John Oothout


John Oothout was an American banker.

Early life

Oothout was born in New York City on January 12, 1789. He was a son of John Oothout and Magdalena Oothout, a daughter of William van der Water. His father was an alderman of New York City and co-founder of the Bank of New York.
His paternal grandparents were Jan Oothout and Catalyntje Oothouth. His aunt, Elizabeth Oothout, was the wife of John Tobias Ten Broeck.

Career

He was educated in the office of Robert Lenox, "one of the most prominent merchants of that time." After the death of his father in 1804, he left Lenox's office and in 1823 became treasurer of the Chambers Street Savings Bank, serving until 1843.
He was elected a director of the Bank of New York in 1819. Upon the death of Cornelius Heyer, he was elected president of the Bank of New York in 1843, a position he held until his death in 1858. He was succeeded by Anthony P. Halsey.

Personal life

On May 27, 1818, Oothout was married to Maria Josephine Youle, a daughter of Dr. Joseph Youle of New York. Together, they were the parents of:
Oothout died in New York City on January 28, 1858.