Hinsdill Parsons, Esq. was born on February 10, 1864 in Hoosick Falls, New York, the son of J. Russell Parsons. One of five sons, he attended Trinity College in Hartford, Connecticut, graduating in 1884. While in college, Parsons joined Phi Beta Kappa and Delta Psi fraternities. He attended Albany Law School and graduated in 1885; he was admitted to the New York State Bar in the same year. In September 1889, he married Jessie Mary Burchard in Hoosick Falls, NY. In the same year, Parsons also became patent attorney for the Walter A. Wood Harvester Company in Hoosick Falls, of which his father was an incorporator. He worked there until he left for Schenectady to serve as General Counsel for the General Electric Company in 1894. In May, 1901, he was given control of General Electrics legal affairs and was elected vice-president of the company. At this time, Parsons was also elected President of the Schenectady Railroad Company. During his tenure with General Electric, Parsons was involved with various company anti-trust legal issues.
Parsons served on the board of directors for the Electric Bond and Share, the Washington Water Power, and the Knickerbocker Trust Companies, as a trustee for the General Electric Investment Club, as co-president of the Bully Hill Copper Mining & Smelting Company, and was a member of the University Club and the American Academy of Political and Social Science.
In a letter dated November 22nd, 1897, Parsons divulges to Mr. W. V. Baker of the Northwestern Mutual Life Insurance Company that his two life insurance policies held by Northwestern state differing birthdates because he is unsure of his age. No mention of his mother has been found in either Parsons records or in research materials. On April 28th, 1912, Parsons died in a car accident. He is buried in Vale Cemetery in Schenectady, NY.
The Hinsdill Parsons collection contains 2 cubic feet of paper records from Parsons employment at General Electric, as well as personal and financial papers. The majority of the collection is comprised of correspondence between Parsons and various professional and personal contacts, but the collection also includes financial reports and spreadsheets from General Electric and other companies on which Parsons served as a board member or trustee. Other areas of particular interest include records of stock and bond transactions both professional and personal and several maps of areas affected by GE-affiliated railway or utilities companies.
This collection covers the years between 1890 and 1912, with the bulk of the documents dating from 1900-1912. The General Electric and other financial documents deal primarily with investments in the United States; the majority of the documents are related to upstate New York matters, although interests in other locations include Pennsylvania, Colorado, and Oregon. General Electric and Parsons were also involved in activities in Europe and Mexico. Parsons also kept records of the various clubs and organizations of which he was a member, including meeting minutes and dues records. Other personal documents include legal documents such as insurance papers and estate records, as well as general correspondence with and financial advice given to friends and family members.
These documents were discovered in the Parsons' previous residence at 21 Front Street, Schenectady. Upon the death of Hinsdill Parsons' wife, Jessie Burchard Parsons, in 1951, this residence and its contents were bequeathed to Saint George's Episcopal Church, 28 North Ferry Street, Schenectady. Saint George's sold the house in 1989, and in 2000, a Mr. Kevin Decker wrote Dr. Gerald Zahavi, University at Albany Professor of History, to inform him of the existence of these documents.
The collection is divided into three series. All three series are arranged alphabetically by subject name and are generally in reverse chronological order within each folder. Series 1: General Electric, Oct. 1900-April 1911, contains correspondence, financial records, and company reports relating to GE business matters. Series 2: Financial Investments, April 1895-April 1912, contains documents regarding Parsons personal financial matters. Series 3: Personal, June 1890-April 1912, contains all other material of a personal nature not included in Series 2. Subjects in this series include family correspondence, property rights and deeds, Parsons involvement in committees and clubs, and personal investment advice. Two significant subjects in this series involve Parsons automotive interests and family estate communications.
The collection is organized into the following series: Series 1- General Electric, 1900-1911, Series 2- Financial Investments, 1985-1912, and Series 3- Personal, 1890-1912
These documents were discovered in the Parsons' previous residence at 21 Front Street, Schenectady. Upon the death of Hinsdill Parsons' wife, Jessie Burchard Parsons, in 1951, this residence and its contents were bequeathed to Saint George's Episcopal Church, 28 North Ferry Street, Schenectady. Saint George's sold the house in 1989, and in 2000, a Mr. Kevin Decker wrote Dr. Gerald Zahavi, University at Albany Professor of History, to inform him of the existence of these documents. All items in this manuscript group were transferred to the University Libraries, M.E. Grenander Department of Special Collections and Archives, in 2006.
