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Henry Baldwin Hyde was born in the mid-19th century.
Answer: True
Explanation: Henry Baldwin Hyde was born on February 15, 1834, which falls within the mid-19th century.
Henry Baldwin Hyde's father, Henry Hazen Hyde, was a life insurance executive.
Answer: False
Explanation: Henry Hazen Hyde, the father of Henry Baldwin Hyde, was a successful merchant, not a life insurance executive.
Henry Baldwin Hyde began his career in the life insurance industry at the age of 16, working for The Equitable Life Assurance Society.
Answer: False
Explanation: Henry Baldwin Hyde began his career in the life insurance industry at age 16, but he initially worked as an agent for the Mutual Life Insurance Company of New York, not The Equitable Life Assurance Society.
Before founding The Equitable, Henry Baldwin Hyde worked for two years in a dry goods import and wholesale business.
Answer: True
Explanation: Prior to rejoining Mutual Life and subsequently founding The Equitable, Henry Baldwin Hyde was employed for two years as a clerk at Merritt, Ely & Company, a firm engaged in the dry goods import and wholesale business.
Henry Baldwin Hyde's father, Henry Hazen Hyde, worked as a clerk for Mutual Life Insurance Company.
Answer: False
Explanation: Henry Hazen Hyde, father of Henry Baldwin Hyde, was a successful merchant. Henry Baldwin Hyde himself worked as a clerk for Mutual Life Insurance Company.
What was Henry Baldwin Hyde's father's occupation?
Answer: Successful merchant
Explanation: Henry Hazen Hyde, the father of Henry Baldwin Hyde, was engaged in the occupation of a successful merchant.
Where was Henry Baldwin Hyde born?
Answer: Catskill, New York
Explanation: Henry Baldwin Hyde was born in Catskill, New York.
How did Henry Baldwin Hyde first enter the life insurance industry?
Answer: He was persuaded by a teacher to become an agent for Mutual Life.
Explanation: At the age of sixteen, Henry Baldwin Hyde was persuaded by his teacher to enter the life insurance industry, becoming an agent for the Mutual Life Insurance Company of New York.
Which company did Henry Baldwin Hyde work for as a clerk before returning to Mutual Life?
Answer: Merritt, Ely & Company
Explanation: Before returning to Mutual Life, Henry Baldwin Hyde worked as a clerk for Merritt, Ely & Company, a firm involved in the dry goods import and wholesale business.
Henry Baldwin Hyde held executive roles at Mutual Life Insurance Company, including:
Answer: Cashier and Clerk
Explanation: Before founding The Equitable, Henry Baldwin Hyde held positions at Mutual Life Insurance Company, including clerk and cashier.
Henry Baldwin Hyde founded The Equitable Life Assurance Society of the United States in 1859 after leaving Mutual Life.
Answer: True
Explanation: In March 1859, Henry Baldwin Hyde departed from the Mutual Life Insurance Company to establish his own enterprise, The Equitable Life Assurance Society of the United States.
William C. Alexander served as the first president of The Equitable Life Assurance Society, with Henry Baldwin Hyde as vice president and general manager.
Answer: True
Explanation: Upon the founding of The Equitable Life Assurance Society in 1859, William C. Alexander assumed the role of president, while Henry Baldwin Hyde served as vice president and general manager.
Henry Baldwin Hyde became president of The Equitable in 1859, the year the company was founded.
Answer: False
Explanation: Henry Baldwin Hyde did not become president of The Equitable in 1859. He assumed the presidency in 1874, succeeding William C. Alexander.
Who was Henry Baldwin Hyde primarily known for founding?
Answer: The Equitable Life Assurance Society of the United States
Explanation: Henry Baldwin Hyde is principally recognized as the founder of The Equitable Life Assurance Society of the United States, established in 1859.
In what year did Henry Baldwin Hyde found The Equitable Life Assurance Society?
Answer: 1859
Explanation: Henry Baldwin Hyde founded The Equitable Life Assurance Society of the United States in the year 1859.
Who initially served as president of The Equitable Life Assurance Society when it was founded?
Answer: William C. Alexander
Explanation: William C. Alexander served as the first president of The Equitable Life Assurance Society upon its founding in 1859.
What was the primary reason Henry Baldwin Hyde left Mutual Life Insurance Company?
Answer: To found his own life insurance company, The Equitable.
Explanation: Henry Baldwin Hyde's primary motivation for leaving Mutual Life Insurance Company was to establish and lead his own life insurance enterprise, The Equitable Life Assurance Society.
Henry Baldwin Hyde held the presidency of The Equitable until his death in 1899.
Answer: True
Explanation: Henry Baldwin Hyde served as the president of The Equitable Life Assurance Society from 1874 until his death in 1899.
The Equitable Life Assurance Society's headquarters, completed in 1870, was the first skyscraper in New York City.
Answer: False
Explanation: While the Equitable Life Assurance Building, completed in 1870, was the tallest office building in the United States at the time, it was not the first skyscraper in New York City.
The Equitable Life Assurance Building was equipped with the first passenger elevators installed in an office building.
