Colgate Hoyt 1922
COLGATE HOYT DIES IN OYSTER BAY HOME Head of Stock Exchange House Was Long Prominent as a Railway Financier. AN ORGANIZER OF M.f K. & T. Former Prealdent of Ohio Society of New York to Be Burled In Cleveland, Hla Birthplace. Colgate Hoyt, aenior member of the Stock Exchange house of Colgate Hoyt r Co.. died at 1 o'clock yesterday morning morning at his country home. Centre Island, Oyster Bay. L. I., having been ill since New Tear's Day with a complication or ailments. At the bedside were his wife and four children of an earlier marriage: marriage: Colgate Jr.. Charles Sherman, Anne Sherman, and Ellxabeth Sherman Hoyt. all residents of this city. Funeral services will be held at the Centre Island home at 11 o'clock tomorrow tomorrow morning and will be conducted by the Rev. Dr. C. Woelfkln. pastor of the Fifth Avenue Baptist Church, of which Mr. Hoyt was for many years a Trustee. On Thursday the body will be taken to Cleveland for burial, when Bishop Leonard of the Baptist Church will officiate. The honorary pallbearers at the services services tomorrow will be Judge E. H. Gary. Charles M. Schwab. Ralph Peters, Frank D. Underwood. John D. Rockefeller Rockefeller Jr.. Dr. Walter Lambert, Austin B. Fletchir. George Bullock. W. H. Nichols Jr.. Franklin Remington. Nicholas Nicholas F. Brady. L. R. Lemoine and Dr. Leland E. Cofer. Special cars will be attached to the train, leaving tha Pennsylvania Pennsylvania Station tomorrow morning at fi o'clock. , Colgate Hoyt was born In Cleveland March 2, ' 1H49, a descendant of Simon Hoyt. who landed In Massachusetts In 12 and settled at Windsor, Conn. In 1881 he came to New York and became became associated with James B. Colgate Jb Co.. thereafter maintaining for many years an increasingly Important position in the affairs of Wall Street and railroad railroad transportation. After two years as Government director of the I Tnion Pacific Pacific and two more as company director director he resigned when Charles Francis Adams took the Presidency of the road. He hsd served on the Executive and Financial committees of the Northern Pacific, was Vice President of the North American Company for several yrs. also a Trustee of the Wisconsin Central. He helped reorganise the Missouri. Kansas Kansas A Texas, for a time holding the First Vice Presidency. The organisations of which he was formerly President owe much of their IM-escnt IM-escnt IM-escnt importance to his direction: the Ohio Society of New York, which gave a dinner in his honor three years ago, and the Automobile Club of America, which erected Its present clubhouse In Fifty-fourth Fifty-fourth Fifty-fourth Street in hla regime. His other clubs Included the i'n ion. League. Metropolitan. Piping Rock" and New York Yacht. He was also interested In Brown l llverslty where he built a large swimming pool. Mr. Hoyt first wife, whom he married married In 1KT3. was Llda W. Sherman of Cleveland, daughter of Judge Charles T. Sherman and niece of General W. T. Sherman. She died In 190" of Injuries received when struck by a swinging door In a hotel in Richmond. Va. On July 20. 1112. he married Mr. Katharine Katharine Sharp Cheesrhan. a widow, of 19 East Fifty-seventh Fifty-seventh Fifty-seventh Street, daughter of the late Judge Sharp of San Francises.