Percy Rivington Pyne 2nd

Percy Rivington Pyne 2nd (June 23, 1882 – August 15, 1950) was a banker, financier, and philanthropist.[1] He founded the stock exchange firm of Pyne, Kendall Hollister.[2]

Percy Rivington Pyne 2nd
Pyne in 1918
Born(1882-06-23)June 23, 1882
New York City, New York, U.S.
DiedAugust 15, 1950(1950-08-15) (aged 68)
Sepulveda, California, U.S.
EducationSt. Paul's School
Alma materPrinceton University
Parent(s)Moses Taylor Pyne
Anna Margaretta Stockton

Early life

He was born on June 23, 1882 in New York City, the son of Moses Taylor Pyne (1855–1921) and Anna Margaretta Stockton. His father inherited much of the Moses Taylor family fortune and was a major benefactor of Princeton University. His mother was a direct descendant of Richard Stockton, signer of the Declaration of Independence.[2]

Pyne prepared for college at St. Paul's School in Concord, New Hampshire. He received a B.A. degree from Princeton in 1903. While a freshman, Pyne won the Intercollegiate Golf Association individual championship in 1899.[2]

Career

In 1904, he began his financial career in connection with the Farmers' Loan & Trust Co., and in 1907 became associated with the management of the Moses Taylor Estate.[2]

On February 8, 1909, Pyne organized the banking firm of Pyne, Kendall & Hollister, with offices in the new National City Bank Building at 55 Wall Street. He was a member of the board of directors of the Commercial Trust Co. of New Jersey, the East River Gas Co., the New Amsterdam Gas Co., the Syracuse & Binghamton Railroad, Cayuga & Susquehanna Railroad, the Delaware, Lackawanna & Western Coal Co., etc. He was president and director of the Prospect Company of New Jersey and was trustee and chairman of the East Side Branch of the Young Men's Christian Association.[3]

Personal life

Pyne was a friend and benefactor to hockey legend Hobart A. H. Baker.[4] Baker resided at Pyne's home at 263 Madison Avenue.[5] Pyne sent Baker gifts and clothing while he was fighting in France.[6] After Baker's death in a plane crash, Pyne became chairman of the Fund Committee that erected Hobey Baker Memorial Rink at Princeton in honor of his friend.[7]

Pyne married Tillie Josephine Medley on August 12, 1950. [8] He died at his Sepulveda, California home on August 15, 1950 at the age of 68 after a long and debilitating illness.[2][9]

Society life

In New York City, he belonged to the following clubs: Union Club of the City of New York, Knickerbocker Club, University Club of New York, Racquet and Tennis Club, Metropolitan Club, New York Yacht Club, The Union League Club, Down Town Association, Aero, Automobile, Princeton Club of New York, Underwriters, Touring Club of America, Manhattan, Intercollegiate, Whitehall and Motor Car Touring Society. Other clubs and societies to which he belonged : Meadow Brook Golf Club, Short Beach, Rockaway Hunting Club, Morris County Golf Club, Baltusrol Golf Club, Garden City Golf Club, National Golf, Tuxedo Club, South Side Sportmen's Club, Westbrook Golf, Archdale Quail, Islip, Touring Club of France, Automobile Association of London, and St. Nicholas Society.[3]

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References
  1. He should have been named "Percy Rivington Pyne III" since he is third in the chronology to have this name. He is not in the direct patrilineal line from Percy Rivington Pyne I, his grandfather. However, he used the name "Percy Rivington Pyne 2nd". Although he married, he did not have children and there was no "Percy Rivington Pyne 3rd".
  2. "Percy R. Pyne 2d, Banker, Clubman. Retired Wall Street Broker, Sportsman, Trustee of Estates and Charities, Dies on Coast". New York Times. August 17, 1950.
  3. Reynolds, Cuyler (1914). Genealogical and family history of southern New York and the Hudson River Valley : a record of the achievements of her people in the making of a commonwealth and the building of a nation. New York : Lewis Historical Pub. Co. p. 77. Retrieved June 14, 2016.
  4. Fimrite, Ron (August 20, 1914). "A Flame That Burned Too Brightly: Hobey Baker found little to live for after starring at Princeton". Sports Illustrated. Retrieved June 14, 2016.
  5. Salvini, Emil R. (April 1, 2005). Hobey Baker: American Legend. The Hobey Baker Foundation. pp. 64–65. ISBN 0976345307. Retrieved June 14, 2016.
  6. Maynard, W. Barksdale. "From Princeton's vault". Princeton Alumni Weekly. Retrieved June 14, 2016.
  7. "Water Shortage Halts Opening Of Baker Rink". The Harvard Crimson. December 2, 1922. Retrieved June 14, 2016.
  8. California Marriage License 12129, retrieved September 5, 2019
  9. "Obituary". Princeton Alumni Weekly. Vol. 51. October 20, 1950. pp. 31–2. Retrieved June 14, 2016.
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