Answer: True
Explanation: The Equitable Life Assurance Building was indeed equipped with the first passenger elevators installed in an office building, representing a significant technological advancement for the era.
In 1868, Henry Baldwin Hyde introduced a new type of insurance policy known as the 'Accumulation Plan'.
Answer: False
Explanation: In 1868, Henry Baldwin Hyde introduced the 'Tontine plan' for life insurance, not an 'Accumulation Plan'.
By the time of Henry Baldwin Hyde's death, The Equitable had become the largest life insurance company in the United States.
Answer: False
Explanation: By the time of Henry Baldwin Hyde's death, The Equitable had grown to become the largest life insurance company globally, not solely within the United States.
The Equitable Life Assurance Building was completed in 1870 and was the tallest office building in the US at that time.
Answer: True
Explanation: The Equitable Life Assurance Building was completed in 1870 and held the distinction of being the tallest office building in the United States during that period.
When did Henry Baldwin Hyde become the president of The Equitable Life Assurance Society?
Answer: 1874
Explanation: Henry Baldwin Hyde assumed the presidency of The Equitable Life Assurance Society in 1874, succeeding William C. Alexander.
What significant building was constructed by The Equitable under Hyde's leadership?
Answer: The Equitable Life Assurance Building
Explanation: Under Henry Baldwin Hyde's leadership, The Equitable Life Assurance Society constructed its prominent headquarters, known as the Equitable Life Assurance Building.
What technological innovation was first installed in the Equitable Life Assurance Building?
Answer: Passenger elevators
Explanation: The Equitable Life Assurance Building was notable for being equipped with the first passenger elevators installed in an office building.
What type of insurance plan did Henry Baldwin Hyde introduce in 1868?
Answer: Tontine Plan
Explanation: In 1868, Henry Baldwin Hyde introduced the Tontine plan, a specific type of life insurance policy.
By the time of Henry Baldwin Hyde's death, The Equitable had grown to become what?
Answer: The largest life insurance company globally
Explanation: Under Henry Baldwin Hyde's leadership, The Equitable Life Assurance Society achieved the status of the world's largest life insurance company by the time of his death.
The Equitable Life Assurance Building was completed in which year?
Answer: 1870
Explanation: The Equitable Life Assurance Building, serving as the company's headquarters, was completed in the year 1870.
Henry Baldwin Hyde married Annie Fitch in 1864, and she was the daughter of a sea captain.
Answer: True
Explanation: Henry Baldwin Hyde married Annie Fitch in 1864. Annie Fitch was the daughter of Captain Martin Halenbeck Truesdell and Jane Maria (née Reed) Fitch.
Henry Baldwin Hyde and Annie Fitch had five children, but only two survived into adulthood.
Answer: False
Explanation: Henry Baldwin Hyde and Annie Fitch had four children: Anna Baldwin Hyde, Mary Baldwin Hyde, Henry Baldwin Hyde, and James Hazen Hyde. Information regarding the survival of only two into adulthood is not explicitly stated, but the total number of children was four.
Both of Henry Baldwin Hyde's sons died in childhood.
Answer: False
Explanation: While one son, Henry Baldwin Hyde, died as a child in 1880, another son, James Hazen Hyde, lived from 1876 to 1959, indicating that not both sons died in childhood.
Henry Baldwin Hyde died in New York City in 1899.
Answer: True
Explanation: Henry Baldwin Hyde passed away at his residence in New York City on May 2, 1899.
Henry Baldwin Hyde's daughter, Mary Baldwin Hyde, married twice after her first husband's death.
Answer: True
Explanation: Mary Baldwin Hyde married Sidney Dillon Ripley in 1886. After Ripley's death, she married Charles R. Scott in 1912.
Henry Baldwin Hyde's wife, Annie Fitch, was the daughter of Jane Maria Reed.
Answer: True
Explanation: Annie Fitch, the wife of Henry Baldwin Hyde, was the daughter of Captain Martin Halenbeck Truesdell and Jane Maria (née Reed) Fitch.
Who was Henry Baldwin Hyde's wife?
Answer: Annie Fitch
Explanation: Henry Baldwin Hyde's wife was Annie Fitch.
How many children did Henry Baldwin Hyde and Annie Fitch have in total?
Answer: Four
Explanation: Henry Baldwin Hyde and Annie Fitch had a total of four children.
Which of Henry Baldwin Hyde's children died shortly after birth?
Answer: Anna Baldwin Hyde
Explanation: Anna Baldwin Hyde, one of Henry Baldwin Hyde's children, died shortly after birth in 1865.
Which of the following individuals was NOT a child of Henry Baldwin Hyde and Annie Fitch?
Answer: Marthe Leishman
Explanation: Marthe Leishman was the wife of James Hazen Hyde (Henry Baldwin Hyde's son), not a child of Henry Baldwin Hyde and Annie Fitch.
Who was Captain Martin Halenbeck Truesdell in relation to Henry Baldwin Hyde?
Answer: His father-in-law
Explanation: Captain Martin Halenbeck Truesdell was the father-in-law of Henry Baldwin Hyde, as he was the father of Annie Fitch, Hyde's wife.
