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Frederick Jesse Reynolds

Frederick Jesse Reynolds[1, 2, 3]

Male 1857 - Yes, date unknown

Personal Information    |    Media    |    Sources    |    All    |    PDF

  • Name Frederick Jesse Reynolds 
    Born 25 Aug 1857  Jackson Co., Michigan Find all individuals with events at this location 
    Gender Male 
    Died Yes, date unknown 
    Person ID I19016  My Reynolds Line
    Last Modified 21 Sep 2017 

    Father Sheldon Clark Reynolds,   b. 19 Nov 1835, Essex County, New York Find all individuals with events at this location,   d. 22 Nov 1912, Toledo, Lucas Co., Ohio Plot: Section 40 Find all individuals with events at this location  (Age 77 years) 
    Mother Martha Simpson,   b. Abt 1835, Watertown, Wisconsin Find all individuals with events at this location,   d. Yes, date unknown, Toledo, Lucas Co., Ohio Find all individuals with events at this location 
    Married 16 Nov 1856 
    Family ID F7043  Group Sheet  |  Family Chart

    Children 
     1. H.S. son of Frederick [OH] Reynolds,   b. 1 Feb 1885, Toledo, Lucas Co., Ohio Find all individuals with events at this location,   d. 21 Oct 1962, Toledo, Lucas Co., Ohio Find all individuals with events at this location  (Age 77 years)
    Last Modified 19 Sep 2017 
    Family ID F7044  Group Sheet  |  Family Chart

  • Photos
    Fred Reynolds Home, Lucas Co., Ohio
    Fred Reynolds Home, Lucas Co., Ohio
    p19016LucasCoOhioHomeFredReynolds.jpg
    Home of Frederick Reynolds Then and Now
    Home of Frederick Reynolds Then and Now
    p19016LucasOhioHome of Fred Reynolds.JPG

  • Sources 
    1. [S100] Internet Source, http://www.historic-woodlawn.com/reynolds-family.html.
      Reynolds Family
      Sheldon Clark Reynolds and William B. Reynolds

      The Reynolds brothers success in the grain market and in banking made them one of Toledo's prominent families. The first Reynolds who was a leader in Toledo business was Sheldon Clark Reynolds. Known as Colonel S. C. Reynolds, he was born November 19, 1835. His brothers, Wiley R. and William B. Reynolds had formed a general dry goods business in Jackson, Michigan. When S.C. was sixteen he joined the firm as a clerk and three years later bought out Wiley's interest. A year later, in 1855, William transferred his interest in the company to Wiley. For the next fourteen years the firm was known as W. R. and S. C. Reynolds. In 1869 the business moved from Jackson to Toledo where it changed its name to Reynolds Brothers. In Toledo the partners bought the Armanda flouring mills which became prosperous. Three years later William sold his share of the company to his two brothers.

      The Reynolds Brothers sold the flouring mills in 1875 when they entered the grain commission business. At that time Wiley's son Charles became a partner in the firm. In 1875 the Reynolds Brothers handled 2,000 carloads of grain, but by 1885 they were carrying 85,000 carloads a year. A large part of their success was due to the fact that S. C. Reynolds was the first grain dealer to bring wheat west of the Mississippi and Missouri rivers. In the year 1885 they were the largest firm of their kind in the United States. S. C. Reynolds was a leader in creating the produce exchange and was its largest stockholder.

      S. C. Reynolds eventually became involved in transportation and banking. He was at one time the president of First National Bank and was chairman of the board of directors until his death. [John M. Killits, ed. Toledo and Lucas County, Ohio, 1623-1923, vol. 3 (Chicago: S.J. Clarke Publishing Co., 1923), p.542]. He also sat on the board of directors of the Toledo Savings Bank and Trust Company. S. C. Reynolds was the director of several railroads including the Wabash, Hocking Valley, and the Kanawha and Michigan. He was president of the Lake Erie Transportation Corporation and one of the transport companys major ships bore his name. [Charles S. Van Tassel, ed., Story of the Maumee Valley, Toledo and the Sandusky Region, vol. 4 (Chicago: S.J. Clarke Publishing Co., 1929), p.625]. Eventually his interests in banking and transportation became so important that the Reynolds Brothers company disbanded in 1908. (Winter, History of Northwest Ohio, vol. 2). S.C. Reynolds was married to Martha and they were the parents of four children. He died on November 22, 1912. (Killits, vol. 3, p.535).

