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William Mead Ladd

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William Mead Ladd

Birth
Portland, Multnomah County, Oregon, USA
Death
1 Jan 1931 (aged 75)
Ojai, Ventura County, California, USA
Burial
Portland, Multnomah County, Oregon, USA Add to Map
Plot
Section 3, Lot 28, Grave 2
Memorial ID
View Source
FUNERAL FOR LADD SET FOR TOMORROW

Retired Banker to Be Buried in Riverview Cemetery

PASSING LOSS TO CITY

Financier and Native of Portland Long Known for Civic Work; Life History Traced

[photo with caption: “Noted Leader Dies”]

William Mead Ladd will be laid to rest tomorrow afternoon in Riverview cemetery. Funeral services will be held at 2 o’clock from the First Presbyterian church, conducted by the pastor, Dr. Harold Leonard Bowman. The services at the cemetery will be private.

Honorary pallbearers will be W. B. Ayer, Edward Cookingham, J. C. Ainsworth, Norman F. Coleman, Dr. T. L. Elliot, C. F. Adams, Richard W, Montague, A. S. Pattullo, Harry W. Stone, R. L. Sabin, W. P. Olds, Philip Buehner and W. L. Brewster. The active pallbearers will include three nephews of Mr. Ladd, Harry L., Elliott R. and Hamilton F. Corbett, and Frederick H. Strong, E. B. MacNaughton and Arthur W. Brookings.

Henry A. Ladd, professor of English in Columbia university, New York, is on his way west to attend his father’s funeral, as is Mrs. W. S. Ladd, wife of Dr. Ladd, another son living in New York. Dr. Ladd is bedfast with a severe attack of influenza.

Loss Big One to City

Mr. Ladd died January 1 in his winter home at Ojai, Cal., from heart disease. Mrs. Ladd and a son, Thornton, of Portland, were at the bedside. In the passing of this leader, Portland loses one of the greatest figures in the growth of the city from its pioneer prominence to its present metropolitan standing.

His father, W. S. Ladd, was one of the greatest of the west’s empire builders. He was long one of the leading bankers of the Pacific coast, directing the affairs of the Ladd & Tilton bank for many years. He was one of the purchasers in 1879 of the large tract of land overlooking the Willamette, then a long distance from the little city, in order to transform it into a beautiful city for those who sleep amid eternal silences. This was named Riverview cemetery, and there the son will be laid to rest near his honored father.

The father died while still actively in charge of the bank, January 6, 1893. Business throughout the country was not good. It soon became terrible. Into this tragic field of finance William M. Ladd went directly to work to keep up Portland’s and the bank’s credits. He was very successful, but it was a hard school for a young man to get his start.

Y. M. C. A. Work Aided

With the leadership of the bank, the son also inherited his father’s devotion to and interest in the Y. M. C. A. The father was much engrossed in the work of this organization, and had long been a director of the local branch, holding this position at the time of h is death. The son soon took up the work, and within a short time was elected president, holding the office some 25 years.

When he retired from the majority of his activities, Mr. Ladd was made president-emeritus. He received the monthly reports, studied them and wrote in his recommendations when he was out of the city. He always was invited to attend the board meetings and commissions. One of his early labors in the organization was to get a real secretary for the Portland branch, and this led to the coming here of Harry W. Stone from Sioux City, Ia., to be general secretary March 1, 1896.

Mr. Ladd headed three of the four building drives made by the Y. M. C. A., and took a great interest in the educational work of the society. He gave $10,000 towards a $50,000 found collected for this purpose here. He was also for many years an elder and active worker in the First Presbyterian church of Portland.

At the time of his death his greatest activity was as a trustee and president of the board of regents of Reed college. He held the former position since 1910, the later from 1919. Since his retirement from active business in 1928, Mr. Ladd spent much time with the affairs of the college. He was interested in the new Eric V. Hauser Memorial library, and worked to make the interior as beautiful as possible. Three years ago he aided in raising the additional $440,000 endowment needed by the college.

