In a chaotic Galveston cotton market in the 1860s and 1870s, Col. Moody gained prestige as an honorable and principled businessman who grew to be influential among his peers because of his cool, clear-headed nature. Both charitable foundations are major forces in health care, education, historic preservation, and the arts.

At Rice University, one of the endowed chairs is for the W. L. Moody Jr. A "Moody Foundation Invests $50 Million in UT Austin College of Communication", https://en.wikipedia.org/w/index.php?title=William_Lewis_Moody_Jr.&oldid=984942768, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 October 2020, at 00:57. The merger later ended with Hilton taking back some of the hotels he had brought to the group. William Lewis Moody Jr. (January 25, 1865 – July 21, 1954)[1][2][3] was an American financier and entrepreneur from Galveston, Texas, who founded a private bank, an insurance company, and one of the largest charitable foundations in the United States. Over the last 5 years, insiders at National Western Life have traded over $238,200 worth of National Western Life stock. The Domestic Insurance Operations segment includes annuities, universal life insurance, and traditional life insurance, which include both term and whole life products.

Moody served one term, 1921–23, as treasurer of the city of Galveston. Shearn Moody Jr. (May 23, 1933 – June 25, 1996) was an American financier, entrepreneur, and philanthropist from Galveston, Texas.

We created this eBook for you, and it was made possible through the contributions of our members and supporters. reset. Section 107 related to Copyright and “Fair Use” for Non-Profit educational institutions, which permits the Texas State Historical Association (TSHA), to utilize copyrighted materials to further scholarship, education, and inform the public. Since then, the Moodys’ businesses have remained in family hands. The investigation would eventually lead to his conviction of bankruptcy fraud. Contacts, Department of Speech, Language, and Hearing Sciences, Stan Richards School of Advertising & Public Relations, Knight Center for Journalism in the Americas, Technology and Information Policy Institute, Wofford Denius UTLA Center for Entertainment & Media Studies. Phone: 512-471-5775 1322 Space Park Drive, Suite A248 Houston, Texas 77058 across from NASA and the Johnson Space Center, Brothers Face Off in Massive Galveston Lawsuit. The estimated Net Worth of Robert L Moody is at least $204 Million dollars as of 4 December 2018. He and his wife Libbie had four children – Mary Elizabeth, William Lewis III, Shearn and Libbie. When W. L. Jr. joined the family operation in 1886, the Moodys had already expanded into banking – first with the opening of Moody Bank and later through a merger with the National Bank of Texas. [6] [1] In 1905, he founded American National Insurance Company,[1][5][9] which, at the time of Moody's death, was the biggest one west of the Mississippi River. Moody was active in the day-to-day operations of his companies until two days before his death. It complains about, among other things, Robert’s business practices and expense account expenditures. In 1920 he established the American Printing Company of Galveston. And as the Galveston Regional Chamber of Commerce's director of special events, it's her … accessed November 03, 2020, The Moody Foundation is a charitable foundation incorporated in Texas and based in the island city of Galveston.It was chartered in 1942 by William Lewis Moody, Jr. and his wife Libbie Rice Shearn Moody "to benefit, in perpetuity, present and future generations of Texans." Through hard work and commitment to family, the Moodys established one of the most prosperous entrepreneurial and philanthropic legacies in the country and have come to represent the essence of Texas and the notion that learning and innovation can spark civic transformation. 3, 1951-1960. On average, Robert trades about 11,050 units every 190 days since 2010. [4] This dream was short lived, however, as in 1972 his own company ousted him after the federal government began investigating his business dealings. The Moodys understood they were only as good as their name, and instilled this lesson to their children. While not as active as his father in Democratic politics, he was involved in Pat M. Neff's bid for the presidential nomination in 1924 and was a member of the Texas delegation to the 1924 convention. Moody felt that the court system was corrupt and believed that his enemies used the legal system to try to steal his wealth and power; he claimed to have employed "several hundred" lawyers in various legal battles and even at one point hired nationally known lawyer Roy Cohn to help in his ongoing litigation problems. The most active insiders traders include Robert L Moody, Ross R Moody, and E Douglas Mc Leod. A [1][2][3] Moody was also the grandson of insurance and financial tycoon William Lewis Moody Jr.[4], Shearn Moody Jr., was born on May 23, 1933, to Shearn Moody Sr. and Frances Moody Newman in Galveston, Texas.

[11] He served as President of the bank until he died. Frances Moody's surname is synonymous with Galveston. The University of Texas has described the Galveston Moody family as “among the most distinguished Texas families”. A

He also asks the 122nd District Court in Galveston to award him money damages, including the amount of the fine. [2][3] Following that, he studied law at the University of Texas before going to work at his father's cotton business in Galveston in 1886. Robert then alleges that, in 2015, the company revealed for the first time that Brazilian authorities had imposed an approximately six billion dollar penalty against it, for the alleged unlawful sale of insurance in Brazil without a license. Robert L. Moody, Jr. is the Owner of Moody Insurance Group, Inc. (a privately owned insurance agency) founded by Mr. Moody in 1986.

As a result, Brazilian policy sales dramatically increased. Northen served as a foundation trustee until her death in 1986.

Moody was well known for eccentric behavior, such as building a slide from his bedroom window to a swimming pool, where he kept pet penguins, and wearing house slippers wherever he went. © 2018 by The Law Office of Phil Griffis. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. Frances Moody's surname is synonymous with Galveston.

reset. [2] Moody died at home in 1996, after suffering from years of chronic high blood pressure and kidney disease. More information can be found at the Moody Foundation website -  moodyf.org, 300 W. Dean Keeton (A0900)

may 27, 2020 moody foundation distributes laptops to graduating dallas moody scholars. “Aunt Jimmy” sues Galveston’s first family. All copyrighted materials included within the Handbook of Texas Online are in accordance with Title 17 U.S.C. They had four children, Mary Elizabeth (Mrs. E. C. Northen), William Lewis III, Shearn, and Libbie (who married Clark W. Thompson III). [5] His father died in 1936, while he was an infant. 1322 Space Park Drive, Suite A248 Houston, Texas 77058. Austin, TX 78712-1069 The Moody Family is well known throughout Galveston Island, Texas and is a strong supporter of community interests. He was heir to a financial empire as well as a convicted felon and originator of the Moody Gardens resort complex. Robert has made over 8 trades of the National Western Life stock since 2012, according to the Form 4 filled with the SEC.

In 1927, W. L. Moody Jr. also acquired the Galveston Tribune, the afternoon newspaper. According the website of the school’s Moody College of Communication, the “Moody's established one of the most prosperous entrepreneurial and philanthropic legacies in the country”. Font size: The TSHA makes every effort to conform to the principles of fair use and to comply with copyright law. No thank you, I am not interested in joining. Mary Moody Northen became the head of the family enterprises on her father's death. Col. Moody started the family business in the 1850s through cotton trading, and it was brought into the 20th century by his son, W. L. Moody Jr., who expanded their business with credit lending, banking and the development of a national insurance company.


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