Elizabeth Gibson Hazard

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Elizabeth Gibson Hazard

Birthdate:
Death: 1882 (82-83)
Immediate Family:

Daughter of Rowland Hazard and Mary Hazard (Peace)
Sister of Isaac Peace Hazard; “Shepherd Tom” Hazard; Rowland Gibson Hazard; William Robinson Hazard; Isabella Wakefield Hazard and 3 others

Managed by: Stephanie Chamberlin
Last Updated:

About Elizabeth Gibson Hazard

Rowland Hazard (1763-1835) was the son of Thomas "College Tom" Hazard (1720-1798) and Elizabeth Robinson of South Kingstown, R.I. He entered a mercantile partnership in 1789 with his first cousin John Robinson Jr. (1767-1831) of Charleston, South Carolina. Peter Ayrault was admitted to the partnership in 1794, which then became known as Hazard, Robinson & Co. By 1796, business was being transacted under the name of Hazard & Ayrault. This partnership was dissolved around 1803. Hazard continued financing merchant voyages for most of his life, often trading with his older brother Thomas "Bedford Tom" Hazard Jr. (1758-1828). His trade was largely along the Atlantic coast and the Caribbean, with Charleston, New York and Rhode Island serving as hubs, and his cargo included everything from salt to spermaceti oil to cheese. Hazard seems to have been a substantial merchant, although not one of the largest of his day. He suffered serious financial setbacks around 1807, when several of his ships were captured by French privateers acting under the Decrees of Berlin and Milan.

           In 1802, Hazard began to invest in the textile industry, acquiring a half interest in a South Kingstown fulling mill, and in 1804 a carding machine in the same location. This was the beginning of the Narragansett Cotton Manufacturing Company. After 1810, Hazard's son Isaac P. Hazard came to play an important role in this business. In 1819, Isaac and another son, Rowland G. Hazard, took full control of this company and developed it into the Peace Dale Manufacturing Company, which became one of the dominant businesses in southern Rhode Island.

In 1819, Hazard settled in Pleasant Valley, N.Y. as his primary residence, where he resided until his death. He continued to travel frequently to South Kingstown and Charleston for both family and business reasons. He sold his financial interest in the business to his son Isaac in 1821.
Rowland Hazard married Mary Peace (1775-1852) in 1793. The village of Peace Dale was named in her honor. She was the daughter of merchant Isaac Peace and Elizabeth Gibson, who were both originally from Barbados, but settled in Charleston, S.C. Mary was raised in Charleston, and spent a year studying in London as a girl. Her family eventually relocated to Bristol, Pennsylvania, and the Hazards spent a great deal of time there. Mary was in Bristol almost exclusively from 1807 to 1820, helping to care for her aging father until his death. The nine children were also raised in Pennsylvania to a large extent. Mary and Rowland's children were as follows:
Isaac Peace Hazard (1794-1879), bachelor, active in mills.

Thomas Robinson "Shepherd Tom" Hazard (1797-1886), historian, spiritualist. Six children.

Elizabeth Gibson Hazard (1799-1882), spinster.

Rowland Gibson Hazard (1801-1888), two children, active in mills.

William Robinson Hazard (1803-), married, eight children

Joseph Peace Hazard (1807-1892), bachelor, spiritualist.

Isabella Wakefield Hazard (1809-1838), spinster

Mary Peace Hazard (1814-1874), spinster

Anna Hazard (1820-1905), spinster

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