Lot 312: Railroad Business in 1885

East Coast Books

October 29, 2016, 4:00 PM EST
Wells, ME, US
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Description: Hamilton McKown Twombly (1849-1910) American businessman. He grew up in Boston and graduated from Harvard University in 1871. He worked as a financial advisor to William Henry Vanderbilt (1821-1885), President of the New York Central Railroad. He sat on the Boards of Directors of the Chicago & Northwestern Line, the Delaware Lackawanna & Western Line, the Chesapeake & Ohio Line, and the New Jersey Shore Line. He also sat on the Boards of Trustees of the Guarantee Trust Company and the Mutual Life Insurance Company. A signed typed letter dated 1885, 1-1/2 pages, to M.E. Ingalls, Cincinnati, Ohio. This letter is about railroad business. Melville Ezra Ingalls (18421914) the Massachusetts state legislator who went on to become president of the Cleveland, Cincinnati, Chicago and St. Louis Railroad (the Big Four Railroad). Ingalls also organized the Joint Traffic Association, which was shut down by the United States Supreme Court and co-founded the Cincinnati Technical School. Melville financed the construction of the Ingalls Building in Cincinnati, which was the world's first reinforced concrete skyscraper in 1903. The town of Ingalls, Indiana is named in his honor. VG.
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