Background
Townsend was born in Middlebury, Vermont.
economist private sector banker
Townsend was born in Middlebury, Vermont.
University of Rochester.
He began his business career in New York City in 1850. Other positions included president of the Municipal Gas-Light Company of Rochester. Director of the Long Island Railroad Company.
And secretary and manager of the Hospital for the Ruptured and Crippled.
On 10 September 1898, Townsend died suddenly of a heart attack shortly after dinner at his summer house in Tarrytown, New New York
He became Second Vice-President of the Bowery Savings Bank from 1875 to 1883, First Vice-President from 1883 to 1894, and President from 1894 to his death in 1898. He was also President of the Maritime Exchange from 1883 to 1888, Treasurer of the New York Produce Exchange in 1887, a member of the Chamber of Commerce, and from 1889 President of the Knickerbocker Trust Company.