John Gerard Coster

John Gerard Coster (August 1762 – August 8, 1844) was a Dutch-American merchant who served as president of the Bank of the Manhattan Company.

Early life

Coster was born in August 1762 in Haarlem, Holland. He was a son of John Henry Coster (d. 1776) and Anna Catherine (née Vienecke).[1]

He was educated to be a physician and served in the Dutch Navy.[2]

Career

Coster came to the United States from Haarlem in the Netherlands shortly after the Revolutionary War and founded the family fortune with his brother through the mercantile firm, "Henry A. & John G. Coster".[2] They became owners of numerous vessels and traded with the East and West Indies, and exported American commodities to Europe.[2]

In 1813, he was made a director of Bank of the Manhattan Company, which had been founded by Aaron Burr in 1799.[2] In 1825, Coster was made president of the Manhattan Company, succeeding Henry Remsen upon his death. Coster was also a director of the Phoenix Insurance Company for many years.[3]

Personal life

Coster was married to Catherine Margaret Holsman (c. 1778–1847).[1] Together, they lived in a house which he built on Broadway, north of Canal Street, which was considered "one of the finest residences in New York."[2] They were the parents of twelve children, many of whom married into many prominent families including the Schermerhorns and Heckshers.,[2] including:[4]

  • John Henry Coster, who married Adeline Boardman.[1]
  • Maria Margaret Coster (1798–1835), who married Edwin Upshur Berryman.[1]
  • Gerard Holsman Coster (b. 1808), who married Matilda Prime, a daughter of banker Nathaniel Prime.[1]
  • Henrietta Taletta Coster[1]
  • Daniel Joachim Coster, who married Julia DeLancey (1806–1890), a daughter of Oliver Delancey.[5]
  • Georgiana Louisa Coster (1815–1890), who married Charles August Heckscher.[2]
  • Julia Christiana Coster, who married F. Reubell.[1]
  • George Washington Coster, who married Elizabeth Oakey, a daughter of merchant Daniel Oakey.[6]
  • Henry Arnold Coster (b. 1820)[1]
  • Charles Robert Coster[1]
  • Alfred Jacob Coster[1]
  • Rutgers Eugene Coster[1]

Coster died on August 8, 1844.[2]

Descendants

Through his son Daniel, he was a grandfather of Harry Coster, an American clubman who was prominent in New York Society during the Gilded Age.[7]

References
  1. Townsend, Annette (1932). The Auchmuty family of Scotland and America. New York: The Grafton Press. pp. 257–260. Retrieved 6 January 2019.
  2. Greene, Richard Henry; Stiles, Henry Reed; Dwight, Melatiah Everett; Morrison, George Austin; Mott, Hopper Striker; Totten, John Reynolds; Pitman, Harold Minot; Forest, Louis Effingham De; Ditmas, Charles Andrew; Mann, Conklin; Maynard, Arthur S. (1919). The New York Genealogical and Biographical Record. New York Genealogical and Biographical Society. p. 305. Retrieved 6 January 2019.
  3. Lamb, Martha Joanna (1883). Wall Street in History. New York: Funk and Wagnalls. p. 83. ISBN 978-1-59605-087-7. Retrieved 27 August 2020.
  4. Weeks, Lyman Horace (1897). Prominent Families of New York; being an account in biographical form of individuals and families distinguished as representatives of the social, professional and civic life of New York city. New York: The Historical company. Retrieved 6 January 2019.
  5. "DIED" (PDF). The New York Times. October 3, 1890. Retrieved 6 January 2019.
  6. "THE COSTER FAMILY SET OF SEVEN CLASSICAL CARVED MAHOGANY CURULE-BASE DINING CHAIRS , ATTRIBUTED TO DUNCAN PHYFE (1768-1854), NEW YORK, 1810-1820". www.christies.com. Christie's. Retrieved 6 January 2019.
  7. McAllister, Ward (16 February 1892). "THE ONLY FOUR HUNDRED | WARD M'ALLISTER GIVES OUT THE OFFICIAL LIST. HERE ARE THE NAMES, DON'T YOU KNOW, ON THE AUTHORITY OF THEIR GREAT LEADER, YOU UNDER- STAND, AND THEREFORE GENUINE, YOU SEE" (PDF). The New York Times. Retrieved 26 March 2017.
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