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Obituary: Daniel P. Davison

Daniel P. Davison
A lifelong resident of Locust Valley, Daniel P. Davison of Peacock Point, died on Aug. 25, at the age of 85. Mr. Davison was the retired chairman of the U.S. Trust Co. of New York founded in 1853, but the financial lineage of the Davison family goes back to a distant relative, George Peabody, who founded the banking firm in the 1830s that later merged with the firm of Junius Spences Morgan, the father of J.P. Morgan.

It was at this institution that Mr. Davison made his deepest mark. By economizing on tea carts and elaborate flower sprays for which the company was famous, he added half a cent a share to the stock. In an effort to show the company’s willingness to serve clients, Mr. Davison offered to walk wealthy clients’ pet poodles and in 1982 Edwina Sandys, Winston Churchill’s daughter, was commissioned to create a sculpture of a dog walker in front of the company’s headquarters.

In later years, Mr. Davison had prominent positions at Christie’s and the Burlington Northern Santa Fe Railroad. He was a trustee emeritus and past vice chairman of the Metropolitan Museum of Art and numerous charitable and civic organizations. Mr. Davison attended Groton School that was founded by his grandfather, Rev. Dr. Endicott Peabody. Rev. Dr. Peabody also served as its headmaster for 56 years. His father, F. Trubee Davison, was an assistant secretary of war during the Coolidge and Hoover administrations. The recently restored Locust Valley Library cannon was donated by Mr. Davison’s father in 1919.

During WWII, Mr. Davison flew a B-17 Bomber. After the war, he resumed his studies and graduated from Yale. He obtained his law degree from Harvard Law School in 1952.

He is survived by his wife of 57 years, Katusha; his children, Daniel P. Davison Jr., George (Judith Rivkin) and Harry Davison (Kristina Perkin). He was the grandfather of Daniel P. III, Hollie and Max, Samuel and Alice, Olympia and Harry P. III.

Private funeral services were held at St. John’s of Lattingtown. Arrangements by Dodge-Thomas Funeral Home, Glen Cove. A memorial service at Grace Church in Manhattan will be announced at a later date. In lieu of flowers, donations may be made to the North Shore Land Alliance or St. John’s of Lattingtown.