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 2+1⁄2-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. 1 2 3 4 5 6 7 8 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. 1 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. 1 2 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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