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American banker From Wikipedia, the free encyclopedia
John Oothout (January 12, 1789 – January 28, 1858) was an American banker.
John Oothout | |
---|---|
President of the Bank of New York | |
In office 1843–1858 | |
Preceded by | Cornelius Heyer |
Succeeded by | Anthony P. Halsey |
Personal details | |
Born | New York City | 12 January 1789
Died | 28 January 1858 69) New York City | (aged
Spouse |
Maria Josephine Youle
(m. 1818; died 1858) |
Children | 8 |
Parent(s) | John Oothout Magdalena van der Water |
Oothout was born in New York City on January 12, 1789.[1] He was a son of John Oothout (1739–1804) and Magdalena (née van der Water) Oothout (1754–1826), a daughter of William van der Water.[2] 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 (née Van Deusen) Oothouth. His aunt, Elizabeth Oothout, was the wife of John Tobias Ten Broeck (a grandson of Albany mayor Dirck Wesselse Ten Broeck).[2]
He was educated in the office of Robert Lenox, "one of the most prominent merchants of that time."[1] After the death of his father in 1804, he left Lenox's office and in 1823 became treasurer of the Chambers Street (later Bleecker Street) Savings Bank, serving until 1843.[1]
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.[3][1] He was succeeded by Anthony P. Halsey.[4]
On May 27, 1818, Oothout was married to Maria Josephine Youle (1796–1870), a daughter of Dr. Joseph Youle of New York.[2] Together, they were the parents of:[5]
Oothout died in New York City on January 28, 1858.[6]
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