Horace B. Pomeroy

Horace Burton Pomeroy (June 3, 1879 – January 24, 1957) was an American broker and investment banker with Schoellkopf, Hutton & Pomeroy.

Early life

Pomeroy was born on June 3, 1879, in Troy, Pennsylvania. He was a son of Charles Burton Pomeroy (1839–1921) and Sophia (née Webber) Pomeroy (1841–1905).[1]

He attended the Lawrenceville School in Mercer County, New Jersey before attending Yale University where he graduated with a B.A. degree in 1903 and an M.A. degree in 1906.[2]

Career

In 1912, Pomeroy became the Rochester, New York representative of Harris, Forbes & Co. of New York City, the investment banking affiliate of Harris Bank that was incorporated in 1911.[3]

On January 1, 1921, Pomeroy withdrew from Harris Forbes & Co., as Western New York manager, in charge of their Buffalo office, to join Schoellkopf, Hutton & Co. (founded in Buffalo in 1919), which then became Schoellkopf, Hutton & Pomeroy. They became one of the "strongest investment banking houses between New York and Chicago. The active members of the firm consisted of Jacob F. Schoellkopf Jr., Russell J. H. Hutton,[4] and Pomeroy.[1] He served as treasurer, secretary and a member of the board of directors. In 1930, he received an annual salary of $20,000 per year and owned 600 shares of the company.[5] Pomeroy also served as vice president and a director of the Niagara Share Corporation of Maryland (a holding company for the Schoellkopf family utility interests in various entities including the Niagara Falls Hydraulic Power and Manufacturing Company).[5]

In 1960, after his retirement and later death, the investment banking activities of the Schoellkopf, Hutton & Pomeroy merged with the New York City based firm Dominick & Dominick.[6]

Personal life

On November 17, 1909, Pomeroy was married to Ethel Josephine Braman (1882–1931),[7] a daughter of Josephine Adele (née Clark) Braman and Chester Alwyn Braman of New York City, president of A.D. Julliard Co.[8] Together, they resided at 550 Lafayette Avenue in Buffalo,[lower-alpha 1] and were the parents of four children:[1][10]

  • Horace Burton Pomeroy Jr. (b. 1910)[1]
  • Lawrence Pomeroy (1913–1992),[1] a prominent lawyer who married Aloyise Haskins.[11][12][13]
  • Josephine Adele Pomeroy (b. 1919)[1]
  • Braman Pomeroy (1920–2003),[1] the president of Lexington Wood Products Corp.; he married Janet Fuller and, after her death c. 1990, he married Marion Flemming.[14]

He was a member of the Buffalo Club, the Ellicott Club, the Yale Club of New York City and was an elder of the North Presbyterian Church of Buffalo.[1]

Pomeroy died on January 24, 1957, in Vero Beach, Florida.[2]

References

Notes

  1. Pomeroy's home at 550 Lafayette Avenue in Buffalo was built in 1906 for Adolph Spangenthal and is "s a unique example of a two-and-one-half story, urban, brick mixed Second Empire styled residence with high detail." Today, it is a contributing building of the Richmond Avenue - Ashland Avenue Historic District.[9]

Sources

  1. Pomeroy, Albert Alonzo (1922). History and Genealogy of the Pomeroy Family: Colateral Lines in Family Groups, Normandy, Great Britain and America; Comprising the Ancestors and Descendants of Eltweed Pomeroy from Beaminster, County Dorset, England, 1630. Franklin printing and engraving Company. Retrieved 14 October 2021.
  2. "HORACE B. POMEROY". The New York Times. 25 January 1957. Retrieved 15 October 2021.
  3. "Alumni Notes". The Yale Alumni Weekly: 476. 1912. Retrieved 15 October 2021.
  4. TIMES, Special to THE NEW YORK (23 March 1947). "RUSSELL J.H. MUTTON; Board Chairman of Investment Brokerage Firm in Buffalo". The New York Times. Retrieved 15 October 2021.
  5. Supreme Court Appellate Division-Fourth Department. Retrieved 15 October 2021.
  6. "Schoellkopf, Hutton & Pomeroy To Merge With Dominick Firm". The New York Times. 19 February 1960. Retrieved 14 October 2021.
  7. "Deaths". The New York Times. 28 November 1931. Retrieved 15 October 2021.
  8. "SUES FOR $2,000,000 OF BRAMAN ESTATE; Widow, in Dispute With Two Stepchildren, Claims Trust Fund of Child Who Died. DEFENDANTS SEEK SHARE Suit Involves One-fifth of Fortune Left by the President of A.D. Juilliard & Co. Own Son Also a Defendant. Will Probated in New Jersey". The New York Times. 11 May 1930. Retrieved 15 October 2021.
  9. Intensive Level Historic Resources Survey. City of Buffalo. Retrieved 15 October 2021.
  10. New York Supreme Court. p. 12. Retrieved 15 October 2021.
  11. "Lawrence Pomeroy, A Retired Lawyer, 79". The New York Times. 30 June 1992. Retrieved 15 October 2021.
  12. "Aloyise Pomeroy, 95". Block Island Times. July 31, 2015. Retrieved 15 October 2021.
  13. "Aloyise Pomeroy". The Newport Daily News. August 3, 2015. Retrieved 15 October 2021.
  14. "BRAMAN POMEROY, BUSINESS EXECUTIVE". The Buffalo News. January 7, 2004. Retrieved 15 October 2021.
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