Frederick D. Tappen
Frederick Dobbs Tappen was an American banker who was president of the Gallatin National Bank.
Early life
Tappen was born in New York City on January 29, 1829. He was one of eleven children of Col. Charles Barclay Tappen, a veteran of the War of 1812 who was "a famous architect in his day" and was Commissioner of Public Works in [New York State|Commissioner of Public Works] in New York City from 1835 to 1838. Reportedly, "the family was of old Holland stock that fled to England to escape the Spanish persecutions in the Netherlands, while the first American ancestor" came to the United States "in 1630 and settled at Fort Orange, now Albany". He was a direct descendent of the American Revolutionary War patriot Major Christoper Tappen.He prepared for college at the Columbia College Grammar School and then entered New York University from where he graduated in 1849.
Career
Tappen began working for the National Bank in the City of New York as specie clerk on November 12, 1850. He steadily advanced, becoming bookkeeper, receiving teller, paying teller, assistant cashier, and cashier in October 1857. In 1865, the name of the bank was changed to the Gallatin National Bank to honor its first president, former U.S. Treasury Secretary Albert Gallatin. Following the retirement of Gallatin's son James Gallatin as president in 1868, Tappen assumed the presidency of the Gallatin National Bank, a role he served until his death in 1902. In 1899, he was elected a trustee of the Fifth Avenue Trust Company.He served as chairman of the Loan Committee of the New York Clearing House during the panic of 1873, 1884, 1890 and 1893. For his services on the Committee, he was awarded a silver tankard in 1893 that had been originally presented to Sir John Houblon, first Governor of the Bank of England. In 1892, he was elected a trustee and made treasurer of the Grant Monument Association, which constructed Grant's Tomb.
Personal life
In 1851, Tappen was married to Sarah Ann Brown Littell, a daughter of Caleb Maxwell Littell and Mary Ross Littell. Together, they lived at 49 East 68th Street, and were the parents of several children, including:- Josephine Hilyard Tappen, who married Clarence Brooks, a son of Elisha Brooks, in 1876.
- Albert Howe Tappen, who died unmarried at age 25.
- Grace Tappen, who married George Ingraham Seney Jr., son of George I. Seney, in 1883.
- Ellen Stuart Tappen, who married Isaac E. Adams in 1886. She later married Adrien B. Herzog.