Nationality American Children Clement Hurd | Education Yale University Name Richard Hurd | |
Full Name Richard Melancthon Hurd Born June 14, 1865 ( 1865-06-14 ) Brooklyn, New York, United States Occupation Real estate economist, Banker, Political activist, New York State Prison Commissioner Employer U.S. Mortgage & Trust Company
Mortgage Bond Company of New York
Lawyers Mortgage Trust Died June 6, 1941, New York City, New York, United States Books Principles of City Land Values Parents Clara Hatch Hurd, Melancthon Montgomery | ||
Board member of American Defense Society | ||
Richard Melancthon Hurd (June 14, 1865 – June 6, 1941) was a pioneer real estate economist and political activist.
Hurd was born in New York City and attended St. Paul's School. He graduated from Yale University in 1888, where he was a member of Skull and Bones and an editor of The Yale Record.
He headed the mortgage department of the U.S. Mortgage & Trust Company in 1895. He married in 1898 and had five children. He was president of the Lawyers' Mortgage Insurance Company in 1903 when he published Principles of City Land Values.
During the First World War he was active as an officer of the American Defense Society, an organization that promoted America's entry into World War I and civilian initiatives to suppress dissent during the conflict. He was a close friend of Theodore Roosevelt. In 1917, when he was vice-president and director of the Mortgage Bond Company of New York, he was appointed a New York State Prison Commissioner. He was later President of Lawyers Mortgage Trust, a securitizer of urban commercial property mortgages. The company suffered financial losses and closed during the depression.
His son Clement Hurd was an illustrator, known for the children's book Goodnight Moon.
He died at the Columbia Presbyterian Medical Center in New York City. He had been ill for more than a month.