He was born on November 13, 1853, in Elmira, New York, the son of Newton Pomeroy Fassett and Martha Ellen (Sloat) Fassett. He attended the public schools of Elmira and graduated from the University of Rochester in 1875. He studied law at his father's firm, Smith, Robertson & Fassett, was admitted to the bar in 1878 and commenced practice in Elmira. He was District Attorney of Chemung County in 1878 and 1879. On February 13, 1879, he married in Sacramento, California, Jennie Louise Crocker (1860–1939), the daughter of Judge Edwin B. Crocker. Around this time Fassett became the proprietor of the Elmira Daily Advertiser. Afterwards he enrolled as a law student at Heidelberg University in Germany. He returned to Elmira in 1882 and began the practice of law.
After retiring from politics, he resumed his work in the banking and lumber business in Elmira. He died on April 21, 1924, in Vancouver, British Columbia, Canada, while returning from a business trip to Japan and the Philippines. He was an investor in various mines among which was the Oriental Consolidated Mining Corporation in Korea, which was managed by his cousin, Spokane politician and metallurgist Charles M. Fassett. He was buried at the Woodlawn Cemetery in Elmira.
The village of Fassett, Quebec, in Canada is named after him.
Fassett's Point
Located in Falmouth, Massachusetts, this 40-acre (160,000 m2) portion of land on the north side of West Falmouth Harbor is divided into two portions: 12 acres (49,000 m2) which comprise "Little Island" and the other 28 acres (110,000 m2) are known as "Greycourt." It was here on the 28 acres (110,000 m2) of Greycourt at the end of Little Island Road in Falmouth, Massachusetts, where Jacob and his wife Jennie Crocker Fassett built a large summer estate in 1916 - 1918. (The Fassetts had been spending their summers in Gloucester at Cape Ann but sold their estate there in 1916 for $225,000 in what was called "One of the largest real estate deals ever recorded on Cape Ann").[1] After his death and then that of his wife in 1939, the estate was put up for sale for $35,000. By 1941 it had still not sold and their children had the estate destroyed and the land divided. Some of his descendants still live on the land of this great estate.[2]
In 1916, Mr. and Mrs. Jacob Fassett donated $30,000 to Elmira College for the construction of a dining hall. It became the main dining hall in 1917. It is connected to the north arm of Cowles Hall. Jacob Fassett favored the name Crocker Hall, opposing the choice of Fassett Commons. When construction costs grew beyond expectations, the Fassetts donated an additional $10,000. Faculty members of the art department have their offices in Fassett Commons, which is listed on the National Register of Historic Places.
Fassett Family
Although Jacob Sloat Fassett and Jennie Crocker had several children (one of whom was a doctor), none of them went into politics like their father. Their most famous child was Jacob Sloat Fassett Jr. (1889–1973) or better known by his stage name as Jay Fassett who starred in several Hollywood films.[4] Jay Fassett had a son, Jacob Sloat Fassett, III (1913–2002) who, like his father Jay, graduated from Cornell and then went into the hotel business buying a 50-room hotel in upstate New York when he was just 26 years old.[5] Jacob Sloat Fassett, III lived his remaining years on what was left of the estate in West Falmouth. The Congressman and his son Newton Crocker Fassett were partners in mining ventures with Spokane mayor Charles M. Fassett, a cousin of Jacob Sloat Fassett.
Kaffe Fassett is a well-known artist and designer living in London. He is the great-grandson of Jacob Sloat Fassett.
Fassett Pennsylvania
This town is named after Jacob Sloat Fassett's grandfather, Philo Fassett.
^Candace Jenkins, Between the Forest and the Bay: A History of West Falmouth as Revealed in its Historic Buildings and Landscapes, Published by the West Falmouth Civic Association, 1998, p.124-129.