Charles Phelps Williams (1804-1879) was a wealthy shipowner and businessman in Stonington. A ship master by 1825, he was soon involved in seal fishery and, when the sealing industry declined, he turned to whaling. According to Hurd’s History of New London County (1882), Charles P. Williams
was one of the largest individual ship-owners engaged in that important pursuit. With its decadence he withdrew from active commercial life, and was one of the first corporators under the State laws of the Ocean Bank of Stonington, of which he was elected president, and whose immediate and continued prosperity was largely due to his admirable management. In 1856 he went to Europe with his family, and resigned the presidency, but on his return he was elected first director, a position which he retained in the reorganization of the bank as the First National.
Mr. Williams took an active part in the building of the Providence and Stonington Railroad, and was for many years president of that corporation.
His keen business foresight had at an early period in the development of the West convinced him of its importance and future greatness, and he became largely interested there. The management of his accumulating property occupied the later years of his life, and he withdrew entirely from active business. I In 1878 the severe strain of a life of intense mental activity culminated in failing health, and on Oct. 28, 1879, he died of a rupture of a blood-vessel in the brain. […]
One of the most marked features of his personal character was the thorough simplicity of his life. He never sought office of any kind. A man of distinguished and commanding presence, of most courteous and polished manners, he was averse to all ostentation and avoided public life. His integrity was spotless, and in the management of all the vast interests which he controlled, with the innumerable attendant possibilities of error, his reputation stood always above reproach. A man of generous impulse, his charities were as unostentatious as his life, and in his death the poor lost a true and a liberal friend, and the State an upright and valued citizen.
In 1840, his homestead on Water Street was moved to 39 Main Street, where it was remodeled in the Greek Revival style and enlarged with two side wings.