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Published: 2019-01-02 23:08:18 -0500
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Archival materials can be view in-person during business hours in our reading room, located on the top floor of the Science Library on the Uptown Campus.
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The researcher assumes full responsibility for conforming with the laws of copyright. Whenever possible, the M.E. Grenander Department of Special Collections and Archives will provide information about copyright owners and other restrictions, but the legal determination ultimately rests with the researcher. Requests for permission to publish material from this collection should be discussed with the Head of Special Collections and Archives.
Preferred citation for this material is as follows:
Identification of specific item, series, box, folder, The Hinsdill Parsons Papers, 1890-1912. M.E. Grenander Department of Special Collections and Archives, University Libraries, University at Albany, State University of New York (hereafter referred to as the Hinsdill Parsons Papers).
|1||1||Birmingham Gas Co., Consolidated Electric Light Co., & Birmingham Railway, Light & Power Co.||1901 May- June|
|1||2||Binghamton General Electric Bonds sales & communications.||1901 December- 1902 January|
|1||3||Culver, A. I. Phone conversation memorandum re: Railroad Rate Regulating Commission||1905 May 16|
|1||4||Chicago City Railway Company. GE rebate contracts; correspondence re: contracts, Chicago mayoral bookkeeping investigation/audit, Chicago co. personnel issues; newspaper clippings re: audit, contract cancellations.||1907 Febraury- 1909 May|
|1||5||Chicago Edison Company. Royalty contract memorandum/clarification||1904 July 16|
|1||6||Electric Properties Company. Confidential advance copy of prospectus of new Westinghouse Company||1906 April|
|1||7||Electric Undertakings Company. Prospectus.||Undated|
|1||8||The Egyptian Petroleum Company, LTD. Annual general meeting report||1908 December 30|
|1||9||GE Finances. Audit, collections/delinquent accounts, company expense statements, P&L reports, communications re: delinquent companies accounts & personnel issues, executive committee report.||1905 February- 1910 February|
|1||10||GE Investment Club. Correspondence, financial reports/summaries, stock/bond purchases, minutes||1904 April- 1911 April|
|1||11||Greene Copper. Business transactions||1901 December- 1904 November|
|1||12||Hotel (unnamed). Property sale, correspondence.||1904 May-June|
|1||13||Houston Municipal Plant. Letter re: proposed municipal plant||1900 October 16|
|1||14||Hudson River Telephone Company. Proposed ordinance||1902 January 31|
|1||15||Magee, Louis J. Business correspondence, foreign companies||1906 May- 1907 April|
|1||16||Manhattan Railway Company. Bill cancellation||1903 June 15|
|1||17||National Electric Lamp Company. Bonds. New York State National Bank||1901 July- 1911 July|
|1||18||Niagara County Irrigation & Water Supply Company. Legislative monitoring expense||1906 March|
|1||19||Nicholls, William S. Personal contact, business communications.||1903 July- 1904 December|
|1||20||Peabody, George Foster. The Otis Inclined Railway||1905 May-June|
|1||21||Proposed Incandescent Lamp Company. Company proposal.||1909 December 18|
|1||22||Schenectady Railway Company. Financial statements, trolley line, bonds||1903 August- 1912 January|
|1||23||The Schenectady Star Printing Company. Consolidation with The Daily Union (Schenectady Union-Star). Stock purchases.||1902 January- 1911 August|
|1||24||Standard Light & Power Company. Stock purchase & communications. United Electric Securities Company||1901 October-November|
|1||25||Special Collection Department. GE customer debt collection||1907 August- 1908 October|
|1||26||Unnamed. Magazine advertisement, paid confirmations, communications re: viaduct licensing/right-of-way issue.||1901 October- 1904 July|
