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Joseph E. O'Connell


Joseph E. O'Connell was an American businessman and racehorse owner. Two of his horses, Cavan and Celtic Ash, won the Belmont Stakes.

O'Connell graduated from the College of the Holy Cross in 1910 and went to work for the bond department of Lee, Higginson & Company. He remained with the company for five years before leaving to become the assistant to the president at the International Trust Company.

O'Connell, a member of the 9th Regiment of the Massachusetts National Guard, was sent to the Mexican border in 1916. After this, he returned to the International Trust Company. When war was declared on Germany in 1917, O'Connell enlisted in the United States Navy, where remained until after World War I ended.

After his discharge from the Navy, O'Connell joined Kaler, Carney, Liffler & Co, an insurance brokerage. He remained there until May 1925, when he joined National Shawmut Bank as the assistant vice president of its credit department. On January 1, 1930 he was elected vice president of the company. He also served as vice president of the Shawmut Association and the Shawmut Bank Investment Trust. On December 31, 1935, O'Connell left Shawmut to become a resident partner of Soucy, Swartswelter & Co. In addition to working for Soucy, Swartswelter & Co, O'Connell also served a president of Pilot Publishing Company and in 1939 was elected to the board of directors of the John Hancock Mutual Life Insurance Company. He later served as a director of Boston Edison and the Union Savings Bank of Boston. In 1942, after Soucy & Co. had been dissolved, O'Connell formed his own stock brockerage, O'Connell & Co.

O'Connell served as the treasurer of numerous Catholic charities, including St. Vincent's Orphan Asylum. He was also a member of the executive committee of St. Elizabeth's Hospital.


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