Astor Library him as president. After two years, in 1891, Thomas M. Markoe was chosen to the office, which he held until the 1895 consolidation. John Jacob Astor III, son of William B. and grandson of John Jacob Astor, died in 1890, having served as trustee since 1858 and as treasurer since 1868. By his will, $400,000 was left to the library. As William Waldorf Astor declined to fill the vacancy, the board ceased to have an Astor on it. At the time of consolidation the trustees, in order of seniority, were Markoe, Henry Drisler, John Lambert Cadwalader, Henry C. Potter, Stephen
John Jacob Astor, 1st Baron Astor of Hever son Gavin took over. In 1966, "The Times" was sold to Canadian newspaper tycoon, Roy Thomson. Astor served as the first chairman of the General Council of the Press, which was established in 1953. He resigned from the position in April 1955 due to ill-health. In addition to his newspaper business, John Jacob V served in politics, as Alderman of the London County Council between 1922 and 1925, and in the Parliament of the United Kingdom for 23 years as Unionist Member of Parliament (MP) for Dover from 1922 to 1945. On 21 January 1956 he was created Baron Astor