Henry White Cannon, unquestionably this village’s most illustrious son, comptroller of the currency under President Arthur and long president of Chase National bank, New York, died Friday,” readers of The Oneonta Star learned on April 30 (1934).
Cannon was 84, at his winter home in Daytona Beach, Florida, and while having a productive life for himself, he didn’t forget about his hometown, Delhi.
Cannon was born here in September 1850, and attended Delaware Academy. He supplemented his education with study at the Delaware Literary Institute in Franklin. Banking was his occupational choice, and first became a clerk at the First National Bank of Delhi, later becoming teller before reaching his 20th birthday.
Like many of his age, Cannon wanted to move to a larger area, and accepted a job in St. Paul, Minnesota, and only a year later at age 21, he organized the Lumberman’s National Bank in Stillwater, Minnesota. One of his first challenges was seeing the bank through a panic in 1872, which caused many banking institutions to suspend its currency.
In 1879, Cannon married Jennie Olive Curtis of Delhi. They had two sons. Mrs. Cannon was a frequent summer resident of Delhi, staying at the Cannon home on Main Street. She died in 1929, and Henry remarried.
In May 1884, at the suggestion of the congressional delegation in Minnesota, Cannon was appointed as comptroller of the currency by President Chester A. Arthur. He immediately faced another national economic crisis, and due to his experience and knowledge of banking, saved many banks from going into the hands of receivers.
Cannon resigned in 1886, despite a request by President Grover Cleveland to stay on. Instead, Cannon went on to New York, where he was elected president of the National Bank of the Republic, followed by the presidency of Chase National Bank in 1888. He held the latter position until 1904.
One of Mr. Cannon’s hobbies was arctic exploration, and it is little known that he was one of the active sponsors of Rear Admiral Robert Peary’s dash to the North Pole, made in April 1909.
Although a resident of New York City, Cannon did not forget his hometown. In 1917, plans were unveiled for building the Cannon Free Library, on frontage along Elm Street, owned by the Cannon family. Cannon had been the institution’s sole support since that time and made many additions to it. At the time of its opening, the library contained 4,500 volumes and by the time of his death, the number had surpassed 9,000 volumes. Cannon also built the library in the town of Franklin.
“Several years ago,” The Star said, “he purchased the Delhi hospital property and gave it to the village, and this winter provided funds for remodeling the building and converting it into a hospital, modern in every detail.” The purchase was made in May 1919, and the property was on Franklin Street, now a private home. It served the community until the late 1950s, when the O’Connor Hospital opened on state Route 28.
On Wednesday, May 2, 1934, The Star reported, “Henry White Cannon was brought back to Delhi, his native village… and laid to rest in the beautiful family plot at Woodland cemetery. The brief committal service was conducted by Rev. Orville G. Bosley of the Second Presbyterian church as members of Mr. Cannon’s family and representatives of the many Delhi institutions with which the deceased had been closely identified, stood with bowed heads.
“All of Delhi’s business places drew shades during the service and the flags at Delaware academy … and Cannon Free library … hung at half mast.”
The Daily Star (Oneonta, NY, 4/27/2019) , by columnist Mark Simonson
Obituary submitted by Find A Grave contributor: suscat
Cannon was 84, at his winter home in Daytona Beach, Florida, and while having a productive life for himself, he didn’t forget about his hometown, Delhi.
Cannon was born here in September 1850, and attended Delaware Academy. He supplemented his education with study at the Delaware Literary Institute in Franklin. Banking was his occupational choice, and first became a clerk at the First National Bank of Delhi, later becoming teller before reaching his 20th birthday.
Like many of his age, Cannon wanted to move to a larger area, and accepted a job in St. Paul, Minnesota, and only a year later at age 21, he organized the Lumberman’s National Bank in Stillwater, Minnesota. One of his first challenges was seeing the bank through a panic in 1872, which caused many banking institutions to suspend its currency.
In 1879, Cannon married Jennie Olive Curtis of Delhi. They had two sons. Mrs. Cannon was a frequent summer resident of Delhi, staying at the Cannon home on Main Street. She died in 1929, and Henry remarried.