His only other civic activity at the time the final summons came was in the work of the Portland Art association. This he founded in 1892 with Henry W. Corbett, Henry Failing and Holt C. Wilson. He lent pictures and gave a number of works of masters to the gallery here. He was treasurer until 1903, then president to 1925, since which time he was a member of the honorary board of councilors.

Mr. Ladd’s interest in the fine arts extended from his college days to his death. At one time he owned what was said to be one of the three finest private collections of etchings in the United States. A decade or so ago he sold this great collection to a newspaper publisher in Minneapolis, Minn., who recently gave it to the museum of art in his home city. But Mr. Ladd retained his assortment of Japanese prints. This is said to be a great collection, representing with choice specimens all the periods and famous artists of old and new Japan.

Mr. Ladd was one of the leading authorities in America on etchings and Japanese prints. He visited the art centers in Europe and the orient, but was not a great traveler.

Activities in Panic Recalled

Another interest to which Mr. Ladd devoted much time wa the breeding of Jersey cattle. In this he did what is said to be the greatest single work for the upbuilding of Oregon’s dairy herds that had been done. His Jerseys were famous in all parts of the United States and Canada. The two herds were kept on two of the well-known Ladd farms, one of which is now Laurelhurst, the other Eastmoreland.

His friends speak with glowing pride of what is perhaps Mr. Ladd’s outstanding incident in his banking activities. When the Title, Guaranty & Trust company failed here in the panic of 1907, Mr. Ladd personally guaranteed and underwrote all the savings deposits in that institution. As a result of this voluntary action, none of these these who had placed their savings in that bank lost a dollar.

Mr. Ladd was born in Portland September 16, 1855. He graduated from Amherst college in 1878 and that year began his business career as a clerk in the bank here. In 1923 his alma mater conferred the degree of master of arts upon the Portlander for his fine work in forwarding American citizenship. February 24, 1885, Mr. Ladd married Miss Mary Lyman Andrews of Oakland, Cal., who survives.

[The Oregonian, Portland, Oregon, Monday, January 5, 1931, page 12]
FUNERAL FOR LADD SET FOR TOMORROW

Retired Banker to Be Buried in Riverview Cemetery

PASSING LOSS TO CITY

Financier and Native of Portland Long Known for Civic Work; Life History Traced

[photo with caption: “Noted Leader Dies”]

William Mead Ladd will be laid to rest tomorrow afternoon in Riverview cemetery. Funeral services will be held at 2 o’clock from the First Presbyterian church, conducted by the pastor, Dr. Harold Leonard Bowman. The services at the cemetery will be private.

Honorary pallbearers will be W. B. Ayer, Edward Cookingham, J. C. Ainsworth, Norman F. Coleman, Dr. T. L. Elliot, C. F. Adams, Richard W, Montague, A. S. Pattullo, Harry W. Stone, R. L. Sabin, W. P. Olds, Philip Buehner and W. L. Brewster. The active pallbearers will include three nephews of Mr. Ladd, Harry L., Elliott R. and Hamilton F. Corbett, and Frederick H. Strong, E. B. MacNaughton and Arthur W. Brookings.

Henry A. Ladd, professor of English in Columbia university, New York, is on his way west to attend his father’s funeral, as is Mrs. W. S. Ladd, wife of Dr. Ladd, another son living in New York. Dr. Ladd is bedfast with a severe attack of influenza.

Loss Big One to City

Mr. Ladd died January 1 in his winter home at Ojai, Cal., from heart disease. Mrs. Ladd and a son, Thornton, of Portland, were at the bedside. In the passing of this leader, Portland loses one of the greatest figures in the growth of the city from its pioneer prominence to its present metropolitan standing.

His father, W. S. Ladd, was one of the greatest of the west’s empire builders. He was long one of the leading bankers of the Pacific coast, directing the affairs of the Ladd & Tilton bank for many years. He was one of the purchasers in 1879 of the large tract of land overlooking the Willamette, then a long distance from the little city, in order to transform it into a beautiful city for those who sleep amid eternal silences. This was named Riverview cemetery, and there the son will be laid to rest near his honored father.

