Colgate Hoyt

Hoyt was born on March 2, 1849 in Cleveland, Ohio. He was one of six children born to Mary Ella (née Beebe) Hoyt (1814–1890) and Dr. James Madison Hoyt (1815–1895), a Baptist minister, lawyer, businessman and author. Among his siblings was Wayland Hoyt, who was also a Baptist minister and author. He was a descendant of Simon Hoyt, who landed in Massachusetts in 1628 and settled in Windsor, Connecticut, and Walker Hoyt, who was one of the first settlers of Norwalk.[1]

Hoyt attended public schools in Cleveland before attending the Phillips Academy in Andover, Massachusetts. He abandoned school due to his father's ill health, going into this father's law offices, before entering real estate.[1]

In 1881 he came to New York and became affiliated with James B. Colgate & Co. (James Boorman Colgate was his uncle by marriage) For many years thereafter, he was a prominent financier in New York on Wall Street who specialized in railroad transportation. He later became a partner of Colgate, Hoyt & Co. in which he was active in the organization and finance of many businesses.

He was a director of the Oregon Railway and Navigation Company, and one of the founders of Everett, Washington, where a main street is named after him.

In 1873, he was married to Lida Williams Sherman (1853–1908), the daughter of Charles Taylor Sherman and niece of William Tecumseh Sherman.[2] Together, they were the parents of four children:

• Anne Sherman Hoyt (1875–1951), who served with the American Red Cross in France during World War I.[3]
• Charles Sherman Hoyt (1879–1953)[4]
• Colgate Hoyt Jr. (1883–1963), a banker who served as administrative office of New York headquarters of the Selective Service.[5]
• Elizabeth Sherman Hoyt (1885–1954),[6] who married the British diplomat Sir Ronald Lindsay, the fifth son of James Lindsay, 26th Earl of Crawford, in 1924.[7]

After the death of his first wife in 1908,[2] he was married to the former Katherine Sharp (1879–1972) at Wood Manse in Greenwich, Connecticut in 1912. Katharine, who was previously married to George Scott Cheeseman, was a daughter of Judge Solomon A. Sharp, a California Assemblyman and Senator.[1] In New York City, his residence was at 121 Madison Avenue and Hoyt's country estate was a 46 acre parcel known as Eastover that was located on New York's Centre Island.[8]

Hoyt died on January 30, 1922 at his home in Oyster Bay, New York.[9] After his death, his widow remarried to geologist Charles Page Perin in 1925.

Wikimedia Commons has media related to Colgate Hoyt.

• Colgate Hoyt at Find a Grave