Hoyt, Jesse

Hoyt, Jesse

(1815–82) businessman; born in New York City. He worked as a grocery clerk until 1838 when he formed, with his father, James M. Hoyt & Son, a flour and grain commission house. At his father's death in 1854, the hugely successful business was renamed Jesse Hoyt & Co. Interested in developing the west, in 1851 he began buying large tracts of timberland in the Saginaw Valley of Michigan where he established a lumber company, a small town, and a ship yard. He discovered and mined the abundant salt deposits and promoted the development of several railroads in the western Great Lakes area.
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Three of the five suspects in the murder of West Hills 15-year-old Nicholas Markowitz - from left, Ryan James Hoyt, Jesse Taylor Rugge and, partially obscured, William R.