Thomas Cochran
Thomas Cochran (banker) | ||||||||||||
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Born | Thomas Cochran March 20, 1871 Saint Paul, Minnesota | |||||||||||
Died | October 29, 1936 (Age 65) Bedford, New York | |||||||||||
Nationality | American | |||||||||||
Alma mater | Phillips Academy, Yale University | |||||||||||
Parents | Thomas Cochran Emilie Belden (Walsh) Cochran | |||||||||||
Spouse | Martha Cochran | |||||||||||
Member of | Skull and Bones | |||||||||||
Interests | Henry Davison | |||||||||||
American bonesman banker closely associated with the leading J.P. Morgan & Co bankers such as Dwight P. Morrow and Henry P. Davidson in the firms big financial operations during and after World War 1.
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Thomas Cochran III was an American bonesman and banker. He was closely associated with the leading J.P. Morgan & Co bankers such as Dwight P. Morrow and Henry P. Davidson in the firms big financial operations during and after World War 1. He was one of the chief representatives of the Morgan interests in banking and in the copper industry.[1]
Background
Born in Saint Paul, Minnesota, on March 20, 1871, Cochran was the son of a lawyer and real-estate broker in New York and Saint Paul. He was educated at Phillips Academy Andover and at Yale University, where he was an editor of campus humor magazine The Yale Record and a member of the Skull and Bones society.[2]
His father lost his fortune during the depression of the 1890s.[1]
Career
Coming to New York virtually penniless in 1900, Cochran first worked in real estate.[1]
He met Henry P. Davidson, who chose Cochran to aid him, and Cochran became vice-president of the Astor Trust Company from 1907 to 1914. He was president of the Liberty National Bank of New York from 1914 to 1916. [1]
Following Davidson, he became a partner in J.P. Morgan & Co. in 1917[1].
In the late 1920s and early 1930s, Cochran funded the creation of several buildings on the Phillips Academy campus, notably the Addison Gallery of American Art.
He was chairman and director of the Bankers Trust Company and several copper companies.[1]
Cochran died of a heart attack, October 29, 1936, at his home in Bedford, New York.[1]