Percival Farquhar
American investor and financier (1865–1953)
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Key Takeaways
- Percival Farquhar (1865–1953) was an American investor and financier with extensive interests in Latin America and pre-Soviet Russia, including railways, mines, hotels, and restaurants.
- His father was Arthur B.
- Farquhar Company (1889–1951).
- (née Jessop) Farquhar (1837–1918).
- Percival attended the York Collegiate Institute, spent two years working in his father's office, and then attended the Sheffield Scientific School of Yale University, where he studied science and engineering.
Percival Farquhar (1865–1953) was an American investor and financier with extensive interests in Latin America and pre-Soviet Russia, including railways, mines, hotels, and restaurants.
Early life
Farquhar was born to a wealthy Maryland-Pennsylvania Episcopalian family, with Quaker roots, at York, Pennsylvania in 1865. His father was Arthur B. Farquhar (1838–1925), founder of a large agricultural equipment works at York, which was called the Pennsylvania Agricultural Works (1856–1889) and later the A.B. Farquhar Company (1889–1951). His mother was Elizabeth N. (née Jessop) Farquhar (1837–1918). His grandfather was William Henry Farquhar.
Percival attended the York Collegiate Institute, spent two years working in his father's office, and then attended the Sheffield Scientific School of Yale University, where he studied science and engineering.
Career as a lawyer, legislator, investor, and financier
After Yale he studied law, entered politics, and was elected to the New York State Legislature. He was a member of the New York State Assembly in the 114th (1891), 115th (1892) (both New York Co., 3rd D.), and 116th (1893) (New York Co., 11th D.) sessions.
His father wrote, "In the meantime he had become associated with me as a partner in my business in New York, from which he drifted into financial operations of larger scope, his activities in this direction leading him to Cuba, South America, and Europe." His father's agricultural equipment business had long had a sizeable export component, selling to distributors who resold in Latin America, South Africa, Australia, Russia, and other places.
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