| George
F. Baker
George F.
Baker (1840-1931) was a founder of the First National Bank in
New York City in 1863. Although he was averse to personal publicity,
the bank, which is today Citibank, became known as "his"
bank, which he ran from an old rolltop desk and without any fripperies.
When he was
23 years old, he had invested his $3,000 savings to help get the
bank started. He became president of the bank in 1877, and chairman
of the board in 1909. He served as a director of the bank for
68 years, somewhat longer than the 50 years he served on the Board
of Trustees at All Souls.
A 1934 article
in Newsweek describes him as one of the most imposing figures
in banking history. In the November, 1994 issue of Worth magazine,
in an interview with James Grant, editor of a financial newsletter,
Baker is described as the hidebound turn-of-the-century banker
who always got his loans repaid and was one of Grant's heroes.
When he died,
Baker's son, George F. Baker, grave and bespectacled, who could
never quite get over being referred to as young Mr. George, succeeded
his father as chairman of the bank. It is Young Mr. George who
freed the congregation of its obligations on the former church,
thus enabling our current building to be completed in 1932.
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