Born (a twin) in Salem, Massachusetts to a family of successful merchants. He was a student at the Boston Latin School graduating in 1819. He was a graduate of Harvard in 1824. He studied law under Daniel Webster and practiced in Boston after 1827. Married Eloise Lloyd Strong September 4, 1834. They had seven children. Derby was president of the Old Colony Railroad Company. He died in Boston.
Derby left $1000 to sponsor a medal (Julian SC-10) for the Boston Latin School. It was struck at the Philadelphia Mint. Dies were by Henry Mitchell. The first gold medal was issued to Carleton Eldredge Noyes who graduated from the school in June 1891.
bio: ApCAB; DAB; Drake; NCAB 4; TCBDA; WWWA-H
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Read before the American Statistical Association at Boston, May, 1874.
Brief overview of Massachusetts colonial paper money, covering issues from 1690 to the 1740s.