Herbert Parsons Patterson

Herbert Parsons Patterson (September 3, 1925 – January 29, 1985), was an American banker who served as president of the Chase Manhattan Bank.

Early life Patterson was born on September 3, 1925, at Sloan Maternity Hospital in New York City. He was the second son of Morehead Patterson and Elsie ( Parsons) Patterson (1901–1966). His elder brother was Rufus Lenoir Patterson III, a Lieutenant with the USAAF who was killed in action during World War II. His parents divorced in 1929 and his mother married John Drummond Kennedy in 1934. His father was an inventor who served as president and chairman of American Machine and Foundry.

His paternal grandparents were Rufus L. Patterson Jr., founder of AMF, and Margaret Warren ( Morehead) Patterson, a descendant of North Carolina Governor John Motley Morehead of Blandwood. His maternal grandparents were U.S. Representative Herbert Parsons and Elsie Clews Parsons (a daughter of British-American financier Henry Clews and Lucy Madison Worthington, a grandniece of President James Madison). Patterson was a trustee of the National Council on Crime and Delinquency, a member of the Council on Foreign Relations and the Mayor's Fiscal Advisory Committee.

After Chase, he served as a financial consultant to Marshalsea Associates and then as president of the Stonover Company, a financial consulting firm he founded in 1977. Louise, the widow of David Malcolm McVeigh, was a daughter of Francis Oakey of New York and The Studio in Southampton, New York. Her only attended was her sister, Joan Oakey Benjamin (wife of Samuel Nicoll Benjamin), and his best man was his cousin, Casimir de Rham Jr.

After the death of his first wife, he married Stanford graduate Patricia ( Shepard) Norris (1925–2016) in 1970 at the Dana Chapel of the Madison Avenue Presbyterian Church followed by a reception at the Colony Club. Patricia, the former wife of Bruce A. Norris (owner of the Detroit Red Wings), was a daughter of Chester Ames Shephard of New York and Pebble Beach, where he was a real‐estate investor. He was a member of the Racquet and Tennis Club and the Lenox Club. where he was a trustee of the Lenox Library. After his death, Stonover, his family's estate in Lenox, (Stonover was designed by Charles T.) Rathbun in 1890 for his great-grandfather, John Edward Parsons, father of Herbert Parsons.