USS Sequoia -
Special Tribute Edition
Builder
and Owner History
Mathis
Yacht Building Co. ~ 1925 ~ Camden, New Jersey
Specifications: Designer: John Trumpy - Launched: 1925
- LOA: 104’ - LWL: 98' 11" - Beam: 19' - Draft:
4' 3" - Model: Houseboat - Power: Twin, 4 cylinder
7.5 X 8.5 Winton Gas Engines - Fuel: 1500 gallons/gasoline
- Speed: 14.6 MPH @ 850 RPMS - Hull: Long Leaf yellow
pine over oak - Displacement: 89.64 long tons.
Builder History: The
Mathis Yacht Building Company was incorporated in Camden,
NJ in 1910. The idea of V.P. John Trumpy, this division
was formed specifially to build luxury yachts and operated
independently from The John H. Mathis Shipbuilding Co.
For the next 29 years, this unit prospered by delivering
magnificent yachts and military craft during WWI and WWII.
In 1939, John Trumpy became president of the firm, and
in 1943 the company's name changed to John Trumpy &
Sons Inc. and shortly thereafter moved operations Gloucester
City, NJ. In 1947, Trumpy purchased Annapolis Yacht Yard,
Inc. subsequently relocating to Eastport, MD. thus gaining
direct access to Chesapeake Bay. For the next 27 years
this legendary company continued building and launching
grand yachts for the "Who's Who" of America.
These prominent clients included the duPonts, Cadwaladers,
Baruchs, Guggenhiems and the Cudahys, to mention a few.
In 1974, the company closed its doors due to a lack of
qualified wood workers and a variety of unfortunate circumstances.
Vessel History: Sequoia was launched in 1925 for Richard
Cadwaladar and sold to William Dunning in 1928. Beginning
her government service with U.S. Commerce Dept.in 1931,
the boat was transferred to the U.S. Navy and became Franklin
Roosevelt’s Presidential Yacht in 1933. Shortly
thereafter she was decommissioned but remained assigned
to the Secretary of the Navy still serving presidents
Hoover, Roosevelt, Truman, Eisenhower, Kennedy, Johnson
and Nixon. As ordered by President Carter, Sequoia was
sold at auction for $286,000 in 1977. Changing hands numerous
times, one of the most notable was the Presidential Yacht
Trust in 1980. Over the course of a number of years adequate
funding was never achieved. Consequently, in 1986 the
vessel was seized and held hostage for 10 years by a shipyard
for unpaid work totaling $3.5 Million. In 2000, the Sequoia
Presidential Yacht Group purchased the boat for $1.9 million.
The former presidential yacht operated as a charter vessel
available to presidents, official delegations and the
general public through 2011. In 2012 the yacht became
entangled in complex legal issues lasting until October,
2019. As of 2020, Equator Capital Group, Sequoia's new
owners, shipped the boat to Belfast, Maine to undergo
an estimated three-year restoration.