John T. Terry

John Taylor Terry was an American merchant and banker.

Early life

Terry was born on September 9, 1822, in Hartford, Connecticut. He was a son of Harriet Terry and Roderick Terry, a member of the City Council and Connecticut state legislature who was president of The Exchange Bank in Hartford. After his mother's death in 1841, his father married Lucy Coit Birge, daughter of Dwight Ripley and widow of Backus W. Birge.
His maternal grandparents were the Rev. John Taylor and Elizabeth Taylor. His paternal grandparents were Eliphalet Terry and Mary Terry. Terry traced his lineage to Gov. William Bradford of Mayflower and Plymouth Colony fame as well as Continental Army Col. Nathaniel Terry, several Connecticut governors, and Civil War Maj.-Gen. Alfred H. Terry. His uncle, Eliphalet Terry, was president of The Hartford Fire Insurance Company.

Career

In 1841, Terry moved to New York to clerk for Edwin Denison Morgan at his import house, E.D. Morgan & Company. After Avery left the firm in 1844, Terry became the third partner. After Morgan's death in 1883, Terry assumed control of the firm.
Terry, George Jay Gould, and the estate of Russell Sage controlled the board and management of Western Union Telegraph Company until 1909 when they all sold their stock to American Telephone & Telegraph Company which assumed control of Western Union.

Personal life

In 1846, Terry was married to Elizabeth Roe Peet, a daughter of Frederick Tomlinson Peet and Elizabeth Roe Peet. Together, they were the parents of seven children, including:

Frederick Peet Terry, a Yale graduate and merchant who married Ellen Mills Battell, a daughter of Robbins Battell. After his death, she married Carl Stoeckel.
Roderick Terry, a minister who married Linda Marquand, a daughter of Henry Gurdon Marquand, in 1875.
Henriette Taylor Terry, who died young.
Elizabeth Lockwood Terry, who died in infancy.
John Taylor Terry Jr., who married Bertha Halsted, sister of Dr. William Stewart Halsted.

In June 1853, he was a founder of the Irvington Presbyterian Church, serving as an officer of the church for the rest of his life. Terry was also a founder of the Ardsley Country Club in 1895.
Terry died on May 3, 1913, and was buried at Sleepy Hollow Cemetery.

Pinkstone estate

In 1853, 31-year-old Terry acquired a 35-acre estate along the Hudson River in Tarrytown, New York, from the Requa family. In 1858 he began construction of a pink granite mansion on his estate which he called "Pinkstone". The estate remained in his family until his death in 1913 when it was sold to Rev. Alfred Duane Pell before being acquired by Harold Mayer Lehman of Lehman Brothers.