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Phineas Prouty

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Phineas Prouty (November 8, 1827 – July 2, 1891) was a wealthy American merchant from Geneva, New York.

Early life

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Prouty was born on November 8, 1827, in Geneva, New York. He was the youngest of four children of Phineas Prouty (1788–1862) and Margaret Matilda (née Van Vranken) Prouty (1795–1830).[1] His father had been born in New Hampshire but grew up in Newport, Vermont, before moving to Schenectady, where his older brother had a hardware business, serving in the War of 1812, and settling in Geneva by 1815, opening a copper, tin, and sheet iron factory.[2] One sister, Harriet Prouty, was the wife of New York State Comptroller Thomas Hillhouse,[3] and another, Sarah Augusta Prouty, was the wife of banker Alexander Lafayette Chew.[4]

Prouty was trained in law and admitted to the bar, but never practiced.[5]

Career

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In the 1850s, Prouty took over his father's hardware business although he did not enjoy the merchant business.[5] In April 1864, after his father's death, Prouty and his brother-in-law Chew sold the hardware business to Underhill & Bellows while Prouty retained his family's Seneca Street building. He used his inheritance to invest in several companies, including the First National Bank of Geneva, the Geneva Saving Bank, the Geneva Optical Company, the Geneva and Ithaca Railroad, Geneva Water Works Co., Phillips and Clark Stove Co., and the Geneva Preserving Company.[6][7]

In 1881, Prouty was a founding trustee of the Metropolitan Trust Company in New York City which was organized by his brother-in-law Gen. Thomas Hillhouse,[8] who had just resigned as the Assistant Treasurer of the United States in New York City (following eleven years in that position after being appointed by President Ulysses S. Grant in 1870.[9] Hillhouse served as president until his death in July 1897 when he was succeeded by Brayton Ives.[10]

Personal life

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On September 18, 1855, Prouty was married to Adelaide "Kit" Cobleigh (1835–1900), a daughter of Andrew Mattison Cobleigh and Wealthy Ann (née Bartlett) Cobleigh.[5] Together, they were the parents of:[1]

Prouty died of asthma on July 2, 1891.[1]

References

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  1. ^ a b c d e f g h Prouty (Proute) Genealogy. C. H. Pope. 1910. pp. 75–76, 124–126, 171. ISBN 978-0-598-99860-6. Retrieved 14 April 2022.
  2. ^ "Phineas Prouty Sr and His Family Legacy Part I". historicgeneva.org. Historic Geneva. 2 July 2021. Retrieved 18 April 2022.
  3. ^ Hillhouse, Margaret Prouty (1924). Historical and Genealogical Collections Relating to the Descendants of Rev. James Hillhouse. T. A. Wright. pp. 223, 298. Retrieved 26 October 2021.
  4. ^ Stone, Desmond (25 April 1996). Alec Wilder in Spite of Himself: A Life of the Composer. Oxford University Press. ISBN 978-0-19-535728-8. Retrieved 18 April 2022.
  5. ^ a b c "Phin and Kit: The Prouty Family Legacy Part II". historicgeneva.org. Historic Geneva. 8 October 2021. Retrieved 18 April 2022.
  6. ^ "The Next Generation: The Prouty Family Legacy Part III". historicgeneva.org. Historic Geneva. 26 December 2021. Retrieved 18 April 2022.
  7. ^ Aldrich, Lewis Cass; Conover, George Stillwell (1893). History of Ontario County, New York. D. Mason & Company. pp. 38, 272–275, 280, 330. Retrieved 18 April 2022.
  8. ^ "THE NEW TRUST COMPANY.; BUSINESS TO BEGIN TO-MORROW--DEPOSITS ALREADY RECEIVED". The New York Times. 27 November 1881. Retrieved 26 October 2021.
  9. ^ "GEN. HILLHOUSE RETIRES" (PDF). The New York Times. November 19, 1881. Retrieved 26 October 2021.
  10. ^ "CORPORATION ELECTIONS.; Brayton Ives Now President of the Metropolitan Trust Company". The New York Times. 13 January 1898. Retrieved 26 October 2021.
  11. ^ Hamersly, Lewis Randolph; Leonard, John W.; Mohr, William Frederick; Holmes, Frank R.; Knox, Herman Warren; Downs, Winfield Scott (1924). Who's who in New York City and State. L.R. Hamersly Company. p. 571. Retrieved 18 April 2022.
  12. ^ Farrow, Barbara Alyce (1962). "The History of Bryn Mawr, 1683-1900". Bryn Mawr College. Retrieved 18 April 2022.
  13. ^ "MRS. ANNA M. BEDDALL". The New York Times. 2 November 1943. Retrieved 18 April 2022.
  14. ^ "UPHOLDS MRS. BEDDALL.; Court Refuses to Dismiss Her Suit for Separation". The New York Times. 25 June 1919. Retrieved 18 April 2022.
  15. ^ Dunn, Harriet Nancy; Dunn, Eveline Guthrie (1898). Records of the Guthrie Family, of Pennsylvania, Connecticut, and Virginia: With Ancestry of Those who Have Intermarried with the Family. H. N. and S. L. Dunn. p. 106. Retrieved 18 April 2022.
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