PEABODY, GEORGE FOSTER
GEORGE FOSTER PEABODY (1852-1938). Peabody was a banker and a philanthropist. A meeting between Spencer Trask and Peabody led to the latter's becoming a partner in Spencer Trask and Company in 1881; during the 1890s they were a leading investment banking firm, financing numerous industries including railroads, sugar and electric lighting. In 1923, Peabody purchased the land at Warm Springs, Georgia and with Franklin D. Roosevelt developed the famed health center.