Died 1880 Occupation Banker | Name Charles Leverich | |
Charles P. Leverich (1811-1880) was an American banker.
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Early life
Charles Palmer Leverich was born in 1811. He had three brothers: Henry S. Leverich, James Harvey and Charles E. Leverich.
Career
From 1834 onwards, he became a factor for Stephen Duncan (1787-1867), the wealthiest cotton and sugar planter in the Antebellum South. He also served as a factor to the Minor and Connor families. Additionally, he was a factor to planters William Newton Mercer (1792-1874), Levin Marshall, William St. John Elliot, Francis Surget (1784-1856) and his son Francis Surget, Jr. (1815-1866), Sam Davis, William T. Palfrey, Mary Porter and John Julius Pringle. He operated under the name of 'Charles P. Leverich & Co.', with a Southern office in New Orleans, Louisiana.
He joined the Board of Directors of the Bank of New York in 1840. He went on to serve as its Vice-president in 1853 and its President from 1863 to 1876. In this capacity, he helped raise US$50,000,000 for the Union army during the American Civil War of 1861-1865.
Personal life
Both he and his brother Henry married nieces of Stephen Duncan's.
Death
He died in 1880. His obituary was published in The New York Times.