Property Transfer
George W. Fairchild died in New York in 1924 and was buried in Oneonta as was Josephine. Their only son Sherman Mills Fairchild, an inventive genius followed in his father's financial footsteps and became one of the wealthiest men in the country before his death in the 70's. Upon the death of Mr. and Mrs. Fairchild in the early 1920's, the house was unoccupied except for a caretaker, until 1929 when it was purchased by Oneonta Lodge No.466 Free and Accepted Masons.
Sherman M. Fairchild, the son and heir, gave to the lodge the library, the expensive draperies and floor coverings, most of the furniture and the art objects that adorned the various rooms.