|2||1||American Gas & Electric Co./Electric Bond & Share Co. Stock shares communication, purchase agreements, plan & reports. Railroad rights/eminent domain||1906 December- 1912 January|
|2||2||Brooklyn City Railroad. Stock purchases & communications||1910 July- 1911 July|
|2||3||Cohoes Gas Light Company. Stock purchase, communication with brother Willard P. Parsons, Anson Burchard||1910 February- 1911 January|
|2||4||Central Colorado Power Company. Purchase agreements, financial plans, annual reports, collections letters. Financial insolvency, Knickerbocker Trust Company||1906 October- 1912 March|
|2||5||Cincinnati Gas & Electric Company. Blueprint map Schenectady railroad route. Leases between Cincinnatti Co. & Union Gas & Electric Company||1905 March- 1912 April|
|2||6||Carnegie Trust Company. Account book, cancelled checks, personal investments.||1909 January- 1910 December|
|2||7||United States Mortgage & Trust Company.. Charles Coffin investments, IOUs, receipts.||1903 March- 1910 November|
|2||8||Chicago & Milwaukee Electric Railroad Company.. Stock shares.||1905 March-April|
|2||9||Chesapeake & Ohio Company.. Stock shares.||1899 July- 1900 November|
|2||10||Fisher, A.M. Debt correspondence, IOU.||1908 August- 1911 February|
|2||11||F.J.&G. (Fonda, Johnstown & Gloversville Railroad Company). . Stock & bonds.||1903 April- 1904 January|
|2||12||Great Northern Power Development Company. . Underwriters agreements, subscription correspondence, invoice letters.||1904 December- 1908 May|
|2||13||Grenfell Syndicate. . Subscription; Grenfell Mexican Exploration Co. (copper mine).||1906 May-August|
|2||14||Guanajuato Power and Electric Company. . Stockholder reports, banking & loan documentation, subscription/stock communication. Stone Canon Consolidated Coal Company of Maine stocks.||1899 December- 1910 November|
|2||15||Golf Club Realty Company. . Stock communications.||1907 January|
|2||16||Harrington, F.A.. Investment correspondence (New York Air Brake Co., Electric Bond & Share Co.), memorandum, news clipping.||1905 March-June|
|2||17||Huston, Ernest. . Loan correspondence.||1906 November- 1908 September|
|3||1||Home insurance policies, tax bills. . Receipts & correspondence.||1903 May- 1912 July|
|3||2||Home electrical inspection. . Reports, correspondence.||1905 March- 1910 March|
|3||3||Hyatt, Marshall. . Loan correspondence.||1909 November- 1911 May|
|3||4||Lindsay, Charles. . Handwritten paid note.||Undated|
|3||5||The Citizens Lighting Company of Louisville. . Stock/bond communications.||1901 July- 1903 March|
|3||6||Miller, Elmer A.. Bank note communication, Schenectady Trust Company.||June 3rd 1908|
|3||7||Miller, John H. . Loan communications.||1907 December- 1908 January|
|3||8||National Commercial Bank. . Payments/deposits.||1911 June- 1912 February|
|3||9||Nicholson, James. (Parsons chauffeur). . Expense accounts. Mortgage & deed. Receipts & bills.||1908 October- 1912 March|
|3||10||Pennsylvania Water & Power Company. . Stock communications.||1911 October- 1912 April|
|3||11||Parsons, Hinsdill (A). . Assorted financial reports, communications, cancelled checks, receipts.||1895 April- 1908 October|
|3||12||Parsons, Hinsdill (B). . Assorted financial reports, communications, cancelled checks, receipts||1895 April- 1908 October|
|3||13||Philadelphia Electric Company. . Annual reports, trust & land title documents. Stock purchases, communications. Documented rumor of GE takeover||1896 March- 1912 April|
|4||1||Portland Gas & Electric Company/City & Suburban Railway Company of Portland, Oregon/Portland Street Railway Company.. Company consolidation (Portland Consolidated Railway Company). Stock purchases & communications, stock pool.||1904 March- 1909 December|
|4||2||Portland-Salem (Oregon) Electric Railway Company Syndicate. . Syndicate shares communications||1905 December- 1910 February|
|4||3||Schenectady Trust Company (A). . Stock shares. Financial receipts, communications. Loans, IOUs, cancelled checks. Washington Water Power Company stocks.||1902 April- 1912 April|
