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George Washington Riggs

banker

George Washington Riggs, American banker. member board aldermen District of Columbia.

Background

Riggs, George Washington was born on July 4, 1813 in Georgetown, District of Columbia. Son of Elisha and Alice (Lawrason) Riggs.

Education

Entered Yale, 1829, did not graduate.

Career

Employed by father’s merc. firm Riggs, Taylor & Company. New York City; partner banking firm Corcoran & Riggs, Washington, District of Columbia, 1840-1848, firm took up loans required by United States Government to finance Mexican War, bought Corcoran’s interest, 1854, firm became known as Riggs & Company (Riggs National Bank since 1896), dir, until 1881. Member board aldermen District of Columbia.

Chairman of commission to present to the United States Congress a petition for an investigation into the conduct of the Board Public Works, 1873. Built and owned Riggs House (hotel). An organizer Washington and Georgetown Railroad Company.

Trustee Corcoran Gallery of Art, Peabody Education Fund. Treasurer Mount Vernon Ladies’ Association of the Union.

Membership

Member board aldermen District of Columbia.

Connections

Married Janet Madeleine Cecilia Shedden, June 23, 1840, 9 children.

father:
Elisha Riggs

mother:
Alice (Lawrason) Riggs

spouse:
Janet Madeleine Cecilia Shedden