      Charles Louis Reynolds (66-40) was the nephew of S.C. He was born in Jackson, Michigan on March 29, 1851. In 1875, after completing college, he joined Reynolds Brothers. In 1886, he became involved in directing the Toledo Savings Bank & Trust Company. Twenty years later he was made president of the bank. He was, in addition, a director and one of the largest stockholders of the Second National Bank. Eventually both banks merged with the Toledo Trust Co. And Reynolds became vice-chairman of the board at Toledo Trust after the merger. Charles Reynolds also was a director of the Toledo Scale Co. and president of the Merrill Manufacturing Co. He was married to Annie Groff. He retired in 1931 and on July 5, 1938, he died after an illness of several weeks. (Killits, vol. 3, 626. "C.L. Reynolds, Banker, Dies," Toledo Blade, 5 July 1938. "Reynolds. Dead at 87," Toledo New Bee, 5 July 1938).

      Frederick Jesse Reynolds, the son of S. C. Reynolds, joined his fathers business the Reynolds Brothers and later also went into banking. He was born in Jackson, Michigan on August 25, 1857. After college he became a clerk at Reynolds Brothers and five years later was made a partner. He stayed with the company until it broke up in 1908 but by then had already expanded into other businesses. In 1887 he became vice-president and general manager of the Toledo and Michigan Belt Railway Company and held that position until the company was absorbed by the Michigan Central Railway. Like his father, Frederick Reynolds became an executive and member of the board at First National Bank. He was elected to the board of directors of the bank in 1897. He became vice-president in 1898 and finally achieved the presidency of the bank in 1909.(Killits, vol. 3, p.557). In 1923, Reynolds was made chairman of the board of directors at First National.("F. J. Reynolds, Bank Leader, Is Dead Here," Toledo Times, 2 April 1932). He was also on the board of directors of the Hocking Valley Railroad Co. and the Mather Spring Co. He was a member of the New York Produce Exchange and the Toledo Chamber of Commerce.(Van Tassel, p.627). He married Ida Louise Stone on October 4, 1882. Ida Reynolds died in 1915. Frederick Reynolds died on April 1, 1933 after an illness of several months. ("H.S. Reynolds: Retired Banker, Hospital Trustee," Toledo Blade, 22 October 1967).

      Frederick's son, H. S. Reynolds, followed a path very much like his father's. H. S. Reynolds was born in Toledo on February 1, 1885. He attended the Toledo Public Schools before graduating from St. Paul's School at Garden City, Long Island in 1900. He worked for Reynolds Brothers after he graduated from the University of Michigan in 1906. After Reynolds Brothers, he obtained a minor position with First National Bank and by 1912 was on the board of directors. In 1915 he was made vice-president and in 1923 followed his father as president. At that time he was the youngest bank president in the country. H. S. Reynolds was also on the board of directors of the Toledo Trust Company and Rossford Savings bank.

      H. S. Reynolds married Rachael Ketchum in February 1909. He lived in the Plaza hotel in his later years and died in the Lucas County Home on October 21, 1962.

    2. [S100] Internet Source, http://utdr.utoledo.edu/cgi/viewcontent.cgi?article=2550&context=theses-dissertations.
      The Reynolds-Secor House is the most complete example of the shingle style and Queen Anne architecture. Its highly irregular outline, intersecting gables, and pr=yramidal roof forms make it a significant piece of Victorian architecture. It was built by Edward O. Fallis in 1887 for Fred Reynolds, a flour and grain merchant. In 1914, the house was bought by J.IK. Secor. This house had close connections with two of Toledo's leading business famillies. The Reynolds-Secor House took new ownership and was renamed The Mansion View Inn. The Mansion View holds an award for its historical value and quality of preservation by the Landmarks Committee.

