Godfrey M. Hyams (1859–1927) was an American

metallurgist Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are known as alloys. Metallurgy encompasses both the sc ...

civil engineer A civil engineer is a person who practices civil engineering – the application of planning, designing, constructing, maintaining, and operating infrastructure while protecting the public and environmental health, as well as improving existing ...

financier An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...

, and

philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...

Early life

Hyams was born in

Baltimore Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...

, Maryland. His family moved to

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

, Massachusetts while he was a child. He graduated from Boston English High School and attended

Harvard College Harvard College is the undergraduate college of Harvard University, an Ivy League research university in Cambridge, Massachusetts. Founded in 1636, Harvard College is the original school of Harvard University, the oldest institution of higher lea ...

, where he graduated in 1881.

Career

Hyams became an investment banker based in Boston and specialized in natural resources. He was responsible for the growth of such companies as the

Anaconda Mining Company The Anaconda Copper Mining Company, known as the Amalgamated Copper Company between 1899 to 1915, was an American mining company headquartered in Butte, Montana. It was one of the largest trusts of the early 20th century and one of the largest mi ...

. In the early twentieth century, he was the principal financial manager for the construction of the

Deepwater Railway The Deepwater Railway was an intrastate short line railroad located in West Virginia in the United States which operated from 1898 to 1907. William N. Page, a civil engineer and entrepreneur, had begun a small logging railroad in Fayette County ...

West Virginia West Virginia is a state in the Appalachian, Mid-Atlantic and Southeastern regions of the United States.The Census Bureau and the Association of American Geographers classify West Virginia as part of the Southern United States while the Bur ...

and the

Tidewater Railway The Tidewater Railway was formed in 1904 as an intrastate railroad in Virginia, in the United States, by William N. Page, a civil engineer and entrepreneur, and his silent partner, millionaire industrialist Henry Huttleston Rogers of Standard Oil f ...

Virginia Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...

, which were combined in 1907 to form the

Virginian Railway The Virginian Railway was a Class I railroad located in Virginia and West Virginia in the United States. The VGN was created to transport high quality "smokeless" bituminous coal from southern West Virginia to port at Hampton Roads. History ...

(VGN), completed in 1909. The new railroad, ostensibly headed by coal mining manager

William Nelson Page William Nelson Page (January 6, 1854 – March 7, 1932) was an American civil engineer and industrialist. He was active in the Virginias following the U.S. Civil War. Page was widely known as a metallurgical expert by other industry leaders a ...

Ansted The Ansted was an American automobile; successor to the Lexington and the Ansted-Lexington, it was manufactured from 1926 to 1927. Following the sale of the Lexington plant in Connersville, Indiana Connersville is a city in Fayette Cou ...

, West Virginia, was financed almost entirely from the personal fortune of a

silent partner A silent partner is one who shares in the profits and losses of a business, but is not involved in its management. Silent partner or Silent Partners may also refer to: Arts and entertainment * ''Silent Partner'', a 2005 film starring Tara Reid ...

, industrialist

Henry Huttleston Rogers Henry Huttleston Rogers (January 29, 1840 – May 19, 1909) was an American industrialist and financier. He made his fortune in the oil refining business, becoming a leader at Standard Oil. He also played a major role in numerous corporations a ...

, a native of Fairhaven, Massachusetts. It opened up major new areas of

bituminous coal Bituminous coal, or black coal, is a type of coal containing a tar-like substance called bitumen or asphalt. Its coloration can be black or sometimes dark brown; often there are well-defined bands of bright and dull material within the seams. It ...

in some of the most rugged terrain in southern West Virginia for shipment to

Hampton Roads Hampton Roads is the name of both a body of water in the United States that serves as a wide channel for the James River, James, Nansemond River, Nansemond and Elizabeth River (Virginia), Elizabeth rivers between Old Point Comfort and Sewell's ...

, where a new

coal pier A coal pier is a transloading facility designed for the transfer of coal between rail and ship. The typical facility for loading ships consists of a holding area and a system of conveyors for transferring the coal to dockside and loading it into t ...

was built at

Sewell's Point Sewells Point is a peninsula of land in the independent city of Norfolk, Virginia in the United States, located at the mouth of the salt-water port of Hampton Roads. Sewells Point is bordered by water on three sides, with Willoughby Bay to th ...

. Godfrey M. Hyams remained an officer of the Virginian Railway for the rest of his life. He married Mary Wilson Hyams, and she died in Boston on May 15, 1934. Hyams died in Boston on October 7, 1927.

Legacy

He left the bulk of his estate in trust for charitable purposes. It was one of the largest philanthropic gifts ever made in Massachusetts. His funds and those of a sister were combined later, and are now handled by

The Hyams Foundation ''The'' () is a grammatical Article (grammar), article in English language, English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite ...

, Inc.

References

{{DEFAULTSORT:Hyams, Godfrey M. Businesspeople from Boston Harvard College alumni American businesspeople in the oil industry Founders of the petroleum industry 20th-century American railroad executives American philanthropists 1859 births 1927 deaths 19th-century American businesspeople