Word: baker
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Dates: during 1930-1939
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Four doctors were in the sick room, including Dr. George David Stewart, in whose name Mr. Baker had created a $1,000,000 surgery endowment at New York University. An oxygen tank was ready but it was never used. Mr. Baker's pneumonia grew worse. At 6 o'clock Dr. Stewart left and gloomily told the Death Watch that Mr. Baker could not last the night. The afternoon newspapermen left. Four reporters were still damning the cold night and the lack of a shelter when Mr. Baker's secretary summoned them into the house and announced that the aged financier...
Beyond the estimate of newspapermen or bankers is the extent of the Baker fortune. Estimates have run as high as $500,000,000. In 1924 he and his son paid an income tax of $1,575,000. The most important Baker holdings include: 87,000 shares of United States Steel, 74,000 shares of American Telephone & Tele- graph, 204,000 shares of New York Central, 6,100 Pullman, 713,000 Delaware, Lackawanna and Western. Other "Bakerstocks" include American Can and National Biscuit. He has been friendly with the Van Sweringens...
...cornerstone of the entire Baker fortune and power is First National Bank of New York. It was organized in 1863 with Mr. Baker taking $3,000 of its $200,000 capital and becoming teller. At the age of 37 he became president. Mr. Baker's holdings grew to 22.000 shares, with a total market valuation last week of $3,300 each. (Two years ago the market-value of these same shares was nearly $200,000,000.) Since 1925 the bank has paid 100% annually in dividends. The bank always took a leading part in the Nation's industrial affairs...
...First National has been firm through all panics and regarded as supreme by every other bank, public and private. It has always supported the operations of the Treasury Department and still makes a point of immediately subscribing $25,000,000 for every Government offering, a fact which pleases Mr. Baker's younger friend, Andrew William Mellon. In recent years Mr. Baker had served as chairman of the bank. The active president has been Jackson Eli Reynolds, 58, whom Mr. Baker took from the position of general attorney for the Central Railroad of New Jersey. Mr. Reynolds most recently distinguished himself...
...Little publicized is the large Baker family. George Fisher Baker Jr. has four children: Florence (a debutante this year); Edith: George Fisher Baker 3rd; Grenville Baker. Mrs. Loew also has four children: Mrs. Edwin Main Post (who has one child, William); Mrs. Edward Livingston Burrill Jr.; Mrs. Richard Trimble; Florence Loew. Mrs. Howard Bligh St. George has three children: Evelyn Bligh St. George: George Baker St. George (who has a daughter, Priscilla); Robert Cecil St. George (who has a son, Robert). A third son, Howard Bligh St. George was killed at Ypres while leading a British cavalry charge...