 Boody invested heavily in railroads, and was responsible for several New York lines (including the Genesee Valley Railroad, the Niagara Falls Railroad, and the Rochester, Lockport and Niagara Falls Railroad) being consolidated with others into the New York Central Railroad system.He also served on the board of directors of the Lake Erie, Wabash, and St. Louis Railroad Company, and was the president of the Wabash and Toledo Railroad Company until 1873.Boody died of pneumonia in New York, New York County, New York, on November 18, 1885 (age 70 years, 211 days).