Charles Steele

Charles Steele (May 5, 1857 – August 5, 1939) was an American lawyer and philanthropist who was a member of J.P. Morgan & Co. for 39 years.

Early life He was a son of Isaac Nevett Steele (1809–1891) and Rosa Londonia (née Nelson) Steele (1825–1894). Among his siblings was the Rev. James Nevett Steele of Trinity Church (his wife as a daughter of Herman D. Aldrich), Mary Steele, John Nelson Steele, Rosa Nelson Steele, Kate Steele, Henry Maynadier Steele. and Mary Nevett Steele, who married John Campbell Henry (the eldest son and heir of Gov. John Henry). His maternal grandfather was U.S. Representative, U.S. Ambassador to Italy and U.S. Attorney General John Nelson and his great-grandfather was Revolutionary War Brig. Gen. and U.S. Rep. Roger Nelson. In the 1890s, Morgan partner Charles H. Coster retained Steele to assist with reorganizing certain railroad interest, served on the corporate boards of the International Mercantile Marine Co., the U.S. Steel Corporation, the Southern Railroad Company, the International Harvester Company, Cerro de Pasco, and the Atchison, Topeka & Santa Fe Railroad.

Personal life

In 1885, Steele was married to Richmond-born Ann "Nannie" Gordon French (1866–1932). She was the daughter of Ellen Mercer (née Herndon) French, a descendant of Revolutionary War general Hugh Mercer, and Seth Barton French, a former Confederate soldier who became a cotton broker after the War and later an associate at J.P. Morgan. She was an older half-sister of Dr. John Herndon French, who also lived in New York, from her father's second marriage to Mary Walker Fearn (a daughter of U.S. Minister to Greece Walker Fearn). The Steele's maintained residences in New York City (a Beaux-Arts mansion at 11 East 62nd Street), in Old Westbury, and a large cottage in Southampton, New York. (The Steele's bought their Southampton property from the estate of William Yates Mortimer (father of Richard Mortimer) in October 1898 for $9,000 (equivalent to $ today) and commissioned a "two-and-a-half story English Tudor-style building".) The home was razed in 1984 Together, Charles and Nannie were the parents of three daughters:

Eleanor Herndon Steele (1893–1977), who married Count Jean de la Greze of Paris in 1910. They divorced in 1920, and she married Dr. Louis Debonnesset in 1920. They also divorced and she married H. Hall Clovis in 1930. They too divorced and she remarried for the fourth and final time to Emmet P. Reese (d. 1982) in 1941. Nancy Gordon Steele (1894–1955), who married Devereux Milburn (1881–1942) in 1913. Kathryne Nevitt Steele (1896–1981), who married Francis Skiddy von Stade Sr. (1884–1967) in 1915. Kathryne Steele was a grandmother of the opera singer Frederica von Stade.

A devoted director of the Metropolitan Opera Association for the Metropolitan Opera House, he was also a member of the Racquet and Tennis Club, the Metropolitan Club, the Piping Rock Club, the Meadow Brook Club, the National Golf Links of America and the Shinnecock Hills Golf Club. After a funeral at St. Thomas' Church at Fifth Avenue and 53rd Street, where 100 seats were reserved for employees of J.P. Morgan (including Junius S. Morgan and Thomas W. Lamont), he was buried at the Locust Valley Cemetery on Long Island. After his death, his estate was valued at $29,498,373 (equivalent to $ today), including a $23,122,904 interest in J.P. Morgan. Each of his daughters received $1,500,000 (equivalent to $ today) and an interest in the remainder of the estate. A lover of music and former pupil of Dr. T. Tertius Noble, he gave $100,000 (equivalent to $ today) in 1922 to St. Thomas' Church for the purchase of buildings for a permanent choir school, today known as the Saint Thomas Choir School, which was founded in 1919. He gave an additional $300,000 (equivalent to $ today) to endow the school in 1925, and another $100,000 to the Church upon his death.