Bio of HOY, William T., Hennepin Co., MN
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EXTRACTED FROM: History of Minneapolis, Gateway to the Northwest; 
Chicago-Minneapolis, The S J Clarke Publishing Co, 1923; Edited by: Rev. 
Marion Daniel Shutter, D.D., LL.D.; Volume I - Shutter (Historical); 
volume II - Biographical; volume III - Biographical

WILLIAM T. HOY - Vol II, pg 787-788
His position as president of the Northeast State Bank and as an officer and
important stockholder in the wholesale grocery firm of W. B. & W. G. Jordan at
once establishes the standing of William T. Hoy in the financial and commercial
circles of Minneapolis. Starting with no capital other than a good mind and the
willingness to apply himself to any work that his hands found to do, Mr. Hoy has
risen to a prominent place in the business in which he made his start and has in
addition branched out into other important fields of activity.
William T. Hoy is the son of William and Mary (Kelly) Hoy, and was born in this
city in the house at the corner of University avenue and Eighth avenue,
Northeast, which he now owns. His mother, who passed away in 1921, survived her
husband by eleven years. Mr. Hoy's uncle, familiarly known as Captain Mike Hoy,
will remain in the history of Minneapolis as one of its most picturesque
figures. His life was full of action. He served as police commissioner for the
city for years and it was in connection with his duties in this office that he
became the central figure in a controversy between Minnesota and Canada that
assumed international importance. A fugitive from justice succeeded in getting
across the border and took refuge in Winnipeg. With characteristic determination
to get his man, Captain Hoy proceeded to Winnipeg and arrested the man. The
Canadian authorities promptly arrested him, questioning his requisition papers,
and held him for about six months. During that time public opinion in Minnesota
rose higher and higher, relations with Canada grew, strained, and at last there
was a movement to send a regiment of soldiers to secure his release. At this
juncture the unwitting cause of all the difficulty was allowed to return to this
country. This was but one of the many dramatic episodes in Captain Hoy's life.
He was very popular and anecdotes relating to his experiences are frequently
told.
After his graduation from St. John's College in the class of 1881, Mr. Hoy
entered the employ of Anthony Kelly & Company, wholesale grocers, and has been
connected with this firm and its successor ever since. Determined to master
every important detail of the business, Mr. Hoy set himself to work with a will
and soon acquired an efficiency and skill that commended him to the officers of
the firm. When the original company was reorganized as the W. B. & W. G. Jordan
company, Mr. Hoy became a stockholder and an officer in the new concern and has
since been daily proving the value of the training he received at the bottom of
the ladder.
Mr. Hoy has not, however, confined his interest to this business or to the
general field of the grocery trade. He has developed in other directions and is
now a distinct factor in the financial circles of Minneapolis. In 1918 he
organized the Northeast State Bank and has been its president since its
incorporation. A year later he created the Northeast Investment Company, an
institution capitalized at one hundred thousand dollars, of which he has always
been the president. The steady and prosperous growth that these two institutions
have enjoyed is in no small measure due to the wise policies inaugurated by
their president, a man of constructive executive as well as organizing ability.
Mr. Hoy married Miss Agnes F. White, daughter of James White of this city. Mr.
and Mrs. Hoy have become the parents of three children: Inez, Edward and Agnes.
As one of the prominent business men of the city Mr. Hoy has always taken a deep
interest in the development of Minneapolis. He has ever given his hearty support
to the movements for her civic and industrial betterment and especially to the
work of the Civic & Commerce Association, and other similar organizations of
which he is a member. His social life centers in the associations of the
Minneapolis Athletic Club.