George Jay Gould

George Jay Gould I (February 6, 1864 – May 16, 1923) was a financier and the son of Jay Gould.[2] He was himself a railroad executive, leading the Denver and Rio Grande Western Railroad (DRGW), Western Pacific Railroad (WP), and the Manhattan Railway Company.

George Jay Gould
Born(1864-02-06)February 6, 1864
DiedMay 16, 1923(1923-05-16) (aged 59)
Spouses
(m. 1885; died 1921)
Guinevere Jeanne Sinclair
(m. 1922)
Children10, including Helen Vivien, Kingdon, Jay II and Gloria Gould
Parent(s)Jay Gould
Helen Day Miller
Relatives
"Vigilant"
Gould as depicted in Vanity Fair, September 1894. Gould had bought Vigilant,[1] the winner of the previous year's America's Cup, and was racing it in England
Gould and his family at the wedding of his sister, Helen Miller Shepard in 1913

Early life

Gould was born on February 6, 1864, the eldest son of Jay Gould (1836–1892) and Helen Day Miller (1838–1889). His father was a leading American railroad developer and speculator who has been referred to as one of the ruthless robber barons of the Gilded Age, whose success at business made him one of the richest men of his era.[3]

Railroad management

Upon his father's death George inherited a portion of the Gould fortune (Jay Gould left $15 million to George and $10 million to each of his other 5 children) and his father's railroad holdings, including the DRGW and the Missouri Pacific Railroad. While in charge of the DRGW at the turn of the 20th century, he sent surveyors and engineers through California's Feather River canyon to stake out a route for the railroad to reach San Francisco, California. Through legal wranglings led by E. H. Harriman, who at the time led both the Union Pacific and Southern Pacific Railroads, Gould was forced to set up third-party companies to manage the surveying and construction to disguise his role. The route that Gould's engineers built became the WP mainline.

In later years, the DRGW and WP would work together on trains that were passed off to each other in Salt Lake City, Utah, including the prestigious passenger train, the California Zephyr.

Personal life

He married Edith Mary Kingdon (1864–1921), a stage actress, and had the following children:[4]

Gould also had a mistress, Guinevere Jeanne Sinclair (1885–1978), and had the following children with her:[13]

  • George Sinclair Gould (1915–2003) later changed his name to Brodrick (his stepfather's name).[14]
  • Jane Sinclair Gould (1916–1948)
  • Guinevere Gould (1922–1968)

After the death of his first wife in 1921, Gould married Sinclair on May 1, 1922. Then with the three children in tow, they moved to England.[15]

Death and burial

He died of pneumonia on May 16, 1923, on the French Riviera after contracting a fever in Egypt where he visited the tomb of Tutankhamun. He was buried in Woodlawn Cemetery in New York. His estate was valued at $15,054,627 but after debts were paid it was worth $5,175,590 in 1933 dollars.[16][2]

Legacy

Gould's estate in Lakewood Township, New Jersey, is now the site of Georgian Court University.

See also

References

Further reading

  • Brehm, Frank (2005), The SF&GSL. Retrieved March 2, 2005.
  • Geis, Sister M. Christina, The George Jay Gould Estate. Retrieved March 2, 2005.
  • White, John H., Jr. (Spring 1986), America's Most Noteworthy Railroaders, Railroad History, 154', p. 9-15.