Thomas Nesbitt McCarter

(October 20. 1867 - October 23, 1955)


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From: Brill Magazine, Vol V, November 1911, No. 11

Thomas Nesbitt McCarter, president of the Public Service Corporation of New Jersey, was born in Newark, N. J. in 1867. His early education was received at Newark Academy and at Pingry School, Elizabeth. He graduated from Princeton University in 1888, and after studying law at Columbia Law School and in the office of his father, who was one of the recognized leaders of the American Bar, he became a member of the firm of McCarter, Williamson & McCarter, till 1899. He was judge of the First District Court, Newark, for the last three years of this period and wrote "McCarter's New Jersey District Court Practice." Retiring from the bench to represent Essex County in the State Senate, he was elected leader and afterward successfully managed a state campaign resulting in the election of a governor and another which led to the election of a United States senator. In 1902 Mr. McCarter became general counsel for the Fidelity Trust Company, one of the largest financial institutions in New Jersey, and about this time was appointed Attorney General of the State for a term of five years. The year following, he was chosen to serve on a committee with John I. Waterbury, Joh D. Crimmins, the late A. J. Cassatt and the late E. F. C. Young, for devising a plan to rehabilitate and develop street railway and other properties in New Jersey. This led to the organization of the Public Service Corporation of which he was prevailed upon to accept the presidency. Under his management the original combination of eight or ten railways and several gas and electric properties with a gross revenue in 1903 of $10,000,000.00 has grown to a $30,000,000.00 business serving 193 municipalities, having a combined population of over 2,000,000, with one or more forms public utilities. Mr. McCarter was elected president of the American Electric Railway Association last month.