C. Ledyard Blair
| Clinton Ledyard Blair | |
|---|---|
 |
|
| Born |
July 16, 1867 Belvidere, New Jersey, United States |
| Died | February 7, 1949 (aged 81) |
| Nationality | American |
| Occupation | Investment banker |
| Known for | Yachtsman |
Clinton Ledyard Blair (July 16, 1867 – February 7, 1949) was a prominent American investment banker and yachtsman.
Blair was the grandson of John Insley Blair, one of the wealthiest men of the 19th century, and the son of DeWitt Clinton Blair and Mary Anna Kimball Blair. Born in Belvidere, New Jersey, he attended the Lawrenceville School and then Princeton University, graduating in 1890 with a Bachelor of Arts degree. He married Florence Osborne Jennings on October 1, 1891, and they had four daughters: Marjory Bruce, Florence Ledyard, Edith Dodd, and Marie Louise.
While still a senior at Princeton, Blair joined his father and grandfather in founding the banking firm of Blair & Company, primarily to manage railroad interests linked to the Gould family. The firm underwrote a $50 million bond issue of the Western Pacific Railroad and helped in the financial management of the Denver and Rio Grande Western Railroad and the Western Maryland Railroad.
After Blair & Company merged with the firm of William Salomon & Co. in April 1920 (under the name of Blair & Co., Inc.), Ledyard Blair was named chairman of the board of directors. He was also the director of several railway companies, including the Clinchfield Railroad, the Sussex Railroad, and the Green Bay and Western Railroad. Blair & Co. was active in assisting with the mergers of oil companies. In 1924-1925, the firm arranged a deal in which Standard Oil of Indiana obtained control of the Pan American Petroleum and Transport Company and Lago Petroleum Company in Venezuela.
...
Wikipedia