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SAMUEL WARD (1786 - 1839)

SAMUEL WARD was born May 1, 1786. He went into business in New York City, and became a partner of Mr. Prime, in 1808. The firm of Prime Ward King a& Sands (afterwards Prime, Ward a& King) became very celebrated. In October, 1882, he married Julia Rush, Daughter of Benjamin Cutler of Jamaica Plains, Mass. (sister of the late Re. Dr. Benj. Cutler of St. Ann's Church, Brooklyn, N.Y., and a relative of Gen. Francis Marion, of Revolutionary fame.) His wife died Nov. 11, 1824. In 1828 he everted himself to procure a building for the N. Y. Historical Society. In 1830, he was very active in founding New York University. He became President of the City Temperance Society in 1831, and in 1836 assisted in founding the Stuyvesant Institute. After financial crisis of 1836 - 1837, the Bank of England, wishing to assist the New York City banks in resuming specie payment, confided a loan of nearly five million dollars gold to the firm of Prime, Ward & King, a remarkable sign of confidence. Soon after, Samuel Ward became President of the Bank of Commerce, in New York. He has a fine gallery of paintings in his residence, corner of Bond Street and Broadway, New york. He died Nov. 27, 1839, respected and esteemed by all. SOURCE:  The Ward Family Genealogy by John Ward

"November 27, died Samuel Ward, head of the great banking­house of Prime, Ward, King & Co. Mr. Ward's death, at the early age of fifty­five, was deeply felt in business and social life." //more//
 

Kenyon College Alumni Bulletin Spring/Summer 1998
Philanthropy in disguise

How New York banker Samuel Ward saved Kenyon College

by Teresa J. Oden

Samuel Ward, eponymous partner of the New York firm Prime, Ward, and King, had a gift for land speculation. When he bought farmland on Manhattan Island in 1826, his friends wondered at his plan to build a house out of town, but within a few years Ward's neighborhood was on its way to becoming the most fashionable one in New York. And Ward had land to spare. He made a good profit selling neighboring lots and then built an even finer home down the street. //more//