Lyman J. Folsom, born in Bombay in 1836, located at Trout River in 1853, and a few years later engaged in merchandising
there in company with his father-in-law, Augustus Martin. The business did not prosper, and the firm had to make
an assignment during the civil war. Afterward Mr. Folsom opened a store of his own, and did an immense business
both in merchandising and in speculating in livestock and farm products; but misfortune again overtook him, and
he again assigned. In 1876 he removed to Malone, where he conducted a livery business, and was elected sheriff
in 1878 and again in 1884, carrying Malone by nearly a thousand majority, and the county by correspondingly large
figures. Owing to his liberality to the poor, and to losses sustained in business, he became involved again financially
in 1887, and, as though even then foreseeing the end, declared a year or two previously to friends that he would
prefer to die rather than again go through bankruptcy. In March, 1887, after settling every account that he had,
with Malone creditors, he drove one day to Trout River, and there committed suicide. No man in the county was better
Historical Sketches of Franklin County
and its several towns.
By: Frederick J. Seaver Malone, New York.
J. B. Lyon Company, Printers Albany, NY 1918.
Franklin County, NY
Names A to L
Names M to Z
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