Morning journal and courier., 1892-06-03
LONG LIFE ENDED.

Ieath of Caleb ;. maAtDy-A SAesch | of His Career-His Enterprise and Rusiness SaEacity-His Large Ft- nanciaI Interests-Pioneer From Connecticut in the oyster Trade in Baltimore-Traits of Character.
 Caleb s. Maltby, for many years one of UT prominent and wealthy citizens, died l t his beautiful summer home in Green vich yesterday in his eighty-second year. lis life is another illustration of the truth | hat the door to great wealth by honorable | means is open to all in America. Starting l in life with only the capital which his in tellect and a sound body afforded, he &C., cumulated large fortune, leaving an es- tate estimated at from $2,5O0, 900 to $3,- 0OO, ,000, all of 1t the result of legitimate business effort and legitimate investments. He was a man endowed by nature with rare business sagacity; was an aggressive, business man and was invari- ably successful in all his undertakings. He began business life in Fair Haven, engaging in the oyster trade. In those days the oysters were largely brought here from Chesa- peake bay, opened here, and from here shipped to the various markets, chiefly in the west. MT. Maltby conceived the idea of having his business center directly in the great oyster producing regions, and removed his business to Baltimore. He was the pioneer in the oyster business in Baltimore from Connecticut. His busi- ness grew and prospered, and he rapidly made money. He established branch houses in various centers of what was then the west. Associated with him was MT. Holt, father of MT. Holt, the noted New York publisher. They bought land fin the different western towns and cities where they had branch houses, all of which proved a paying investment. MT. Holt, his partner, was killed in railroad accident while on business tour in the west, as some here yet remember. MT. Maltby continued in the oyster business with constantly in- creasing prosperity as time rolled on. Later he made very profitable investments of his surplus capital, with the result that he has for many years past been a large owner in valuable real estate in Baltimore, large owner in railroads and iron and coal mines in Pennsylvania, and also an extensive owner in the Salisbury iron mines in this state. He owned the Maltby house, one of the fine hotels of Baltimore. For years he lived in New Haven in the beautiful res- idence with fine grounds attached, onss Howe street, so well known to New Haveners as the Maltby residence. He etill owned this residence at the time of his death, although for several years past he had resided in New York in an elegant home there. His summers of late years he spent in Greenwich, where he had a beautiful suburban residence. He built the Maltby cottage at Savin Rock, one of the largest and finest at the shore, and for years, while resident here, this was his summer residence. He sold 1t few months ago to the Ansantawae club of New Haven gentlemen, who now occupy 1t. MT. Maltby was the architect of his own ! fortune in the full sense of the term. He l was a man who would attract attention as
 a man of affairs and influence, being tall | and commanding in appearance, of dignifed l carriage and mien, and his face and features
 bearing the stamp of intellectual yigor penetration and power of resource. ri HI, ! was withal very genial and companions
 ble man. He was an indefatigable worker l and especially so when there was work O. importance in hand. In hours of leisur,
 he was very entertaining man among hi friends.
 MT. Maltby was native of Foxon, Eas
 Haven. Ills father was DeGrasse Maltb,
 of that place.
 MT. Maltby was liberal giver and th
 amount he gave in the aggregate to charit,
 must have been large, but he gave quietly
 without ostentation, and generally bu
 few heard of it. One instance will illus
 trate the man in this respect
 One day just after he came into his offic'
 in Baltimore he called to one of his men, re
 questing him to go down to such stree (naming the place), where 8 woman wa
 standing beside her household goods weep ing bitterly. It was a case of ejectmen
 for non-payment of rent. MT. Maltby has
 noticed the case as he was passing alon,
 and soon afterward instituted inquirie
 which satisfied him that it was 8 case de
 serving of sympathy and aid. He sen
 his man to see the owner of the house ii
 question and find out what he would sel
 the place for, cash down. The price wa named and the man returned with the ar
 swer. Mir. Maltby in moment drew check and bought the premises. He the ordered the lady to reoccupy the premise and to give herself no uneasiness abou ) the rent until she was again able to pay. MT. Maltby was one of the men most ir strumental in founding the Fair Have Water company, contributing largely t E the funds for it and took quite person,
 interest in the enterprise.
 MT. Maltby was the owner up to withi
 a few weeks ago of the handsome schoone yacht Atlanta, which for several seasor l sailed under the flags of the New York all 3 | New Haven Yachts clubs.
 3 He leaves wife and two daughters { l mourn the loss of kind husband an . father. One of the daughters is MT 8 Townsend, wife of MT. Edward H. Tow 2 send of New York, brother of Hon. Jam M., Charles H. and George H. Townse1
 of this city; and the other is Mrs. Cop
 wife of MT. William A. Copp, a lawyer r New York.
 q Mir. Maltby's brother, Lucius Maltby l Fair Haven, died recently leaving larl D fortune.
 9 The remains will be brought to this ci e tomorrow afternoon and inferred in u b Evergreen cemetery. Services will Il held at the residence in Greenwich to-mo l. row at noon.