Derick FAHNESTOCK
1821 1821 REFN: 7505 The firm of Chauncey, Brooks, and Co., became Fahnestock, Thrasher,and Co. In 1870, Derick founded the firm of D. Fahnestock and Co, a banking and brokerage house. In 1877, his two sons became partners, and they continued the business after his death. Derick was a Director and Vice Presidentof the Western National Bank, and Director and Member of the Executive Committee of the Savings Bank of Baltimore. From 1888 until his death in 1903, hewas President of the Baltimore Stock Exchange. At that time, he was the oldest stock broker engaged in business in Baltimore. He was a dependable man,with an even disposition and poise. He was a strong Union man during the Civil War.
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He married Lucinda Fahnestock 12 Nov 1850 at Baltimore City, Baltimore, Maryland . Lucinda Fahnestock was born at Philadelphia, Philadelphia, Pennsylvania 31 Dec 1823 daughter of Daniel Enders Fahnestock and Mary Fahnestock .
They were the parents of 2
children:
Albert Fahnestock
born 20 Nov 1851.
Harry Fahnestock
born 18 Jun 1853.
Derick Fahnestock died 10 May 1903 at Baltimore City, Baltimore, Maryland .
Lucinda Fahnestock died 17 Jul 1900 at Baltimore, Maryland .