    3. [S100] Internet Source, https://archive.org/stream/historyofcityoft00wagg/historyofcityoft00wagg_djvu.txt.
      SHELDON CLARK REYNOLDS, the
      youngest of ten children of Jesse and Sarah
      Sheldon Reynolds, was born in Essex County,
      New York, November 29, 1835. His father, a
      farmer by occupation, was born in Dutchess
      County, New York, September 15, 1793, and
      died December 10, 1853. He served during
      the War of 181215. Mr. Reynolds' mother
      was born September (3, 1794, and died
      July 20, 1851. The boyhood of the son was
      passed upon a farm, his educational advantages
      being limited to attendance at the District
      School. At the age of 14 he went to Bridge-
      port, Vermont, where for two years he resided
      with his sister. It was during this period that
      the principal portion of his School education
      was received. In the Winter he attended the
      Village Schools, while his spare time from
      labor during the Summer was devoted to
      studying under the direction of his sister. At
      the age of 16 he commenced his business
      career, by entering the employ of his brothers
      (W. R. and W. B. Reynolds), engaged in the
      general Dry Goods business at Jackson, Michi-
      gan. After three years of service, marked by
      economy and good management, he purchased
      the business interest of his brother W. R.
      Reynolds, aud became a partner with his re-
      maining brother, under the firm name of W. B.
      & S. C. Reynolds. This relationship continued
      for one year, when W. B. sold his interest to
      W. R., and the firm became known as W. R. &
      S. C. Reynolds. For tlie succeeding 14 years,
      the firm remained unchanged. The subject of
      this sketch during this period displayed those
      natural business traits, which since in a wider
      field of commercial activity have made him so
      successful. Year by year the extent of their



      business transactions increased, which ex-
      tended bej'oud the line of their original en-
      terprise. During the latter years of this
      business in Jackson, the yearly transactions
      of the firm reached a sum above half a mil-
      lion dollars. In 1869, W. R. and S. C. Rey-
      nolds disposed of their business interests in
      Jackson, and in the same j-ear W. R., W. B.
      and S. C. Reynolds purchased the Armada
      Flouring Mills in Toledo, and commenced the
      manufacture of Flour under the firm name of
      Reynolds Brothers. At this date the subject
      of this sketch removeil his family to Toledo,
      and took full charge and management of the
      Mills. No change occurred in the personnel of
      the firm until 1872, when W. B. Reynolds sold
      his interest to his remaining brothers. From
      the time the Reynolds Brothers took control of
      the Armada Mills until thej' dis])osed of it in
      1875, the venture was a complete success.
      Previous to their proprietorship, the largest
      yearly product had not exceeded 20,0(11) bar-
      rels ; while under the ])ersonal supervision of
      Mr, Reynolds it reached over 100,00(t barrels.
      In 1875 Reynolds Brothers sold this Mill
      property, at which date S. C, Reynolds em-
      barked in the Grain Commission trade, a
      business in which he has become so well known
      in the commercial world by his extensive
      operations. Associated wi^.h him at the com-
      mencement of this venture, was Charles L,,
      a son of W, R, Reynolds, Ivater on Mr, Rey-
      nold.s' .son, Fred J,, and J, H, Bowman were
      added to the firm, Mr. Reynolds has been
      since the formation of the house virtually sole
      manager aud conductor of its business. In 1875
      2,000 car-loads of grain were handled by the
      firm, while in 1885, it reached the amount of
      85,000 car-loads? a larger quantit_y, as believed,
      than was handled hj any other man or
      firm in the United States, Mr, Reynolds was
      the first Grain Merchant to bring grain to
      Toledo from West of the Mississi]ipi and Mis-
      souri rivers. He is a member and the largest
      stockholder of the Produce Exchange, and was
      among the first to start the movement which
      resulted in the erection of the Produce Ex-
      change building, one of the finest stuctures in
      the City. In politics Mr. Reynolds is a Demo-
      crat, but has never taken much interest in
      political affairs. Until recently Mr, Reynolds
      had taken comparatively no relaxation from
      his engrossing business duties; but in 1884,
      the state of his health induced him to take an
      extended Ocean voyage. He returned greatly
      benefited by the trip, and has since purchased
      a fine Steam Yacht, named the Sigma, an oc-
      casional ti'ip in w'hich forms his principal
      recreation, Mr, Reynolds was married No-
      vember 16, 1856, to Martha A, Simpson, of
      Watertown, Wisconsin. Four children have
      been the issue of this marriage, of whom but
      one son, Fred. J,, born August 25, 1857, is now
      living, the others having died in infancy.