Edward Coleman Delafield
Encyclopedia
Edward Coleman Delafield (1878 — 1976) was the son of Maturin L. Delafield, a son of Maj. Joseph Delafield and Mary Coleman Delafield. Edward C. Delafield went into banking and was vice president and president of the Franklin Trust Company in 1914. In 1920, the institution merged with the Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...

. The Bank of America sold the charter for its California affiliate and name to the Bank of Italy (USA)
Bank of Italy (USA)
The Bank of Italy was founded in San Francisco, California, USA, in 1904 by Amadeo Giannini. It grew by a branch banking strategy to become the Bank of America, the world's largest commercial bank with 493 branches in California and assets of $5 billion in 1945....

 under founder Amadeo P. Giannini. In 1931 Delafield's remaining trust company merged with the City Bank Farmers Trust Company. In 1937, he became a founding senior partner in the investment counselling and New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

 member stock brokerage firm of Delafield & Delafield. He turned management over to other family members but he was recalled in 1968 resuming management and he retired for good in 1970.

His first wife was Margaretta Stockton Beasley, whose uncle was Moses Taylor Pyne
Moses Taylor Pyne
Moses Taylor Pyne , was a financier and philanthropist, and one of Princeton University's greatest benefactors and most influential Trustees....

, of a family long associated with National City Bank. Pyne was the grandson of Moses Taylor
Moses Taylor
Moses Taylor was a 19th century New York merchant and banker and one of the wealthiest men of that century. At his death, his estate was reported to be worth $70 million, or about $ billion in today's dollars. He controlled the National City Bank of New York , the Delaware, Lackawanna & Western...

. His brother, Joseph L. Delafield, was the best man, and ushers were his brother, J. Ross Delafield, his wife's cousin Percy R. Pyne
Percy R. Pyne
Percy Rivington Pyne was a banker, financier, and philanthropist.He was born in 1857 in New York City, the son of Percy Rivington Pyne and Albertina Shelton Pyne. His maternal grandfather was Moses Taylor, founder of the First National City Bank of New York and a stockholder in the Delaware,...

, Alexander M. Hadden, Princeton tennis star Mercer Beasley, III and Robert Southard.

His second wife was Clelia C. Benjamin, a college mate of his daughter Margaretta. Clelia was the daughter of Walter Romeyn Benjamin, publisher of The Collector, a journal of autographs and history. Clelia's grandfather was Park Benjamin, Sr.
Park Benjamin, Sr.
Park Benjamin, Sr. was well known in his time as an American poet, journalist, editor and founder of several newspapers.-Biography:...

 and her uncle was Park Benjamin, Jr.
Park Benjamin, Jr.
Park Benjamin was an American patent lawyer, physician, and writer. He was born in New York City, graduated at the United States Naval Academy in 1867, resigned from the Navy in 1869, and graduated at the Albany Law School in the following year...

. Clelia's mother Mrs. Benjamin was Baroness Rachele Maria Carolina "Carina" de Saint Seigne, of Florence.

From 1946 to 1968 Delafield was the Treasurer and/or a member of the board of trustees of Memorial Hospital for the Treatment of Cancer and Allied Diseases later known as the Sloan-Kettering Institute.

Sources

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