In May 1884, at the suggestion of the congressional delegation in Minnesota, Cannon was appointed as comptroller of the currency by President Chester A. Arthur. He immediately faced another national economic crisis, and due to his experience and knowledge of banking, saved many banks from going into the hands of receivers.
Cannon resigned in 1886, despite a request by President Grover Cleveland to stay on. Instead, Cannon went on to New York, where he was elected president of the National Bank of the Republic, followed by the presidency of Chase National Bank in 1888. He held the latter position until 1904.
One of Mr. Cannon’s hobbies was arctic exploration, and it is little known that he was one of the active sponsors of Rear Admiral Robert Peary’s dash to the North Pole, made in April 1909.
Although a resident of New York City, Cannon did not forget his hometown. In 1917, plans were unveiled for building the Cannon Free Library, on frontage along Elm Street, owned by the Cannon family. Cannon had been the institution’s sole support since that time and made many additions to it. At the time of its opening, the library contained 4,500 volumes and by the time of his death, the number had surpassed 9,000 volumes. Cannon also built the library in the town of Franklin.
“Several years ago,” The Star said, “he purchased the Delhi hospital property and gave it to the village, and this winter provided funds for remodeling the building and converting it into a hospital, modern in every detail.” The purchase was made in May 1919, and the property was on Franklin Street, now a private home. It served the community until the late 1950s, when the O’Connor Hospital opened on state Route 28.
On Wednesday, May 2, 1934, The Star reported, “Henry White Cannon was brought back to Delhi, his native village… and laid to rest in the beautiful family plot at Woodland cemetery. The brief committal service was conducted by Rev. Orville G. Bosley of the Second Presbyterian church as members of Mr. Cannon’s family and representatives of the many Delhi institutions with which the deceased had been closely identified, stood with bowed heads.
“All of Delhi’s business places drew shades during the service and the flags at Delaware academy … and Cannon Free library … hung at half mast.”
The Daily Star (Oneonta, NY, 4/27/2019) , by columnist Mark Simonson
Obituary submitted by Find A Grave contributor: suscat
Henry White Cannon, unquestionably this village’s most illustrious son, comptroller of the currency under President Arthur and long president of Chase National bank, New York, died Friday,” readers of The Oneonta Star learned on April 30 (1934).
Cannon was 84, at his winter home in Daytona Beach, Florida, and while having a productive life for himself, he didn’t forget about his hometown, Delhi.
Cannon was born here in September 1850, and attended Delaware Academy. He supplemented his education with study at the Delaware Literary Institute in Franklin. Banking was his occupational choice, and first became a clerk at the First National Bank of Delhi, later becoming teller before reaching his 20th birthday.
Like many of his age, Cannon wanted to move to a larger area, and accepted a job in St. Paul, Minnesota, and only a year later at age 21, he organized the Lumberman’s National Bank in Stillwater, Minnesota. One of his first challenges was seeing the bank through a panic in 1872, which caused many banking institutions to suspend its currency.
In 1879, Cannon married Jennie Olive Curtis of Delhi. They had two sons. Mrs. Cannon was a frequent summer resident of Delhi, staying at the Cannon home on Main Street. She died in 1929, and Henry remarried.
In May 1884, at the suggestion of the congressional delegation in Minnesota, Cannon was appointed as comptroller of the currency by President Chester A. Arthur. He immediately faced another national economic crisis, and due to his experience and knowledge of banking, saved many banks from going into the hands of receivers.
Cannon resigned in 1886, despite a request by President Grover Cleveland to stay on. Instead, Cannon went on to New York, where he was elected president of the National Bank of the Republic, followed by the presidency of Chase National Bank in 1888. He held the latter position until 1904.
One of Mr. Cannon’s hobbies was arctic exploration, and it is little known that he was one of the active sponsors of Rear Admiral Robert Peary’s dash to the North Pole, made in April 1909.
Although a resident of New York City, Cannon did not forget his hometown. In 1917, plans were unveiled for building the Cannon Free Library, on frontage along Elm Street, owned by the Cannon family. Cannon had been the institution’s sole support since that time and made many additions to it. At the time of its opening, the library contained 4,500 volumes and by the time of his death, the number had surpassed 9,000 volumes. Cannon also built the library in the town of Franklin.
