OF A'EW YORK CITY. 275
Roosevelt Bailey, Bishop of Newark, in a pecuniary
point of view, is poor, which would have been otherwise
had his grandparent not altered his will. If I mistake
not, his reasons for so doing are mentioned in the
codicil.
I did not enumerate one quarter of the high offices
held by Isaac Roosevelt, the sugar house owner, who
was President of the Bank of New York, when the
New York Hospital had a charter granted by the State,
18th June, 1771.
In 1792, old Isaac Roosevelt was President of the
Board of Governors ; and John Murray, mentioned In a
former chapter, was treasurer. Their neighbor, Gerard
Walton, was also a Governor. These three men all
lived In Queen street, and in that part now called
Franklin Square. Aaron Burr was also a Governor of
the Hospital.
Jacob Roosevelt, bought In 1728 ten lots, each being
25 X 120 feet, " in the Swamp, near the Cripple Bush,"
for ten pounds each, through wdilch a few years l^er
Roosevelt street was opened. P'he same Jacob after¬
wards bought the whole of Beekman Swamp for one
hundred pounds, through which his son afterwards opened
Ferry street. Isaac, who opened the Sugar House on a
part of this property, was a grandson of old Jacob.
Old President, Isaac's father, was named Nicholas.
He was an alderman In 1748 to 1767.
Another brother of the last was alderman of a ward
from 1659 to 1765. His name was Cornelius. A still
older ancestor was an alderman in 1700.
There is one of the same name since become famed
in commerce. James J. started In business in Maiden
Lane at 102, (old number) now 9-4, as early as 1797.
He was in the hardware business. He continued busi-
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