William Fletcher Weld

William Fletcher Weld
William Fletcher Weld
Born	William Fletcher Weld; April 15, 1800; Roxbury, Boston, Massachusetts
Died	December 12, 1881 (aged 81); Philadelphia, Pennsylvania
Resting place	Forest Hill Cemetery
Nationality	American
Spouse(s)	Mary Perez Bryant; Isabella Melissa Walker
Children	with Bryant:; William Gordon Weld (1827-1896), Mary Minot (1829-1853), Sarah (1831-1831), Sarah Minot (1832-after 1895), Frances Bryant (1834-1857), Anna Minot (1835-1924); with Walker:; George Walker Weld (1840-1905)
Parent(s)	William Gordon Weld; Hannah Minot
Relatives	George Richards Minot Weld (1803-1853), brother, Stephen Minot Weld (1806-1867), brother, Thomas Swan Weld (1810-1848), brother, Christopher Minot Weld (1812-1878), brother, Francis Minot Weld (1815-1886), brother, John Gardner Weld (1818-1876), brother
Family	The Welds

William Fletcher Weld (April 15, 1800 – December 12, 1881) was an American shipping magnate during the Golden Age of Sail and a member of the prominent Weld family. He later invested in railroads and real estate. Weld multiplied his family's fortune into a huge legacy for his descendants and the public.

Life

Weld was the eldest of seven sons and two daughters[1] of William Gordon Weld, a prosperous ship master and ship owner, and his wife Hannah Minot. The Weld family dates back to William Weld, High Sheriff of London in 1352.[2]

Weld planned to attend Harvard as his father had before him; however, during the War of 1812, a British frigate cruising off Boston Harbor captured one of the family's ships carrying a valuable cargo of wine and Spanish silver dollars. This financial disaster ended Weld's plans for Harvard. Instead, Weld became a clerk for an importer in Boston at age 15. By 22 he was in the dry-goods trade, but his partner's lack of business sense put the company in debt.[3]

Weld eventually entered the shipping trade that had enriched his father. By 1833, Weld had made enough money to build Senator at Charlestown, the largest ship of that day.[2]

Weld eventually became one of the most successful merchant ship owners in the United States. He operated 51 sailing vessels and 10 steamers. His fleet sailed under the name and symbol of the "Black Horse Flag".

As profits from the American shipping industry began to wane, he sold his fleet and turned to urban real estate and railroads, in particular the Boston and Albany and Boston and Maine lines.

In July 1865, Weld offered to pay for his daughter Anna to take a trip to Europe to restore her health along with her half-brother George Walker Weld. He invited Louisa May Alcott to serve as her paid nurse and travel companion for the trip. Alcott took the offer but she never became close with the Welds.[4]

Weld died in 1881 and was buried in Forest Hills Cemetery.[5]

He was Unitarian in his religious belief and Republican in his politics.

Legacy

Weld married twice. He married Mary Perez Bryant (1804-1836) in 1825. He fathering six children by his first wife.[6] Weld also had one son by his second wife, Isabella Walker (1813-1908), whom he married in 1839. In 1906, his youngest son, George Walker Weld donated the Weld Boathouse to Harvard University.

William Fletcher Weld left an estate estimated at $20 million. His granddaughter Isabel Weld Perkins inherited $17 million of this at age 5. She later married diplomat Larz Anderson and left a legacy for the public that includes Larz Anderson Park and Larz Anderson Auto Museum in Brookline, Anderson Memorial Bridge in Cambridge, the Larz Anderson Bonsai Collection at Arnold Arboretum and Anderson House Museum in Washington, DC.

Weld Hall

Weld Hall, Harvard Yard

In 1870, Weld donated money to Harvard for a dormitory to be built in memory of his younger brother, Stephen Minot Weld. This building was called "Weld Hall". Tours of Harvard Yard often pause near Weld Hall to note that John F. Kennedy lived there during his freshman year.

gollark: Load average is really high and systemd commands time out somehow, but CPU usage is fine.

gollark: So stuff is running very slowly.

gollark: There appear to be bee incursions in many systems.

gollark: Load average is *really* high.

gollark: OH BEE 500ms IOWAIT

References

Anderson, Isabel. (1926). Under the black horse flag : annals of the Weld Family and some of its branches. Mifflin. p. 30. OCLC 246118252.
State Street Trust Company (1919). Other merchants and sea captains of old Boston; being more information about the merchants and sea captains of old Boston who played such an important part in building up the commerce of New England, together with some quaint and curious stories of the sea. Boston, Mass.: Printed for the State street trust Co. p. 60.
"The Welds of Harvard Yard". harvardmagazine.com. Retrieved 2017-07-13.
Matteson, John. Eden's Outcasts: The Story of Louisa May Alcott and her Father. New York: W. W. Norton & Company, Inc., 2007: 312–313. ISBN 978-0-393-33359-6.
LSL (2016-12-17). "William Fletcher Weld". Kinsmen and Kinswomen. Retrieved 2020-03-22.
Benton, Nicholas, 1926- (2004). The seven Weld brothers : six generations of descendants of William Fletcher Weld, George Richards Minot Weld, Stephen Minot Weld, Thomas Swan Weld, Christopher Minot Weld, Francis Minot Weld, John Gardner Weld : 1800 to 2000 : a contemporary genealogy. iUniverse. OCLC 1036942605.CS1 maint: multiple names: authors list (link)

External links

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[:1-1] Anderson, Isabel. (1926). Under the black horse flag : annals of the Weld Family and some of its branches. Mifflin. p. 30. OCLC 246118252.

[:0-2] State Street Trust Company (1919). Other merchants and sea captains of old Boston; being more information about the merchants and sea captains of old Boston who played such an important part in building up the commerce of New England, together with some quaint and curious stories of the sea. Boston, Mass.: Printed for the State street trust Co. p. 60.

[3] "The Welds of Harvard Yard". harvardmagazine.com. Retrieved 2017-07-13.

[4] Matteson, John. Eden's Outcasts: The Story of Louisa May Alcott and her Father. New York: W. W. Norton & Company, Inc., 2007: 312–313. ISBN 978-0-393-33359-6.

[5] LSL (2016-12-17). "William Fletcher Weld". Kinsmen and Kinswomen. Retrieved 2020-03-22.

[6] Benton, Nicholas, 1926- (2004). The seven Weld brothers : six generations of descendants of William Fletcher Weld, George Richards Minot Weld, Stephen Minot Weld, Thomas Swan Weld, Christopher Minot Weld, Francis Minot Weld, John Gardner Weld : 1800 to 2000 : a contemporary genealogy. iUniverse. OCLC 1036942605.CS1 maint: multiple names: authors list (link)