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| Biographies & Obituaries | |||
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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.
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