Overview
Frederick Newbold Lawrence (February 28, 1834 – December 24, 1916) was an American financier who served as president of the Union Club of the City of New York and president of the New York Stock Exchange.
Early life
Lawrence was born on February 28, 1834, in Bayside, Queens. He was a son of Edward Newbold Lawrence (1805–1839) and Lydia Ann (née Lawrence) Lawrence (1811–1879). After his father's death, his mother married her cousin Cornelius Van Wyck Lawrence, who served successively as a U.S. Representative, mayor of New York City, and Collector of the Port of New York. From his mother's second marriage, he had several half-siblings, including Van Wyck Lawrence and James Ogden Lawrence.
He was a descendant of mayor of New York City John Lawrence and John Bowne, both Quakers and pioneer English settlers of Queens. His paternal grandparents were Hannah (née Newbold) Lawrence and merchant John Burling Lawrence, and his maternal grandparents were Anna (née Townsend) Lawrence and Effingham Lawrence. His uncle Effingham Lawrence is known for serving for the shortest term in congressional history, serving for just one day in the U.S. House of Representatives.
Career
After a few years of schooling, he entered the brokerage business at an early age. He was the senior partner in the stock exchange firm of Lawrence & Smith, which dissolved about twenty-five years before his death.
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