Ebersole, J. Franklin (1885-1945)

Mennonite Weekly Review obituary: 1945 Jul 26 p. 3

Birth date: 1885

Noted Harvard Professor Died June 27 [sic 24]

PROF. J. FRANKLIN EBERSOLE A FORMER INSTRUCTOR IN GOSHEN COLLEGE

Belmont, Mass. — Members of the Harvard faculty and former students, as well as many friends, attended funeral services held at the Harvard chapel Wednesday, June 27, for Prof. J. Franklin Ebersole, 60, who died Sunday morning at his home, 104 Fletcher road.

Services were conducted by Dean Willard Sperry of the Harvard Theological School.

Professor Ebersole, who had made his home in Belmont for several years, was professor of banking and finance at the Harvard Graduate School of Bussiness [sic] Administration, and was eminent in banking profession throughout the country.

Besides his wife, Mrs. Blanche (Brenneman) Ebersole, he leaves two daughters, Mrs. Charles J. Gould, Jr., of Seattle, Wash. and Mrs. Walter F. Ames, Jr., of South Weymouth, and a son, Lt. (jg) Laurence D. Ebersole, who is now en route to the South Pacific, and three grandchildren. He also leaves two sisters, Miss Fanny T. Ebersole an Mrs. Carl A. Rasmussen of North Tonawanda, N. Y.

He was born in North Tonawanda, N. Y. In 1907 he was awarded the degree of Ph.B. with honors in political economy by the University of Chicago. he was awarded his A.M. degree at Harvard University in 1909.

After graduation from the University of Chicago, he instructed in history at Goshen College, and in 1909 became assistant instructor in public finance at Chicago. He was appointed a professor of economics by Marquette University in 1910, and a year later became assistant professor of economics at the University of Minnesota. In 1918 he was appointed professional lecturer on banking at the university.

From 1917 to 1920, he served as managing director of the State Deposit Bank in Minneapolis, Minn., and was assistant federal reserve agent of the Federal Reserve Bank in Minneapolis for seven years.

He began his association with Harvard as professor of finance in 1930, and in 1941 was appointed to the Converse chair in banking and finance which post he held until his death.

He was visiting lecturer at the Yale Law School, at Stanford University, and at the Pacific Northwest Banking School, and served as consulting economist to the Central Bank of Massachusetts for Cooperative Banks and the State Street Trust Company of Boston.

He was a member of the board of directors of the Banco National de Nicaragua and at one time was also a member of the code authority for savings buildings and loan associations.

He was a fellow of the American Academy of Arts and Sciences and a member of the Alpha Kappa Psi and author of a case book on bank management which was hailed nationally in the banking field. Belmont (Mass.) Citizen.