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| In 1827 Walter started and edited a newspaper in Philadelphia which was a weekly.<ref name="PI">{{cite news |title=Obituary Elwood Walter |url=https://newspaperarchive.com/philadelphia-inquirer-may-09-1877-p-8/ |access-date=July 20, 2020 |publisher=Philadelphia Inquirer |date=May 9, 1877}}</ref> | In 1827 Walter started and edited a newspaper in Philadelphia which was a weekly.<ref name="PI">{{cite news |title=Obituary Elwood Walter |url=https://newspaperarchive.com/philadelphia-inquirer-may-09-1877-p-8/ |access-date=July 20, 2020 |publisher=Philadelphia Inquirer |date=May 9, 1877}}</ref> | ||
| By 1845 Walter was secretary of the Mercantile Mutual Insurance Company in New York. In 1847 he became a Vice president, and in 1853 he became its president.<ref name="PI"/> Walter had been associated with the Mercantile Mutual Insurance Company for 28 years.<ref>The United States Insurance Gazette and Magazine, edited by G. E. Currie, November 1, 1868, to May 1, 1869</ref> | By 1845 Walter was secretary of the Mercantile Mutual Insurance Company in New York. In 1847 he became a Vice president, and in 1853 he became its president.<ref name="PI"/> Walter had been associated with the Mercantile Mutual Insurance Company for 28 years.<ref>The United States Insurance Gazette and Magazine, edited by G. E. Currie, November 1, 1868, to May 1, 1869</ref> Walter was secretary of the New York Board of Marine Underwriters.<ref>{{cite book|url=https://books.google.com/books?id=VNsGi3nmuaQC&q=Self-organisation&pg=PP1 |title=Pilots The World Of Pilotage Under Sail and Oar by Tom Cunliffe |publisher=WoodenBoat |date=2001 |isbn=9780937822692 |access-date=November 7, 2019}}</ref> | ||
| Walter was secretary of the New York Board of Marine Underwriters. In 1845, an unofficial Pilot Commission was established with two representatives from the Marine Underwriters and three from the ]. Pilot boats working under the Underwriters' Commission took on licensed pilots and proved to be more insurable because of their strict rules and regulations. By 1846, the Underwriters' Commission became the official body for governing the pilot service.<ref>{{cite book|url=https://books.google.com/books?id=VNsGi3nmuaQC&q=Self-organisation&pg=PP1 |title=Pilots The World Of Pilotage Under Sail and Oar by Tom Cunliffe |publisher=WoodenBoat |date=2001 |isbn=9780937822692 |access-date=November 7, 2019}}</ref> | |||
| In 1854, when Cornelius Vanderbilt was creating steamships, it was hard to get ] for the new design. Walter made a visit to Vanderbilt's house. After their meeting, Vanderbilt put $1,000,000 into the Mercantile Mutual Insurance Company. Once people got word that Walter was insuring the Vanderbilt ships, everyone wanted to insure them.<ref>{{cite book |url=https://cdnc.ucr.edu/?a=d&d=LAH18930130.2.48&e=-------en--20--21-byDA-txt-txIN-%22Ellwood+Walter%22-------1 |title=THE AMERICAN STEAMSHIP|page=1 |newspaper=] |volume=39 |number=111 |year=1893 |access-date= October 26, 2019}}</ref> | |||
| The New York pilot-boat ] was named after Walter.<ref>{{cite news |date=May 16, 1853 |title=The Pilot-Boat Elwood Walter, No. 7|url=https://www.newspapers.com/image/20303356/?terms=%22Elwood%2BWalter.%2BNo.%2B7%22 |newspaper=]|location=New York|access-date=July 16, 2020 }}</ref><ref>{{cite news |date=April 30, 1853 |title=Launch Of A Pilotboat |url=https://www.newspapers.com/image/329293579/?terms=%22Ellwood%2BWalter%22 |newspaper=]|location=New York City |access-date=July 16, 2020 }}</ref> The ship carried cargo between Boston Massachusetts and New York.<ref name="Arrive">{{cite news |title=Arrived |url=https://newspaperarchive.com/new-york-times-oct-30-1861-p-8/ |access-date=July 20, 2020 |work=New York Times |date=October 30, 1861}}</ref> | The New York pilot-boat ] was named after Walter.<ref>{{cite news |date=May 16, 1853 |title=The Pilot-Boat Elwood Walter, No. 7|url=https://www.newspapers.com/image/20303356/?terms=%22Elwood%2BWalter.%2BNo.%2B7%22 |newspaper=]|location=New York|access-date=July 16, 2020 }}</ref><ref>{{cite news |date=April 30, 1853 |title=Launch Of A Pilotboat |url=https://www.newspapers.com/image/329293579/?terms=%22Ellwood%2BWalter%22 |newspaper=]|location=New York City |access-date=July 16, 2020 }}</ref> The ship carried cargo between Boston Massachusetts and New York.<ref name="Arrive">{{cite news |title=Arrived |url=https://newspaperarchive.com/new-york-times-oct-30-1861-p-8/ |access-date=July 20, 2020 |work=New York Times |date=October 30, 1861}}</ref> | ||
