Gulian Verplanck (speaker)
Encyclopedia
Gulian Verplanck was an American banker and politician.

Life

He was the youngest of the six children of Gulian Verplanck (1698–1751) and Mary Crommelin Verplanck. After graduating from King's College (now Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

) in 1768, he went to Holland to acquire practical experience in mercantile and banking procedures by working at his uncle's firm, Daniel Crommelin and Sons.

In 1784 he married Cornelia Johnston. They lived in New York with their seven children in the vicinity of Riverside Drive and 123rd Street.

He was a Federalist member from New York County of the New York State Assembly
New York State Assembly
The New York State Assembly is the lower house of the New York State Legislature. The Assembly is composed of 150 members representing an equal number of districts, with each district having an average population of 128,652...

, and was Speaker
Speaker of the New York State Assembly
The Speaker of the New York State Assembly is the highest official in the New York State Assembly, customarily elected from the ranks of the majority party....

 in 1789-90 and 1796-97. He became President of the Bank of New York
Bank of New York
The Bank of New York was a global financial services company established in 1784 by the American Founding Father Alexander Hamilton. It existed until its merger with the Mellon Financial Corporation on July 2, 2007...

 and in 1792 helped found the Tontine
Tontine
A tontine is an investment scheme for raising capital, devised in the 17th century and relatively widespread in the 18th and 19th. It combines features of a group annuity and a lottery. Each subscriber pays an agreed sum into the fund, and thereafter receives an annuity. As members die, their...

 Association, a precursor of the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

.

He was an uncle of Daniel C. Verplanck
Daniel C. Verplanck
Daniel Crommelin Verplanck was a United States Representative from New York. Born in New York City, he was educated under private tutors and graduated from Columbia College in New York City in 1788...

 and great-uncle of Gulian Crommelin Verplanck
Gulian Crommelin Verplanck
Gulian Crommelin Verplanck was a New York politician and sometime man of letters.-Biography:Verplanck was born in Wall Street in New York City, the son of Congressman Daniel C. Verplanck. He graduated B.A. from Columbia College in 1801, then studied law with Josiah Ogden Hoffman and was admitted...

.

Sources

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK