Herman LeRoy


Herman LeRoy was an American merchant, shipowner and banker.

Early life

He was born on January 16, 1758, in New York City in what was then the Province of New York, a part of British America. He was the son of Jacob LeRoy and Cornelia LeRoy. Among his siblings were Mary Ann LeRoy, Jacob Leroy, Robert Leroy and Elizabeth. His father, who was born in Rotterdam, was a merchant and alderman of New York City.
His paternal grandparents were Daniel Leroy and Ingenatia Le Roy. His maternal grandparents were Hermanus Rutgers III and Elizabeth Rutgers. His mother was a first cousin of New York State Assemblyman Henry Rutgers and Samuel Provoost, the first Bishop of the Episcopal Diocese of New York, among others.

Career

In 1786, he was consul-general for Holland. In 1788, he went into business with his wife's brother-in-law, William Bayard Jr., and founded LeRoy, Bayard & Co. which later became LeRoy, Bayard & McEvers when he introduced his brother-in-law, Julian McEvers. It again became LeRoy, Bayard & Co. after McEver's death. The firm was one the largest commercial house in New York City, shipping goods and trading product throughout the world. By 1792, LeRoy and Bayard represented the Holland Land Company, which owned roughly 3 million acres of land in Western New York, and between the two of them, they owned 300,000-acres. In 1813, he founded the town of LeRoy in Genesee County which was incorporated in 1834.
A director of the Bank of the United States, following the death of Nicholas Gouverneur, he was elected president of the Bank of New York in 1802, a position he held until 1804.

Personal life

On October 19, 1786, LeRoy was married to Hannah Cornell, a daughter of Susannah Cornell and Loyalist Samuel Cornell, a descendant of settler Thomas Cornell. Hannah's father died in 1781 in British-controlled New York, having moved there from North Carolina after 1777 after refusing to take the Oath of Allegiance to the new United States. Her sister, Elizabeth Cornell, was the wife of William Bayard Jr. They lived at 4 Bowling Green before moving to 7 Broadway where he built a white marble house. He also owned a country home in Pelham, New York, where his daughter, Caroline, married Daniel Webster. He was one of only 15-New Yorkers who then owned a carriage. Together, they were the parents of had ten children who survived to adulthood, including:
LeRoy died on March 31, 1841, in New York City.

Descendants

Through his daughter Catharine, he was a grandfather of Thomas Haines Newbold and great-grandfather of New York State Senator Thomas Newbold.
Through his son Jacob, he was a grandfather of Charlotte LeRoy and great-grandfather of music critic Reginald De Koven.