Abel Corbin
Encyclopedia
Abel Rathbone Corbin was an American
financier and the husband of Virginia Grant, sister of President Ulysses S. Grant
. He was involved in the Black Friday
stock market crash
of September 24, 1869.
Corbin was born in Otsego, New York
to Eliakim Lyon Corbin and Lodama (née Rathbone) Corbin. He married on May 13, 1869, in Covington, Kentucky
, to Virginia Grant as his second wife. They had one child, Jennie Corbin, who died as an infant. Abel's first marriage, to Widow Elizabeth (née Lewis) McAllister (1794-1868), also had no surviving issue. Abel Corbin died in Jersey City, New Jersey
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
financier and the husband of Virginia Grant, sister of President Ulysses S. Grant
Ulysses S. Grant
Ulysses S. Grant was the 18th President of the United States as well as military commander during the Civil War and post-war Reconstruction periods. Under Grant's command, the Union Army defeated the Confederate military and ended the Confederate States of America...
. He was involved in the Black Friday
Black Friday (1869)
Black Friday, September 24, 1869 also known as the Fisk/Gould scandal, was a financial panic in the United States caused by two speculators’ efforts to corner the gold market on the New York Gold Exchange. It was one of several scandals that rocked the presidency of Ulysses S. Grant...
stock market crash
Stock market crash
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors...
of September 24, 1869.
Corbin was born in Otsego, New York
Otsego, New York
Otsego is a town in Otsego County, New York, United States. The population was 3,904 at the 2000 census. The town is named after a lake on its border.The Town of Otsego is in the north central part of the county.- History :...
to Eliakim Lyon Corbin and Lodama (née Rathbone) Corbin. He married on May 13, 1869, in Covington, Kentucky
Covington, Kentucky
-Demographics:As of the census of 2000, there were 43,370 people, 18,257 households, and 10,132 families residing in the city. The population density was 3,301.3 people per square mile . There were 20,448 housing units at an average density of 1,556.5 per square mile...
, to Virginia Grant as his second wife. They had one child, Jennie Corbin, who died as an infant. Abel's first marriage, to Widow Elizabeth (née Lewis) McAllister (1794-1868), also had no surviving issue. Abel Corbin died in Jersey City, New Jersey
Jersey City, New Jersey
Jersey City is the seat of Hudson County, New Jersey, United States.Part of the New York metropolitan area, Jersey City lies between the Hudson River and Upper New York Bay across from Lower Manhattan and the Hackensack River and Newark Bay...
.