“Several years ago,” The Star said, “he purchased the Delhi hospital property and gave it to the village, and this winter provided funds for remodeling the building and converting it into a hospital, modern in every detail.” The purchase was made in May 1919, and the property was on Franklin Street, now a private home. It served the community until the late 1950s, when the O’Connor Hospital opened on state Route 28.
On Wednesday, May 2, 1934, The Star reported, “Henry White Cannon was brought back to Delhi, his native village… and laid to rest in the beautiful family plot at Woodland cemetery. The brief committal service was conducted by Rev. Orville G. Bosley of the Second Presbyterian church as members of Mr. Cannon’s family and representatives of the many Delhi institutions with which the deceased had been closely identified, stood with bowed heads.
“All of Delhi’s business places drew shades during the service and the flags at Delaware academy … and Cannon Free library … hung at half mast.”
The Daily Star (Oneonta, NY, 4/27/2019) , by columnist Mark Simonson
Obituary submitted by Find A Grave contributor: suscat
Cannon was 84, at his winter home in Daytona Beach, Florida, and while having a productive life for himself, he didn’t forget about his hometown, Delhi.
Cannon was born here in September 1850, and attended Delaware Academy. He supplemented his education with study at the Delaware Literary Institute in Franklin. Banking was his occupational choice, and first became a clerk at the First National Bank of Delhi, later becoming teller before reaching his 20th birthday.
Like many of his age, Cannon wanted to move to a larger area, and accepted a job in St. Paul, Minnesota, and only a year later at age 21, he organized the Lumberman’s National Bank in Stillwater, Minnesota. One of his first challenges was seeing the bank through a panic in 1872, which caused many banking institutions to suspend its currency.
In 1879, Cannon married Jennie Olive Curtis of Delhi. They had two sons. Mrs. Cannon was a frequent summer resident of Delhi, staying at the Cannon home on Main Street. She died in 1929, and Henry remarried.
In May 1884, at the suggestion of the congressional delegation in Minnesota, Cannon was appointed as comptroller of the currency by President Chester A. Arthur. He immediately faced another national economic crisis, and due to his experience and knowledge of banking, saved many banks from going into the hands of receivers.
Cannon resigned in 1886, despite a request by President Grover Cleveland to stay on. Instead, Cannon went on to New York, where he was elected president of the National Bank of the Republic, followed by the presidency of Chase National Bank in 1888. He held the latter position until 1904.
One of Mr. Cannon’s hobbies was arctic exploration, and it is little known that he was one of the active sponsors of Rear Admiral Robert Peary’s dash to the North Pole, made in April 1909.
Although a resident of New York City, Cannon did not forget his hometown. In 1917, plans were unveiled for building the Cannon Free Library, on frontage along Elm Street, owned by the Cannon family. Cannon had been the institution’s sole support since that time and made many additions to it. At the time of its opening, the library contained 4,500 volumes and by the time of his death, the number had surpassed 9,000 volumes. Cannon also built the library in the town of Franklin.
“Several years ago,” The Star said, “he purchased the Delhi hospital property and gave it to the village, and this winter provided funds for remodeling the building and converting it into a hospital, modern in every detail.” The purchase was made in May 1919, and the property was on Franklin Street, now a private home. It served the community until the late 1950s, when the O’Connor Hospital opened on state Route 28.
On Wednesday, May 2, 1934, The Star reported, “Henry White Cannon was brought back to Delhi, his native village… and laid to rest in the beautiful family plot at Woodland cemetery. The brief committal service was conducted by Rev. Orville G. Bosley of the Second Presbyterian church as members of Mr. Cannon’s family and representatives of the many Delhi institutions with which the deceased had been closely identified, stood with bowed heads.
“All of Delhi’s business places drew shades during the service and the flags at Delaware academy … and Cannon Free library … hung at half mast.”
The Daily Star (Oneonta, NY, 4/27/2019) , by columnist Mark Simonson
Obituary submitted by Find A Grave contributor: suscat
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