Timothy Blackstone

Timothy Beach Blackstone (March 28, 1829 – May 26, 1900) was an American railroad executive, businessman, philanthropist, and politician. He is descended from William Blaxton, an early settler of New England. He worked in the railroad industry for most of his life after dropping out of school. At the time of his death, his estate was worth US$6 million ($226.8 million today).

Blackstone served as president of the Chicago and Alton Railroad from 1864 through 1899, was a founding president of the Union Stock Yards, and served one term as mayor of La Salle, Illinois. He was the benefactor of the James Blackstone Memorial Library in Branford, Connecticut, and his widow donated the Blackstone Memorial Library to the Chicago Public Library in 1902, the first dedicated branch of the Chicago Public Library system. The Blackstones also funded Blackstone Hall for the Art Institute of Chicago Building, and his mansion became the site of the Blackstone Hotel and the Blackstone Theatre.