father's death in 1901, the firm continued under the name Baker & Peabody with Fisher Ames Baker as senior partner. Baker was the uncle of George Fisher Baker, former president of Astor National Bank, of which Peabody served as the first vice-president upon its formation in 1898.
From 1893, until shortly before his death, Peabody was a trustee of the estate of the first John Jacob Astor, and was associated with William Waldorf Astor for many years as his representative in the United States after Astor moved to England. Peabody also assisted with the creation of the Harriman State Park in 1910, through Mary Williamson Harriman and Governor Charles Evans Hughes.
After the "sensational insurance investigations by the Armstrong committee," Peabody was appointed president of the Mutual Life Insurance Company on January 1, 1906, and worked from 32 Nassau Street. When asked for an autobiography at the time of his appointment, he replied:
"I am a lawyer and have practiced in this city for about thirty years. There is nothing very exciting about my professional career. The only break in it was a short period during which I served in the State Legislature. The story of my life is just like that of a hundred other lawyers who work all the time at their profession and take an occasional day off on which to play."
By the time of his retirement from Mutual Life on September 1, 1927, he was "recognized as a leader in the advance of life insurance in America," and "in increasing the soundness of its foundations and in raising the esteem in which the business is held by the public." Peabody was succeeded as president by David F. Houston, the former U.S. Secretary of the Treasury and Agriculture. At various times throughout his life, he served on the board of directors, or trustees, of City Bank-Farmers Trust Company, Mutual Life Insurance Company, Wells Fargo & Co., the Astor Trust Company, Oregon Short Line Railroad, Central of Georgia Railway, Church Pension Fund, Delaware and Hudson Company, the Illinois Central Railroad and the Union Pacific Railroad.
Personal life
On January 27, 1880, Peabody was married to Charlotte Anita Damon, the daughter of Anita Damon and John Wade Damon. Together, they lived at 224 Madison Avenue in New York and had a country place at Cold Spring Harbor on Long Island. Charlotte and Charles were the parents of two boys and one girl, including:- Julian Livingston Peabody, an architect who married Celestine Eustis Hitchcock, daughter of Thomas Hitchcock Sr. and niece of William Corcoran Eustis. Both Julian and his wife died in the marine disaster, the sinking of the SS Mohawk off the coast of New Jersey in January 1935.
- John Damon Peabody, a 1906 Harvard graduate who married Mary Cunningham Bishop, daughter of James Cunningham Bishop.
- Anita Livingston Peabody, who married polo player Hamilton Haddon, the son of J. E. Smith Hadden, in 1913.
His wife died at their Madison Avenue home in New York City on February 3, 1912. After his wife's death, Peabody moved to 635 Park Avenue on Manhattan's Upper East Side, where he died on April 26, 1931. After a funeral at the Church of the Resurrection at 119 East 74th Street, he was buried alongside his wife at Mount Auburn Cemetery in Cambridge, Massachusetts.