John S. Kennedy
| John Stewart Kennedy | |
|---|---|
 |
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| Born |
John Stewart Kennedy January 4, 1830 Glasgow, Scotland |
| Died | October 30, 1909 |
| Nationality | American |
| Occupation | Businessman, financier, philanthropist |
John Stewart Kennedy (January 4, 1830 – October 30, 1909) was an American businessman, financier and philanthropist. He was a member of the Jekyll Island Club (also known as The Millionaires' Club) on Jekyll Island, Georgia along with J.P. Morgan and William Rockefeller among others.
He married Ms. Emma Baker (1833-1930), of Elizabeth, New Jersey in 1858 (two years after moving to New York City).
Kennedy was born near Glasgow in Scotland, received a scant education in school, studied in his spare moments as a clerk, and at 20 was sent to America by a London iron firm, in whose branch house in Glasgow he worked for four years. He was a manufacturers representative for tubing used in locomotives. Then he came again to New York and entered business with Morris K. Jesup. From this partnership he retired in 1867 and from active business in 1883, although he was still called upon after that date to aid in the reorganization of various financial concerns, notably in 1888, when he acted with J. S. Harris as receiver of the New Jersey Central Railroad.
Kennedy's 1883 "retirement" broadened his role as a financier with diverse interests in leading New York financial intermediaries. Kennedy held the post of president pro tem of the Bank of the Manhattan Company, 1883-1884, when he became vice president until he resigned for reasons of health in 1888.
Kennedy also served as a trustee of the Central Trust Company from 1882 until he died. Kennedy held similar positions with the National Bank of Commerce (1887-1909), the New York Life Insurance Company (1903-1906), the Title Guarantee and Trust Company (1895-1909), and the United States Trust Company of New York (1896-1909). As a result of his varied banking activities, Kennedy became a central figure in the history of American banking and in the New York business community.
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