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John Wesley Hanes II
John Wesley Hanes II (April 24, 1892 - December 24, 1987) was an American investment banker and corporate turnaround specialist who served as Under Secretary of the United States Treasury and was President of the New York Racing Association and a Thoroughbred racehorse owner and breeder named an Exemplar of Racing.〔(New York Times - December 31, 1987 obituary for John W. Hanes )〕
==Family, education, military service==
Born in Winston-Salem, North Carolina, John Hanes II was the son of John Wesley Hanes and Anna Jannette Hodgin Hanes. His father was the founder of Shamrock Mills who was also a significant shareholder of Reynolds Tobacco Company through the sale of a tobacco business he had started.
John Hanes II was educated at the Woodberry Forest School in Madison County, Virginia and went on to graduate from Yale University in 1915. Financial management proved to be Hanes II's forte as it was for his elder brother, Robert March Hanes (1890–1959), a career banker who rose from the teller's job in 1919 at Wachovia Bank & Trust Co. to become its President in 1931, a position he held until his retirement in 1956.
John Hanes II married Agnes Mitchel in 1916 with whom he had four children.〔(New York Times - November 22, )〕 She died at their home in Rye, New York on September 19, 1935,〔(New York Times - September 20, 1935 )〕 In 1937 he remarried to Hope Yandell with whom he had a daughter.
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