The city of Colby, Wisconsin, west of Wausau in Clark and Marathon Counties, came into existence because the government gave Mr. Colby certain rights through that area for establishing the railroad from Menasha to Ashland. As towns often did in those days, it named itself Colby after the biggest benefactor, or industry, in town.
In later years, around 1885, Colby (the town) became the namesake for a new kind of cheese developed at a local cheese factory. Today, Colby cheese is known throughout the US as a product of the only major natural cheese process native to America. The name "Colby", lives on in perpetual fame, perhaps more so because of the cheese's popularity than due to the man's beneficence in education and other works of charity.