| In October 1861, Walter became a trustee of the Nautical School for the harbor of New York |
In October 1861, Walter became a trustee of the Nautical School for the harbor of New York.<ref>Annual Report of the Chamber of Commerce of the State of New York, 1861–62, Page 21</ref> | ||
| On May 14, 1871, Walter was elected as Vice-President of the ''New York Seamen's Association'' |
On May 14, 1871, Walter was elected as Vice-President of the ''New York Seamen's Association''.<ref>Minutes of Board of Apportionment of the City and County of New York, 1871, page 154</ref> In 1876, there was an act to authorize the transfer of the property of the New York Seamen's Association to the ''American Seamen's Friend Society'' and to dissolve the New York Seamen's Association.<ref>{{cite book |contribution=LIST OF GENERAL ORDERS |url=https://books.google.com/books?id=DDNiK3q9KvYC&q=Seamen%27s+Association&pg=RA14-PA12 |title=Documents of the Senate of the State of New York, Volume 6 |page=12 |publisher=JEROME B PARMENTER STATE PRINTER|year=1876 |access-date=July 16, 2020 }}</ref> | ||
| In 1872, Walter was reported in '']'' for having an apple tree that also had fully formed pears. In an apparent "freak of nature", the limbs of one tree intertwined with another creating a branch that had both pears and apples growing on it.<ref>{{cite journal |title=A Pear Fruit from the Apple Tree |journal=The Gardener's Monthly and Horticultural Advertiser |date=November 1872 |volume=5 |number=11 |url=https://archive.org/details/gardenersmonthl14unkngoog |page=}}</ref> | |||
| Walter was described as a man of "distinguished presence" and "great personal dignity" who had for his time "considerable wealth".<ref name="Hallock"/> Walter was one of the leading members of the ] mercantile community.<ref name="WU"/> | Walter was described as a man of "distinguished presence" and "great personal dignity" who had for his time "considerable wealth".<ref name="Hallock"/> Walter was one of the leading members of the ] mercantile community.<ref name="WU"/> | ||
| ==Death== | ==Death== | ||
| On May 7, 1877, at the age of 75, Walter died at his residence in ].<ref>The Interests of Insurance in All Its Branches, January–June 1877, page 302</ref> He was buried |
On May 7, 1877, at the age of 75, Walter died at his residence in ].<ref>The Interests of Insurance in All Its Branches, January–June 1877, page 302</ref> He was buried at the Quaker Cemetery in ], New York.<ref>{{cite news|url=https://chroniclingamerica.loc.gov/lccn/sn83030313/1877-05-08/ed-1/seq-11/#date1=1876&index=0&date2=1890&searchType=advanced&language=&sequence=0&words=Elwood+ELWOOD+Walter+WALTER&proxdistance=5&state=&rows=20&ortext=&proxtext=&phrasetext=Elwood+Walter&andtext=&dateFilterType=yearRange&page=1|title=Elwood Walter|work=The New York herald|place=New York, N.Y.|date=May 8, 1877|page=10|access-date=September 9, 2020}}</ref> | ||
| His residence near Englewood was put up for sale, which had 28 acres of land and a large house.<ref>New York Herald, Sunday, February 9, 1879</ref> | |||
| ==Post death== | ==Post death== | ||
Latest revision as of 14:59, 19 August 2024
American insurance businessman
| Ellwood Walter | |
|---|---|
| Born | Ellwood Walter (1803-08-16)August 16, 1803 Philadelphia, Pennsylvania, U.S. |
| Died | May 7, 1877(1877-05-07) (aged 73) Bronx, New York, U.S. |
| Nationality | American |
| Occupation(s) | Insurance, underwriting, marine insurance |
Ellwood Walter (August 16, 1803 – May 7, 1877) was president of the Mercantile Mutual Insurance Company in New York City for 28 years. The Mercantile Mutual Insurance Company was organized in April 1844. He was also secretary of the New York Board of Marine Underwriters since 1849.
