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Perry, Marsden J.

American, 1850 - 1935

Perry, Marsden Jasiel

Biography
Marsden Jasiel Perry was a financier, born November 2, 1850, in Rehoboth, Massachusetts, son of Horatio Nelson Perry and his wife, Malvina (née Wilson). He was a descendant of Anthony Perry, one of the original settlers of Rehoboth. In 1881 Perry organized the American Ring Traveler Co. in Providence, Rhode Island, and was president of the company until 1889. He became a pioneer in the electric light industry when he purchased the Narragansett Electric Lighting Co. with two assocoiates in 1884. He was active in the railroad industry as well, undertaking the development of an interurban system which comprised practically all of the lines in Rhode Island. In 1881 he became director of the Bank of America, which underwent a name change in 1894, becoming the Union Trust Co. of Providence. Perry was a collector of Chinese porcelains and Shakespeare antiquities. His colonial mansion in Providence contained a famous collection of Chippendale and Sheraton furniture. [Compiled from sources and references recorded on CMS]
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