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After two years, Barney moved to Philadelphia, where he married Laura E. Cooke, the daughter of prominent Philadelphia financier Jay Cooke, joining the firm of Jay Cooke & Company Following the collapse of his father-in-law's Philadelphia banking house, in 1873, Barney reorganized the firm as Chas.
Bonfanti was married to George Hoffman, whose father George I. Hoffman, was sued by Jay Cooke, McCullough & Co., in the New York Supreme Court in Brooklyn, New York, in December 1876.
Cooke returned to his duties as bank president and financier, suffering serious setbacks when Jay Cooke & Co. failed in the Panic of 1873 but continuing as the president of the First Washington National Bank until his death in 1881.
In 1950 school owner Abby Sutherland gave the property and all facilities to the Pennsylvania State University, including a painting by Thomas Moran, an artist to whom Jay Cooke had advanced money in 1873.