The father died while still actively in charge of the bank, January 6, 1893. Business throughout the country was not good. It soon became terrible. Into this tragic field of finance William M. Ladd went directly to work to keep up Portland’s and the bank’s credits. He was very successful, but it was a hard school for a young man to get his start.

Y. M. C. A. Work Aided

With the leadership of the bank, the son also inherited his father’s devotion to and interest in the Y. M. C. A. The father was much engrossed in the work of this organization, and had long been a director of the local branch, holding this position at the time of h is death. The son soon took up the work, and within a short time was elected president, holding the office some 25 years.

When he retired from the majority of his activities, Mr. Ladd was made president-emeritus. He received the monthly reports, studied them and wrote in his recommendations when he was out of the city. He always was invited to attend the board meetings and commissions. One of his early labors in the organization was to get a real secretary for the Portland branch, and this led to the coming here of Harry W. Stone from Sioux City, Ia., to be general secretary March 1, 1896.

Mr. Ladd headed three of the four building drives made by the Y. M. C. A., and took a great interest in the educational work of the society. He gave $10,000 towards a $50,000 found collected for this purpose here. He was also for many years an elder and active worker in the First Presbyterian church of Portland.

At the time of his death his greatest activity was as a trustee and president of the board of regents of Reed college. He held the former position since 1910, the later from 1919. Since his retirement from active business in 1928, Mr. Ladd spent much time with the affairs of the college. He was interested in the new Eric V. Hauser Memorial library, and worked to make the interior as beautiful as possible. Three years ago he aided in raising the additional $440,000 endowment needed by the college.

His only other civic activity at the time the final summons came was in the work of the Portland Art association. This he founded in 1892 with Henry W. Corbett, Henry Failing and Holt C. Wilson. He lent pictures and gave a number of works of masters to the gallery here. He was treasurer until 1903, then president to 1925, since which time he was a member of the honorary board of councilors.

Mr. Ladd’s interest in the fine arts extended from his college days to his death. At one time he owned what was said to be one of the three finest private collections of etchings in the United States. A decade or so ago he sold this great collection to a newspaper publisher in Minneapolis, Minn., who recently gave it to the museum of art in his home city. But Mr. Ladd retained his assortment of Japanese prints. This is said to be a great collection, representing with choice specimens all the periods and famous artists of old and new Japan.

Mr. Ladd was one of the leading authorities in America on etchings and Japanese prints. He visited the art centers in Europe and the orient, but was not a great traveler.

Activities in Panic Recalled

Another interest to which Mr. Ladd devoted much time wa the breeding of Jersey cattle. In this he did what is said to be the greatest single work for the upbuilding of Oregon’s dairy herds that had been done. His Jerseys were famous in all parts of the United States and Canada. The two herds were kept on two of the well-known Ladd farms, one of which is now Laurelhurst, the other Eastmoreland.

His friends speak with glowing pride of what is perhaps Mr. Ladd’s outstanding incident in his banking activities. When the Title, Guaranty & Trust company failed here in the panic of 1907, Mr. Ladd personally guaranteed and underwrote all the savings deposits in that institution. As a result of this voluntary action, none of these these who had placed their savings in that bank lost a dollar.

Mr. Ladd was born in Portland September 16, 1855. He graduated from Amherst college in 1878 and that year began his business career as a clerk in the bank here. In 1923 his alma mater conferred the degree of master of arts upon the Portlander for his fine work in forwarding American citizenship. February 24, 1885, Mr. Ladd married Miss Mary Lyman Andrews of Oakland, Cal., who survives.

[The Oregonian, Portland, Oregon, Monday, January 5, 1931, page 12]


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  • Created by: EGF
  • Added: Oct 5, 2015
  • Find a Grave Memorial ID:
  • Find a Grave, database and images (https://www.findagrave.com/memorial/153284514/william_mead-ladd: accessed ), memorial page for William Mead Ladd (16 Sep 1855–1 Jan 1931), Find a Grave Memorial ID 153284514, citing River View Cemetery, Portland, Multnomah County, Oregon, USA; Maintained by EGF (contributor 47271774).