Austin Tobin Jr. ’50

Austin Tobin Jr. ’50 died on May 9, 2012, in Waterbury, Connecticut. Austin enlisted in the U.S. Marine Corps during his senior year at Polytechnic Preparatory in Brooklyn. He entered Dartmouth after 16 months in the Marine Corps. Austin attended the first special basics class for platoon leaders in Quantico, Virginia, during the summers of 1948 and 1949, receiving a Marine Corps Reserve commission upon graduation. His subsequent studies at Columbia Law School were interrupted in 1950, when he was called back into the Marines during the Korean War. He trained at the artillery school at Fort Sill, Oklahoma, and then was sent to Camp Lejeune, North Carolina, where he served with basic Marine infantry. He participated in Lantflex 52 and ended his Marine service with the rank of captain. After finishing law school at Columbia, Austin worked for several law firms before specializing in public finance. He developed a “range of yield curve” system, which revolutionized pricing in the municipal bond industry by providing daily market data about bond pricing and yields. His company, Delphis Hanover Corp., named in memory of Hanover, advised many state and city governments regarding their efforts to raise capital for critical infrastructure projects. Austin worked until a few months before his death. He is survived by his wife, Nancy; son Austin III and his wife, Rita; daughter Farley and her husband, Alton; son John and his former wife, Nancy; grandchildren Jacob, Austin IV and Nina; sister Stacy; and stepchildren Jennifer, Richard, Elizabeth and Robert.