Early life
Born in Philadelphia, Pennsylvania to a Quaker family. In his early life, he was an editor of a weekly newspaper, The Ariel: A Literary and Critical Gazette, published in Philadelphia.
Career
In 1827 Walter started and edited a newspaper in Philadelphia which was a weekly.
By 1845 Walter was secretary of the Mercantile Mutual Insurance Company in New York. In 1847 he became a Vice president, and in 1853 he became its president. Walter had been associated with the Mercantile Mutual Insurance Company for 28 years. Walter was secretary of the New York Board of Marine Underwriters.
The New York pilot-boat Ellwood Walter, No. 7 was named after Walter. The ship carried cargo between Boston Massachusetts and New York.
In October 1861, Walter became a trustee of the Nautical School for the harbor of New York.
On May 14, 1871, Walter was elected as Vice-President of the New York Seamen's Association. In 1876, there was an act to authorize the transfer of the property of the New York Seamen's Association to the American Seamen's Friend Society and to dissolve the New York Seamen's Association.
Walter was described as a man of "distinguished presence" and "great personal dignity" who had for his time "considerable wealth". Walter was one of the leading members of the Quaker mercantile community.
Death
On May 7, 1877, at the age of 75, Walter died at his residence in Englewood, New Jersey. He was buried at the Quaker Cemetery in Brooklyn, New York.
Post death
The Mercantile Mutual Insurance company went out of business in 1880.
References
- "The Mercantile Mutual Insurance Company". Madison Wisconsin Daily State Journal. April 10, 1862. Retrieved July 20, 2020.
- Cargo, Brig Lilla & (1863). The United States, Libellants, Vs. Brig Lilla & Cargo: Circuit Court of the United States in a Cause of Prize. Alfred Mudge & Son.
- ^ Mary Hallock Foote (1972). A Victorian gentlewoman in the Far West; the reminiscences of Mary Hallock Foote. The Huntington Library. p. 64.
- "The Dangers of Sailing in High Latitudes". The Ariel: A Literary Gazette, Volumes 1–2. Ellwood Walter. 1827. p. 130. Retrieved October 25, 2019.
- "The Week – Ellwood Walter". The Baltimore Underwriter: A Monthly Publication Devoted to the Interest Of Insurance. BOMBAUG H & RANSOM PUBLISHERS AND PROPRIETORS No 3 POST OFFICE AVENUE BALTIMORE. 1877. p. 802. Retrieved October 25, 2019.
- ^ "Obituary Elwood Walter". Philadelphia Inquirer. May 9, 1877. Retrieved July 20, 2020.
- The United States Insurance Gazette and Magazine, edited by G. E. Currie, November 1, 1868, to May 1, 1869
- Pilots The World Of Pilotage Under Sail and Oar by Tom Cunliffe. WoodenBoat. 2001. ISBN 9780937822692. Retrieved November 7, 2019.
- "The Pilot-Boat Elwood Walter, No. 7". The New York Times. New York. May 16, 1853. Retrieved July 16, 2020.
- "Launch Of A Pilotboat". New York Daily Herald. New York City. April 30, 1853. Retrieved July 16, 2020.
- "Arrived". New York Times. October 30, 1861. Retrieved July 20, 2020.
- Annual Report of the Chamber of Commerce of the State of New York, 1861–62, Page 21
- Minutes of Board of Apportionment of the City and County of New York, 1871, page 154
- "LIST OF GENERAL ORDERS". Documents of the Senate of the State of New York, Volume 6. JEROME B PARMENTER STATE PRINTER. 1876. p. 12. Retrieved July 16, 2020.
- ^ The Weekly Underwriter: An Insurance Newspaper, Index to Volume One Hundred and six, January 7, 1922, to June 24, 1922
- The Interests of Insurance in All Its Branches, January–June 1877, page 302
- "Elwood Walter". The New York herald. New York, N.Y. May 8, 1877. p. 10. Retrieved September 9, 2020.