Background
Ray, Philip Lacey was born on July 10, 1890 in Mankato, Minnesota, United States. Son of John H. and Genevieve (Eldredge) Ray.
Ray, Philip Lacey was born on July 10, 1890 in Mankato, Minnesota, United States. Son of John H. and Genevieve (Eldredge) Ray.
Bachelor, University of Minnesota, 1912.
With various mining, timber, business corporations, Duluth, Minnesota, 1912-1917;
partner, Philip L. Ray & Company, 1917-1926;
assistant to president, 1st National Bank Duluth, 1926;
executive vice president, board directors, 1st and American National Bank Duluth
with, J.&W. Seligman & Company. New York City, 1929-1930;
president, board directors, 1st Trust Company St. Paul, 1930-1945;
Chairman of the Board, 1st Trust Company St. Paul, 1945-1961. Vice president, board directors 1st National Bank St. Paul, 1930-1945, chairman of the executive committee, board directors, 1945-1957, Chairman of the Board, 1957-1958.
President, trustee Great Northern Iron OreProperties. Chairman of the Board Bliss and Laughlin, Inc., 1960-1963. Board directors Northern Pacific-Railway, St. Paul Fire & Marine Insurance Company.
Trustee Minnesota Mutual Life Insurance Company.
Vice president, board directors Louis W. and Maud Hill Family Foundation. Board directors Charles T. Miller Hospital. Vice chairman, trustee Bigelow Foundation, F.R. Bigelow Foundation.
Member American Institute of Mining, Metallurgy, and Petroleum Engineers, Chicago Club, Minnesota Club, Somerset Country Club, St. Paul Athletic Club, University Club, Links, Kitchi Gammi Club.
Married Berenice Steuerwald, April 5, 1924. Children: Patricia (Mistress Harry L. Bratnober), Georgia (Mistress Donald W. DeCoster Junior).