Which statement accurately describes Mary Baldwin Hyde's marital history?
Answer: She married Sidney Dillon Ripley, and after his death, married Charles R. Scott.
Explanation: Mary Baldwin Hyde first married Sidney Dillon Ripley and, following his death, subsequently married Charles R. Scott.
James Hazen Hyde, son of Henry Baldwin Hyde, eventually moved to France after facing opposition within The Equitable.
Answer: True
Explanation: Following opposition that prevented his planned succession to the presidency of The Equitable, James Hazen Hyde departed from the company and relocated to France.
Henry Baldwin Hyde planned for his son James to become president of The Equitable immediately upon his own death.
Answer: False
Explanation: Henry Baldwin Hyde's plan was not for immediate presidential succession but rather to appoint his son James Hazen Hyde as vice president at age 22 and grant him majority interest at age 23, with the intention of him eventually leading the company, but not necessarily immediately upon Hyde's death.
Opposition from board members prevented James Hazen Hyde from assuming the presidency of The Equitable in 1906 as planned.
Answer: True
Explanation: A coordinated opposition from the incumbent president and several board members in 1906 ultimately prevented James Hazen Hyde from assuming the presidency of The Equitable as planned.
Marie de La Grange, wife of HBH's grandson, was the daughter of Baron Amaury De La Grange.
Answer: True
Explanation: Marie de La Grange, who married Henry Baldwin Hyde's grandson (Henry Baldwin Hyde, 1915-1997), was indeed the daughter of Baron Amaury De La Grange.
Henry Baldwin Hyde's son, James Hazen Hyde, inherited a majority interest in The Equitable at age 23.
Answer: True
Explanation: As part of Henry Baldwin Hyde's succession plan, his son James Hazen Hyde was arranged to inherit a majority interest in The Equitable at the age of 23.
Henry Baldwin Hyde's grandson, Henry Baldwin Hyde (1915-1997), married Marie de La Grange in 1941.
Answer: True
Explanation: The grandson of Henry Baldwin Hyde, also named Henry Baldwin Hyde (1915-1997), married Marie de La Grange in 1941.
Who was Henry Baldwin Hyde's son who lived from 1876 to 1959?
Answer: James Hazen Hyde
Explanation: James Hazen Hyde, son of Henry Baldwin Hyde, lived from 1876 to 1959.
What was Henry Baldwin Hyde's plan for his son James Hazen Hyde's succession at The Equitable?
Answer: To arrange for him to be appointed VP and inherit majority interest early.
Explanation: Henry Baldwin Hyde arranged for his son, James Hazen Hyde, to be appointed vice president at age 22 and inherit a majority interest in the company at age 23, as part of his succession plan.
What prevented James Hazen Hyde from taking over the presidency of The Equitable as planned?
Answer: A coordinated opposition from current leadership within the company.
Explanation: A concerted opposition from the incumbent president and several board members in 1906 prevented James Hazen Hyde from assuming the presidency of The Equitable as originally planned.
After leaving The Equitable, where did James Hazen Hyde relocate?
Answer: France
Explanation: Subsequent to encountering opposition within The Equitable Life Assurance Society, James Hazen Hyde established his residence in France.
Who was the wife of Henry Baldwin Hyde's grandson (Henry Baldwin Hyde, 1915-1997)?
Answer: Marie de La Grange
Explanation: Marie de La Grange was the wife of Henry Baldwin Hyde's grandson, Henry Baldwin Hyde (1915-1997).
What was the profession of Henry-Louis de La Grange, brother of Marie de La Grange?
Answer: Musicologist and Mahler biographer
Explanation: Henry-Louis de La Grange, brother of Marie de La Grange, was a distinguished musicologist and biographer, particularly known for his work on Gustav Mahler.
Henry Baldwin Hyde's grandson, Henry Baldwin Hyde (1915-1997), was the son of which individual?
Answer: James Hazen Hyde
Explanation: The grandson of Henry Baldwin Hyde, also named Henry Baldwin Hyde (1915-1997), was the son of James Hazen Hyde.
Henry Baldwin Hyde was a founding member of the exclusive social club known as The Bachelors.
Answer: False
Explanation: Henry Baldwin Hyde was a founding member of the Jekyll Island Club, also known as 'The Millionaires Club,' not 'The Bachelors'.
Henry Baldwin Hyde's estate was valued at over $1.7 million according to a 1923 New York Times report.
Answer: True
Explanation: A New York Times report from April 13, 1923, indicated that Henry B. Hyde's estate was valued at $1,771,762.
Henry Baldwin Hyde was a founding member of which exclusive social club?
Answer: The Jekyll Island Club
Explanation: Henry Baldwin Hyde was a founding member of the esteemed Jekyll Island Club, also recognized by the appellation 'The Millionaires Club'.
What was the approximate value of Henry B. Hyde's estate upon his death, according to a New York Times report?
Answer: $1,771,762
Explanation: A New York Times report from April 13, 1923, indicated that Henry B. Hyde's estate was valued at $1,771,762.