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Encyclopedia of Connecticut biography, genealogical-memorial ...

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L<br />

courage and fortitude ascended the lad-<br />

der on whose bottom rung he had set his<br />

foot in the days <strong>of</strong> his youth. In con-<br />

nection with a commendable ambition to<br />

succeed in life he was fired with an earnest<br />

desire to be <strong>of</strong> the best service possible<br />

in him to his fellow men, and especially<br />

to those organizations with which he was<br />

associated first as an employee and later<br />

as a holder <strong>of</strong> superior positions. It was<br />

this quality <strong>of</strong> intelligent and unselfish<br />

devotion to the cause at hand that con-<br />

tributed in no little degree to the splendid<br />

record he had made in the field <strong>of</strong> finance<br />

and in military affairs and in religious cir-<br />

cles. He was noted also for his almost<br />

ceaseless activity throughout his long life<br />

<strong>of</strong> seventy-two years, and by many <strong>of</strong> his<br />

former associates in his different enter-<br />

prises he is remembered alike for his remarkable<br />

capacity for work, his celerity<br />

<strong>of</strong> movement and clarity <strong>of</strong> judgment as<br />

well as for his other personal character-<br />

istics.<br />

Son <strong>of</strong> Dr. William Lansdell and Jeanette<br />

(Nichols) Watson, his father having<br />

been a graduate <strong>of</strong> the University <strong>of</strong> Bal-<br />

timore, Maryland, and his mother a descendant<br />

<strong>of</strong> the well-known Nichols family<br />

<strong>of</strong> Greenfield Hill, Thomas L. Watson<br />

received his preliminary education in the<br />

public schools <strong>of</strong> Bridgeport, and then<br />

entered the Military Institute at Milford,<br />

<strong>Connecticut</strong>. With a view to making life<br />

in the army his pr<strong>of</strong>ession, it was supposed<br />

that he would fill a cadet's uniform<br />

at West Point, but owing to a serious<br />

accident he was obliged, much against<br />

his will, to forego a federal soldier's career<br />

and instead entered the business world,<br />

where he was destined to make a brilliant<br />

record. His first employment in the<br />

sphere <strong>of</strong> business was in the position <strong>of</strong><br />

clerk at the Farmers' Bank <strong>of</strong> Bridgeport.<br />

From that institution he advanced to a<br />

ENCYCLOPEDIA OF BIOGRAPHY<br />

119<br />

more lucrative and responsible position<br />

at the City National Bank <strong>of</strong> Bridgeport.<br />

He had now accumulated a valuable store<br />

<strong>of</strong> knowledge <strong>of</strong> banks and banking, and<br />

after a period <strong>of</strong> service at the City Na-<br />

tional he resigned his position to become a<br />

partner in the private banking and brokerage<br />

business with Daniel Hatch. November<br />

I, 1866, the firm <strong>of</strong> Hatch & Watson<br />

began to do business in Bridgeport. Following<br />

the death <strong>of</strong> Mr. Hatch, the busi-<br />

ness was carried on by Mr. Watson, the<br />

name being changed to T. L. Watson &<br />

Company. General Watson had begun<br />

to look further afield in his desire to<br />

enlarge his business, and in 1879 he ex-<br />

tended his interests to New York City,<br />

at 55 Broadway, where he became head<br />

<strong>of</strong> the brokerage firm <strong>of</strong> Watson & Gib-<br />

son. This house continued in successful<br />

operation over a period <strong>of</strong> years, and<br />

through his association with important<br />

business men and large affairs in New<br />

York City and Bridgeport, General Watson<br />

came to hold many positions <strong>of</strong> high<br />

responsibility and trust in both cities.<br />

He served the City National Bank as<br />

one <strong>of</strong> its directors ; he was an auditor <strong>of</strong><br />

the City Savings Bank, treasurer <strong>of</strong> the<br />

Board <strong>of</strong> Trade, and treasurer <strong>of</strong> the St.<br />

John's Protestant Episcopal Church building<br />

fund, and for many years was a mem-<br />

ber <strong>of</strong> the vestry. All the foregoing <strong>of</strong>-<br />

fices were held in the city <strong>of</strong> Bridgeport.<br />

He was also a director <strong>of</strong> the American<br />

Loan and Trust Company <strong>of</strong> New York,<br />

a director for several years <strong>of</strong> the New<br />

York Consolidated Stock and Petroleum<br />

Exchange and <strong>of</strong> its predecessors, and has<br />

served as chairman <strong>of</strong> its finance committee<br />

and as a vice-president. He afterward<br />

purchased a seat on the New York Stock<br />

Exchange, and being elected to member-<br />

ship, he became one <strong>of</strong> the most active<br />

and esteemed operators <strong>of</strong> that organiza-

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