08.08.2013 Views

Encyclopedia of Connecticut biography, genealogical-memorial ...

Encyclopedia of Connecticut biography, genealogical-memorial ...

Encyclopedia of Connecticut biography, genealogical-memorial ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

End, where he owned large realty holdings.<br />

His long acquaintance with mining<br />

properties had raised him to the place <strong>of</strong><br />

expert on the determination <strong>of</strong> the value<br />

<strong>of</strong> such properties ; and his advice on these<br />

matters was eagerly sought by owners<br />

and prospective investors. He was a man<br />

<strong>of</strong> quiet manner, clear insight, vigorous<br />

action, and keen judgment. He was de-<br />

voted to his family and found his greatest<br />

pleasure in their society. He was an<br />

ardent lover <strong>of</strong> flowers and took great de-<br />

light in his extensive grounds and green-<br />

houses. He enjoyed an acquaintance that<br />

extended the country over, and his passing<br />

was deeply mourned by all who knew<br />

him. He married, in 1871, Rebecca Eliza-<br />

beth (Webb) Walters, daughter <strong>of</strong> Frederick<br />

Cleveland and Cynthia Davidson<br />

Webb. Their children: Edgar Webb, <strong>of</strong><br />

whom further; Frederick Cleveland, a<br />

sketch <strong>of</strong> whom follows; William Ros-<br />

coe ; and Margaret Harriett, who married<br />

William H. Parks, <strong>of</strong> Springfield, Massachusetts.<br />

(IV) Edgar Webb Bassick, one <strong>of</strong> the<br />

leading manufacturers <strong>of</strong> <strong>Connecticut</strong> and<br />

a financier widely known in that State,<br />

whose vested holdings are centered in<br />

some <strong>of</strong> the most important industries <strong>of</strong><br />

the country, was born in Elston, Kansas,<br />

April 22, 1872, and removed with his par-<br />

ents, Mr. and Mrs. Edmund Chase Bas-<br />

sick, to Denver in 1879, and later to Bel-<br />

fast, Maine. In 1880 he came with his<br />

parents who settled in Bridgeport, where<br />

he was educated at the hands <strong>of</strong> private<br />

tutors and in the old Jones School and in<br />

the public schools <strong>of</strong> Bridgeport, conclud-<br />

ing his studies with a course at the Peekskill<br />

Military Academy, Peekskill, New<br />

York. His first employment was as <strong>of</strong>fice<br />

boy and billing clerk with the American<br />

Tube and Stamping Company, where he<br />

remained two years. He then removed to<br />

ENCYCLOPEDIA OF BIOGRAPHY<br />

Kansas City, Missouri, where he engaged<br />

in the wholesale and retail notion busi-<br />

ness. After a year spent in Kansas City,<br />

at the request <strong>of</strong> Mr. Burns, <strong>of</strong> the old<br />

Burns & Silver Company, <strong>of</strong> Bridgeport,<br />

who asked him to return to that city to<br />

enter his employ and to grow up with his<br />

increasing business, although the <strong>of</strong>fer<br />

was not very alluring, he accepted it, beginning<br />

at the very bottom rung <strong>of</strong> the<br />

ladder. He worked his way upward un-<br />

til, in 1897, he was made secretary <strong>of</strong> the<br />

company. In 1898 his father died in Denver,<br />

and the son went West and took over<br />

his father's aflfairs and adjusted them<br />

satisfactorily ; and in doing so he demon-<br />

strated his capacity for doing things on a<br />

large scale. In 1900 he returned to<br />

Bridgeport and joined the Burns & Silver<br />

Company, purchasing a stock interest;<br />

and a few years before Mr. Burns' death,<br />

in 191 1, he acquired a one-half interest in<br />

the M. B. Schenck Company, castor manufacturers,<br />

<strong>of</strong> Meriden, <strong>Connecticut</strong>. Upon<br />

Mr. Burns' death, Mr. Bassick became<br />

president <strong>of</strong> that company. When the<br />

World War burst upon the nations Mr.<br />

Bassick went to New York city, opened<br />

<strong>of</strong>fices and engaged in the sale <strong>of</strong> explos-<br />

ives to the French government and <strong>of</strong><br />

large quantities <strong>of</strong> time fuses for the<br />

Canadian government. He next purchased<br />

the Universal Castor and Foundry<br />

Company <strong>of</strong> Newark, New Jersey, and<br />

shortly afterward organized the Bassick<br />

Company, which took over the Burns &<br />

Bassick Company, the M. B. Schenck<br />

Company and the Universal Castor and<br />

Foundry Company, capitalized at one and<br />

one-half million dollars, preferred, and<br />

three million dollars, common stock. Not<br />

long after the United States entered the<br />

World War, the great Bassick plants were<br />

mobilized on war work, manufacturing<br />

hand grenades and harness hardware. Mr.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!