SCOTSMEN always have had a genius
for finance and insurance. This genius they brought with them to America,
and from Colonial times scarcely any financial institution of importance
has been complete without its large proportion of Scottish element and
Scottish spirit. The vast development of the insurance business in America
shows from the beginning many notable names of Scottish origin, and no one
of these leaders has attained more enviable success or is more worthy of
note than George T. Wilson, who from the very bottom has risen to a high
place in the insurance world.
Mr. Wilson was born in New York
City, September 23, 1859, the son of John Cochran and Eliza Macgregor
Wilson. Both his parents were Scots: his father was born in Edinburgh, his
father’s mother a Cochran; his mother, a Macgregor, was born in Belfast,
of Scottish parents. Mr. Wilson was educated in the New York public
schools and at the College of the City of New
York,
and was graduated in the class of 1875. Princeton
University conferred on him the Honorary Degree of Master of Arts in 1892.
He is a notable example of success
attained through industry and loyalty. He began work as an office boy, at
a salary of three dollars a week, with the Equitable Life Assurance
Society of the United States, in June, 1875, later becoming general
utility man in the company’s office. He did not possess the "pull" that so
many consider essential to success in any large business; but by constant
study and close application to the most minor details of this great
organization, he was soon the indispensible man in every department with
which he was connected. A close
observer, he decided that the best way
for him to obtain advancement was to become a shorthand
writer. Having mastered stenography, his natural ability, a magnetic
personality and hard work brought him rapid promotion. He was secretary to
James W. Alexander, President of the Equitable Society, afterward
executive secretary, second assistant secretary, and fourth, third and
second Vice-President——the last of which offices he holds with notable
ability at the present time. He has been a member of the Board of
Directors of the Society since 1892, and has a remarkable hold on the
agency force, being one of the best handlers of men in the country. The
fortieth anniversary of his service with the Society, June 4, 1915, was
celebrated at a dinner given in his honour at the Union League Club, at
which he was presented by the principal managers and agents of the
Equitable in the United States with a beautiful Sevres vase of the Louis
XV Period. The foreign agents presented him with a set of gold plate. He
is also a director of the American Surety Company, the Union Exchange
National Bank, and the Equitable Trust Company.
With his vast business
responsibilities, Mr. Wilson has found time to interest himself actively
in all that makes for the better life of the community. He is a member of
the Metropolitan Museum of Art, the Museum of Natural History, the New
York Botanical Gardens and the New York Zoological Society, which offer
such liberal opportunities of education and recreation to old and young.
He is also a member of a large number of clubs and societies that reflect
the liberality of his tastes and the variety of his interests, among
others: the St. Andrew’s Society of the State of New York, the Pilgrims
(of which he was a founder and is Vice-President and Chairman of the
Executive Committee), St. George’s Society, New England Society, Japan
Society, Pan-American Society, France-America Society, New York Chamber of
Commerce, Merchants Association of New York, American Chamber of Commerce
in Paris (France), and of the following clubs: Metropolitan, Union League,
Princeton, New York Yacht, Lawyers’ (of which he is a life-member),
Bankers’ (of which he is Vice-President and Chairman of the Executive
Committee), Knollwood Country Club (of which he is President), Sleepy
Hollow Country Club; Nassau and University Cottage Clubs, Princeton, N.
J.; Bath Club, London (England); and American Club, Paris (France). He is
always a welcome and eloquent after-dinner speaker. Several of his
addresses have been published and extensively circulated.
Mr. Wilson married, January 9, 1884,
Miss Charlotte Elizabeth Todd, daughter of James Mandeville and Elizabeth
Blake Todd, of Watertown, N. Y. They have three daughters: Elsie
Charlotte, Alice Demorest (now Mrs. Porter Clyde Shannon), and Janet
Macgregor. Mr. Wilson, with his family, travels extensively and the
international importance of his business has made him well and favorably
known in European capitals. He is a trustee of the Central Presbyterian
Church, New York, and President of the Mens Club of the church; a trustee
of Flower Hospital and a member of the Advisory Board of the Volunteer
Hospital. Mr. Wilson ‘s country residence is Harrison, N. Y.; his city
residence, 1 West 81st Street; his business address, 120 Broadway, New
York City. |