Indiana, Illinois and Iowa Railroad Co. Issued to and Signed by Hamilton McKown Twombly - Stock CertificateInv# AG2355 Stock
Divident transfer issued to and signed by H. McK. Twombly.
Hamilton McKown Twombly (August 11, 1849 – January 11, 1910) was an American businessman.
He was born on August 11, 1849 in Middlesex County, Massachusetts and grew up in Boston. He was the son of Alexander Hamilton Twombly (1804–1870) and Caroline (née McKown) Twombly (1821–1881). His siblings included Alexander Stevenson Twombly (1832–1907), Alice W. Twombly Jones (1848–1906), and Almina E. Twombly Sheldon (1851–1875).
Twombly attended and graduated from Harvard University in 1871.
Twombly 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 and Northwestern Railroad, the Delaware, Lackawanna and Western Railroad, the Chesapeake and Ohio Railroad, and the New Jersey Shore Line Railroad. He also sat on the Boards of Trustees of the Guarantee Trust Company and the Mutual Life Insurance Company.
In 1890, Abram Hewitt partnered with Edward Cooper and Hamilton M. Twombly in forming the American Sulphur Company. That company then entered into a 50/50 agreement with Herman Frasch and his partners to form the Union Sulphur Company.
In 1892, Twombly and his wife were both included in Ward McAllister's "Four Hundred", purported to be an index of New York's best families led by Mrs. Astor, as published in The New York Times. Conveniently, 400 was the number of people that could fit into Mrs. Astor's ballroom.
In spring and fall, Twombly and his wife resided at Florham (a combination of "Florence" and "Hamilton") in Florham Park, New Jersey; it is now "Florham Campus" a building of Fairleigh Dickinson University. They summered at Vinland Estate in Newport, Rhode Island and they wintered at 684 Fifth Avenue in Manhattan
He was a member of the Metropolitan Club, the Tuxedo Club, the Union Club of the City of New York, the City Club, the New York Yacht Club, the Transportation Club, Turf and Field and the Somerset Club of Boston.
- Alice Twombly (1879–1896), who died at the age of sixteen on the eve of her society debut.
- Florence Vanderbilt Twombly (1881–1969), who married William Armistead Moale Burden (1877–1909), son of I. Townsend Burden and grandson of Henry Burden, in 1904.
- Ruth Vanderbilt Twombly (1884–1954), who took over management of the Twombly estate after her father's death.
- Hamilton McKown Twombly, Jr. (1887–1906), who drowned in an accident at age 18.
Twombly died on January 11, 1910, in Madison, New Jersey, after an extended illness. According to his obituary, his death was caused by "cancer and a broken heart" over the death of his son. His funeral took place at Saint Thomas Church in New York, with a sermon by David H. Greer (1844–1919), and the banker J. P. Morgan (1837–1913) was one of the pallbearers. He was buried in the Woodlawn Cemetery in The Bronx. He left the majority of his estate to his wife.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.