Macondray, Frederick William, 1840-1885.

Frederick Macondray, Sr. (1803-1862), born in Mass., became a sailor in his boyhood, becoming a ship's captain by the age of 21. During the Gold Rush, he came to San Francisco and established the commission house Macondray & Co. in 1849 with partners James Otis and R.S. Watson. The company also served as one of the earliest banking facilities in San Francisco. After Macondray's death in 1862, his son, Frederick W. Macondray, Jr. (1840-1880) ran the company with James Otis. After Otis' death in 1875, Macondray, Jr. took over the company.