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Encyclopedia of Connecticut biography, genealogical-memorial ...

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for president had he not been bound by<br />

a promise previously made to Major William<br />

McKinley. In 1877 Mr. Spencer<br />

was chosen president <strong>of</strong> the First Na-<br />

tional Bank <strong>of</strong> Suffield, and continued in<br />

that position until his death. He was<br />

made a director <strong>of</strong> the Travelers' Insurance<br />

Company <strong>of</strong> Hartford in 1893, was<br />

active in the affairs <strong>of</strong> the company, and<br />

a member <strong>of</strong> its finance committee. He<br />

married (first) Julia Pease, daughter <strong>of</strong><br />

Perry Pease, <strong>of</strong> Dayton, Ohio. She died<br />

in 1875, leaving three children: Charles<br />

L. ; Clara, now the wife <strong>of</strong> Charles C.<br />

Bissell, <strong>of</strong> Suffield ; and<br />

ENCYCLOPEDIA OF BIOGRAPHY<br />

Emma Pease,<br />

deceased. Mr. Spencer married (second)<br />

Emily, daughter <strong>of</strong> William H. Fuller.<br />

Israel L. Spencer was a man <strong>of</strong> upright<br />

nature and shrewd business capacity, in-<br />

tensely public-spirited, and interested in<br />

the progress <strong>of</strong> his town, his State<br />

and his country. His cordial and kindhearted<br />

manner won for him a great many<br />

friends in the State and beyond its bor-<br />

ders, who felt his death as a personal loss.<br />

Charles Luther Spencer, only son <strong>of</strong><br />

Israel Luther and Julia (Pease) Spencer,<br />

was born January 8, i860, in Suffield,<br />

and by his own success in the business<br />

world has reflected credit on an honored<br />

name and gained high standing in his<br />

native State. His boyhood was passed in<br />

his native town, in whose public schools<br />

the foundation <strong>of</strong> his education was laid.<br />

Subsequently he was a student at the<br />

<strong>Connecticut</strong> Literary Institute, and began<br />

his business career in 1878 as a packer<br />

and dealer in leaf tobacco. In this line<br />

<strong>of</strong> endeavor he continued with unvarying<br />

success until 1900, when he became pres-<br />

ident <strong>of</strong> the First National Bank <strong>of</strong> Suf-<br />

field. This position he continued to hold<br />

until 1912, since which time he has been<br />

president <strong>of</strong> the <strong>Connecticut</strong> River Banking<br />

Company <strong>of</strong> Hartford. Since 1898 he<br />

has been a director and member <strong>of</strong> the<br />

189<br />

finance committee <strong>of</strong> the Travelers' In-<br />

surance Company, and has been vicepresident<br />

<strong>of</strong> the Travelers' Bank and<br />

Trust Company since 1913. He has given<br />

much attention to insurance problems;<br />

was a director <strong>of</strong> the /Etna Fire Insurance<br />

Company, and in 1911-13, while a<br />

member <strong>of</strong> the State Legislature, served<br />

on its finance committee and on the com-<br />

mittee on banking; in Senate, 1917, chairman<br />

<strong>of</strong> finance committee. An unusual<br />

tribute to the worth <strong>of</strong> the man was his<br />

nomination for representative in the Leg-<br />

islature by both parties in the town <strong>of</strong><br />

Suffield. Mr. Spencer has always been a<br />

steadfast supporter <strong>of</strong> the Republican<br />

party, though he has never had any aspir-<br />

ation for political preferment. He takes<br />

an active interest in public affairs, and<br />

has always been found ready to support<br />

any measures or movements that will<br />

enhance the general welfare. His dispo-<br />

sition is to be frank, open and generous.<br />

He is forceful and possesses a strong<br />

determination, yet is tactful and diplo-<br />

matic withal. His courtesy is unfailing,<br />

his friends are legion, and his sane judgment<br />

and sterling character have won for<br />

him the fullest measure <strong>of</strong> confidence in<br />

the business world. Mr. Spencer is a<br />

member <strong>of</strong> the Hartford Club, and has<br />

been as active in the Masonic fraternity<br />

as his many business responsibilities<br />

would permit. In 19 13 he presented to<br />

the Masons <strong>of</strong> Suffield a building for their<br />

use. He is a member <strong>of</strong> Apollo Lodge,<br />

No. 59, Ancient Free and Accepted Masons,<br />

<strong>of</strong> that town ; <strong>of</strong> Washington Chap-<br />

ter, No. 30, Royal Arch Masons, <strong>of</strong> Suf-<br />

field ; <strong>of</strong> Suffield Council, Royal and Se-<br />

lect Masters ;<br />

<strong>of</strong> Washington Command-<br />

ery, No. 1, Knights Templar, <strong>of</strong> Hart-<br />

ford, and the Consistory. He is a trus-<br />

tee <strong>of</strong> the Hartford Society for Savings,<br />

<strong>of</strong> the Hartford Retreat, and a director<br />

<strong>of</strong> the Travelers' Indemnity Company, the

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