Edward Townsend "Ned" Stotesbury (February 26, 1849 – May 16, 1938) was a prominent investment banker, a partner in Philadelphia's Drexel & Co. and its New York affiliate J. P. Morgan & Co. for over fifty-five years.
One of the significant services which he performed in the course of his business career was assisting in the floating of the International Chinese Loan of 1909.
[3] They went on to build three palatial estates: In 1927, Stotesbury's fortune was estimated at $100 million ($1.8 billion today).
Stotesbury died at eighty-nine on May 21, 1938, in Wyndmoor, Pennsylvania and was buried in The Woodlands Cemetery in Philadelphia.
[7] Edward and Eva Stotesbury are characters in the Stephen Sondheim musical Road Show (2008).
The land on which Whitemarsh Hall was built was developed into a town house complex named after Stotesbury.
His third daughter, Frances Butcher Stotesbury (November 7, 1881 – October 14, 1950), married John Kearsley Mitchell on January 5, 1909.
On February 14, 1922, his stepdaughter, Henrietta Louise Cromwell, a divorcee with two children, married General of the Army Douglas MacArthur.