I bought the article below today so I WOULD KNOW THE WHOLE STORY. I used my credit cared.......but could not get access to the article (below) that I bought...... and There was no link to ask why I couldn't read the article I bought.THUMBS DOWN ON NEW YORK TIMES...Makes one wonder who really controls the flow of information that gets feed to the American public....Bankers, maybe? (posted December 29, 2014)
November 22, 1957,
, Section , Page 36, Column , words
[ DISPLAYING ABSTRACT ]
NEW TOWN, Conn., Nov. 21 --Edwin Sibley Webster Jr., 57 years old, a partner in the New York investment banking firm of Kidder, Peabody Co., was found dead here today in a brook near his summer home.
Birth: Dec. 24, 1899
Death: Nov. 19, 1957
Father: Edwin Sibley Webster
Mother: Jane De Peyster Hovey
Married Jean B. Bennett, 1942
THE BRIDGEPORT POST, FRIDAY, NOVEMBER 22, 1957. THIRTY-NINE 1 BANKER SUICIDE, POLICE DISCLOSE Edwin S. Webster, 57, of Newtown, Dies of Gunshot Wound.
NEWTOWN, Nov. 22 -- State Police today listed as a suicide the death of Edwin Sibley Webster, Jr., 57, an investment banker, whose body was found yesterday near his Hawleyville residence. No motive was established in the death which resulted from gunshot wound in the head, but police said Mr. Webster apparently was despondent over poor health.
The body was discovered face down in shallow water near the shore of Pond brook, a mile from his home. A .22 caliber rifle was nearby. Reported Missing By Wife State Police, Constable Hiram Hawleyville Volunteer Fire company had searched for Mr. Webster since his wife telephoned from New York city saying that he was missing since Tuesday.
Mr. Webster was a general partner in the investment banking firm of Kidder, Peabody and Company. He was a director of Stone and Webster Engineering corporation. Stone and Webster Inc., Stone and Webster Service corporation and the Freeport Sulphur company. Stone and Webster Inc., and Stone and Webster Engineering were founded by his father, the late Edwin Sibley Webster Sr.
A native of Newton, Mass., Mr. Webster was a graduate of Harvard university (1923) and the Harvard school of business administration (1925). Active In Clubs He was active in a number of clubs and social organizations, including the Bond club and the Recess club of New York, the Somerset club of Boston, and the Brookline, Mass., Country club.
He is survived by his wife, Jean, a son, Edwin Sibley Webster III; two daughters, Jean and Polly; his mother, Mrs. Edwin S. Webster Sr., of Boston; and two sisters, Mrs. Henry U. Harris, of Brookville, L. I., and Mrs. Richard Harte of Brookline, Mass.
Services will take place tomorrow in the Frank E. Campbell Funeral home, Madison avenue and 81st street, New York city, and at 11 a.m. in the Central Presbyterian church, Park avenue and 64th street. Burial will be in Mount Hope cemetery, Hastings, N. Y.
Edwin Sibley Webster (1867 - 1950)
Jean B. Bennett (1918 - 2005)
Mount Hope Cemetery
New York, USA
Created by: K Gillen
Record added: Jun 18, 2014
Find A Grave Memorial# 131532938
APPOINT MEMBERS OF 1923 DANCE COMMITTEE
Edwin Sibley Webster Jr., of Chestnut Hill Is Chairman--Announce Rules as to Eligibility for Dance--To be on March 3
NO WRITER ATTRIBUTED January 17, 1922
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The membership of the Junior Dance Committee, of which Edwin Sibley Webster Jr., of Chestnut Hill is chairman, was announced last night by J. G. Flint, president of the class.
The full personnel and respective positions of the committee are as follows: Chairman, Edwin Sibley Webster of Chestnut Hill; treasurer, Henry Pratt Upham Harris of New York City; assistant treasurer, Bertram Kimball Little of Salem; Harvard Union, Sheridan Logan of St. Joseph, Mo.; music, Warwick Potter Scott of Lansdowne, Pa.; patronesses,Henry Sturgis Morgan of New York, N. Y.; invitations, Joseph Sill Clark Jr. of Chestnut Hill, Pa.; furniture, Donald Fairfax Bush Jr. of New York City.
It was also announced that the following men are eligible to attend the Junior Dance, which will be on March 3:--
(1) Men who entered College with the class of 1923.
(2) Men who entered College as unclassified students, and who have been classified with 1923 (this does not apply, however, to dropped Juniors).
(3) Officers of the class of 1922, including members of the committee.
(4) Officers of the class of 1924.
(5) Members of last year's Dance Committee, and the president of last year's Junior class.
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Edwin S. Webster(1867–1950) was an early electrical engineer and graduate from the Massachusetts Institute of Technology. He helped found Stone and Webster with his friend Charles A. Stone.
Stone & Webster was an American engineering services company based in Stoughton, Massachusetts. Stone & Webster was founded as an electrical testing lab and consulting firm by electrical engineers Charles Stone and Edwin Webster in 1889. It was acquired and integrated as a division of The Shaw Group in 2000, then by Technip in 2012. The company provides engineering, construction, environmental services, and plant operation and maintenance. The company has long been involved in power generation projects and has worked on most American nuclear power plants. In the early 20th century, Stone & Webster was also known for operating streetcar systems in many cities across the United States; examples include Dallas, Houston and Seattle.
In 1927, Stone & Webster expanded the investments business, merging its securities subsidiaries with the investment banking firm of Blodgett & Co. founded in 1886, to form Stone & Webster and Blodgett Inc. In January, 1946, the name of the business, was changed to Stone and Webster Securities Corporation. Stone and Webster Securities was one of the 17 U.S. investment banking and securities firms named in the United States Department of Justice's antitrust investigation of Wall Street commonly known as the Investment Bankers Case.
U.S. v. Morgan et al.'' (118 F. Supp. 621), more commonly referred to as the Investment Bankers Case was a multi-year antitrust case against brought by the United States Justice Department against seventeen of the most prominent Wall Street investment banking firms, known as the Wall Street Seventeen.[1
The Justice Department filed suit against the firms in 1947 claimed that the leading investment banking firms had combined, conspired and agreed, in violation of the Sherman Antitrust Act, to control and monopolize the U.S. Securities markets.
The 17 Wall Street firms named as defendants in the case, later known as the "Wall Street Seventeen" were as follows:
Morgan Stanley & Co.
White Weld & Co.
Dillon Read & Co.
Drexel & Co.
First Boston Corporation
Smith Barney & Co.
Kuhn, Loeb & Co.
Blyth & Co.
Eastman Dillon & Co.
Stone & Webster Securities Corp.
Harris, Hall & Co.
Glore, Forgan & Co.
Union Securities Corp.
Excluded from the case were a number of prominent Wall Street firms including Bache & Co., Halsey Stuart & Co., Merrill Lynch, Pierce, Fenner & Beane and Salomon Brothers & Hutzler among others.
The case, which was brought to trial in the Southern District of New York in 1952 was presided over by Harold Medina. In October 1953, after a year-long trial, Medina found in favor of the investment banking firms.