Combined families — Newspaper investor
This is the latest in an occasional series of posts about the daughters of Samuel Pruyn and their families that lived in the three houses that now are the campus of The Hyde Collection art museum in Glens Falls.
The myriad business interests of Louis Hyde, husband of Charlotte, included part owner of The Post-Star and Glens Falls Times beginning in 1928.
Like many of his investments, the motivation was oriented more around community interest than personal financial gain.
Hyde was part of a group of six local investors that purchased the majority share of stock in Glens Falls Post Co., publisher of the morning and afternoon daily newspapers, from long-time publisher J. Irving Fowler, who was retiring, The Post-Star reported on April 12, 1928.
Fowler had been associated with The Post-Star for 22 years, the past 15 years as general manager.
The local investors had approached Fowler and offered to match a purchase offer from “outside interests,” The Post-Star reported.
“This I was very glad to do and it is particularly pleasing to me that my stock is going into such good hands. I am sure that the public in general will be well pleased with this transaction.”
The six investors became a board of directors that managed The Post-Star and Times, with J. Edward Singleton, a lawyer, as president, and Artur P. Irving, business manager and investor, as secretary.
The other investors and board members were:
Louis P. Brown, executive with Glens Falls Insurance Co.; Arthur W. Sherman, president First National Bank of Glens Falls; George F. Bayle Sr, president Glens Falls Portland Cement Co.
In other historical Combined Families news:
On Dec. 30, 1921 The Post-Star reported that Louis Hyde was elected president of the Glens Falls Council of Boy Scouts of American.
Click here to read the most recent previous post in the series.