THE CITY OF NEW YORK.----BE.
Westinghouse Electric & Manufacturing Co. and The Kings County Elevated Railroad.
He was at one time president of The New York Athletic Club, is one of the organizers
of the annual Patriarchs' Ball, and a member of more than twenty of the best clubs in
New York, including the Union, Manhattan, Knickerbocker, Country, Lawyers', Down
Town, Coaching, City, Harvard, and several of the ^nunting and yachting clubs.
ELIAS CORNELIUS BENEDICT, banker and stock broker, born Jan. 24, 1834,
is a son of the Rev. Henry Benedict. His native place is Somers in Westchester
county, N. Y. The family was planted in America by Thomas Benedict, an immi¬
grant from Nottinghamshire, England, in 1638. At the age of sixteen, Elias, without
means and with only a fair education, began to master the mysteries of stock broker¬
age, as clerk in the employ of Corning & Co., in New York city. In 1857 he opened
an office of his own on Wall street, displaying the sign of Benedict & Co., and for
nearly forty years has been one of the most active, ingenious and indefatigable opera¬
tors in the whirlpool of this centre of speculation. The Gold Exchange Bank, which
grew out of gold speculation during and after the war, originated with him. He has
always dealt largely in investment securities, and has especially represented transac¬
tions in the stocks of gas companies. Mr. Benedict is a Democrat in political faith, and
an intimate friend of President Cleveland. His clubs are the Manhattan, Players' and
City, and several yachting organizations.
HENRY HARPER BENEDICT, one of the partners in the firm of Wyckoff, Seamans
& Benedict, who have attained a world-wide reputation as the manufacturers of the
Remington Typewriter, is a man of education and a successful and highly respected
He traces his descent through a long line of worthy and capable ancestors, extending
back to William Benedict, who was living in Nottinghamshire, England, in the year
1500. William's great-grandson, Thomas Benedict, was born in Nottinghamshire^
England, in 1617, and came to America in 1638. He lived first on Long Island at
Southold, Jamaica and Huntington, and later in Connecticut. The first of the name of
Benedict in America, he was a notable man in his day. He was a deacon, and aided
actively in the founding of the first Presbyterian Church in America, at Jamaica. He
held a number of local offices on Long Island, and was appointed by Governor
Nichols a delegate to what is believed to have been the first legislative body ever
convened in New York, to settle "good and known laws" for the inhabitants of Long
Island. From 1670 to 1675, he served as a member of the General Assembly of the.
State. Mr. Benedict died in Norwalk, Conn., in 1690.
His son James constituted one of the eight men who bought the land and settled
the city of Danbury, Conn., and here James, grandson of the emigrant, was born in
1685, the first white male child of the place. John, a son of James, was a member of
the Connecticut Legislature for many years and acquired the title of Captain in military
service. His son James moved to Ballston, N. Y., after the Revolution, thence to
Auburn in 1793. The men of this line were all pioneers, enterprising and courageous,
and they acquired in the life of the frontier a self-reliance of character and sturdinesa
of constitution which have always characterized the family.
Elias, the son of James, came to Herkimer county, N. Y., about 1790, and built the
log'cabin in which his son Micaiah, the father of Henry Harper Benedict, was born in
1801. Both Elias and Micaiah bore a man's part in the subjugation of the wilderness.