|4||4||Schenectady Trust Company (B).. Stock shares. Financial receipts, communications. Loans, IOUs, cancelled checks. Washington Water Power Company stocks.||1902 April-1912 March|
|4||5||Security Savings & Trust Company. . Stocks.||1911 June- 1912 April|
|4||6||Southern California Edison Company. . Stock purchase & communication. Annual report.||1911 January- 1912 April|
|4||7||Stanislaus Power Development / Stanislaus Electric Power Company (A).. Prospectus, underwriters agreements, financial plans. Electric Bond and Share Company. Knickerbocker Trust Company. Sierra & San Francisco Power Company.||1905 September- 1912 April|
|4||8||Stanislaus Power Development / Stanislaus Electric Power Company (B). . Prospectus, underwriters agreements, financial plans. Electric Bond and Share Company. Knickerbocker Trust Company. Sierra & San Francisco Power Company.||1905 September- 1912 April|
|5||1||The Tehuantepec Rubber Culture Company. . Mortgage bonds, life insurance. Rubber plantation investment.||1901 August- 1904 November|
|5||2||The Tiffin Edison Electric Illuminating Company. . Syndicate subscription.||1909 October- 1911 October|
|5||3||Walter A. Wood Mowing & Reaping Machine Company. . Reorganization, stock/bond transactions.||1895 October- 1912 January|
|5||4||Washington Water Power Company. . Stock transactions & communications. By-laws, financial statements.||1909 January- 1912 April|
|5||5||Automobile interests. . Parts/purchases, accidents, arrest, miscellaneous.||1908-1912|
|5||6||Blodgett, Katherine Burr. . Investments||1908 June- 1910 November|
|5||7||Burchard, Anson.. Communications, personal financial dealings||1902 February- 1912 April|
|5||8||Coffin, Charles A. (President, GE). . Land purchase in Maine title dispute, legal proceedings correspondence||1911 January-1912 April|
|5||9||Cranston, William Jr. family correspondence.. Personal loan repayment, Farmers Loan & Trust Co.||1908 November-1911 December|
|5||10||Copeland, William H.. Correspondence.||1897 March- 1901 June|
|5||11||Down Town Association. Annual dues, receipts.||1904 July- 1911 May|
|5||12||Committees & Clubs.. Knickerbocker Trust Company committee. Resumption of business, staffing/appointments, committee meeting minutes. Clubs list. Hoosac Club dues notices & payments. Cancelled checks. Miscellaneous.||1904 July- 1911 December|
|5||13||Ives, J. M. . Estate dispute papers. Southern New England Telephone Company.||1905 January- 1909 July|
|5||14||Legal documents. . Life insurance policies & correspondence, property deeds, titles, & bonds, loan payments, house & auto insurance||1892 January 1912 April|
|6||1||Merritt, Charles H. . Personal correspondence||1900 December-1903 July|
|6||2||The Noble & Wood Machine Company. . License contract||1906 May|
|6||3||Parsons, James Russell Jr. (brother). . Property sale correspondence. Elevator repairs at the NY State Library. Schenectady Superintendant of Schools appointment. Death while serving as Consul General of the United States to Mexico.||1895 January- 1905 December|
|6||4||Parsons, Willard P. (brother). . Correspondence||1897 November- 1905 March|
|6||5||Parsons, James Russell Sr. . Life summary. Estate, legal proceedings||1890 June- 1900 June|
|6||6||Peck, S. . Estate||1913 March 1|
|6||7||Piping Rock Club. . Membership, dues communications||1912 March-April|
|6||8||Potter, Nathaniel Bowditch M.D. . Financial, medical communications||1904 July- 1911 January|
|6||9||Starr, Howard W. . Personal correspondence||1905 January- 1906 May|
|6||10||Shearon, John & Bridget. . Property title legalities. Mortgages & deeds records.||1903 June- October|
|6||11||Steele, Mr. & Mrs. Robert E. . Personal correspondence, medical issues||1910 July- 1911 November|
|6||12||Van Voast, James A. . Nicholson mortgage||1911 February- May|
|6||13||Knickerbocker Trust Company stocks communications, Board of Directors appointments & communications||1908 March- 1910 September|
|6||14||Knickerbocker Trust Company. Deposit communications & receipts||1910 December- 1912 January|