Charles P. Leverich


Charles Palmer Leverich was an American banker.

Early life

Leverich was born on July 17, 1809, in Newtown, Queens on L.I., N.Y. He had three brothers: Henry S. Leverich, James Harvey and Charles E. Leverich.

Career

From 1834 onwards, he became a factor for Stephen Duncan, the wealthiest cotton and sugar planter in the Antebellum South. He also served as a factor to the Minor and Connor families. Additionally, he was a factor to planters William Newton Mercer, Levin Marshall, William St. John Elliot, Francis Surget and his son Francis Surget Jr., Sam Davis, William T. Palfrey, Mary Porter and John Julius Pringle. He operated under the name of 'Charles P. Leverich & Co.', with a Southern office in New Orleans, Louisiana.
He joined the board of directors of the Bank of New York in 1840. He went on to serve as its Vice-president in 1853 and its President from 1863 to 1876. In this capacity, he helped raise US$50,000,000 for the Union army during the American Civil War of 1861-1865.

Personal life

Both he and his brother Henry married nieces of Stephen Duncan's. His wife, Matilda Duncan Gustine, was a daughter of James Gustine of Natchez, Mississippi. They married in Philadelphia on September 17, 1839, and had at least four children, including:
He died at his home in Union Place on January 10, 1876.