Raymond Skinner Clark, 82, chairman of investment banker

November 28, 1996|By Fred Rasmussen | Fred Rasmussen,SUN STAFF

Raymond Skinner Clark, retired chairman of the board of W. P. Carey & Co. Inc., a Wall Street investment banking firm, and former president of the Canton Co., died Friday of cancer at Greater Baltimore Medical Center. The Homeland resident was 82.

He retired in 1977 as president of the Canton Co. and the Canton Railroad, positions which he had held since 1964.

While at the Canton firms he became a hero to employees when he tried to settle a dispute in which a disgruntled railroad brakeman attacked and shot a supervisor, then shot Mr. Clark in the chest and arm.

Mr. Clark, who was born and raised in New York City, graduated from Harvard College in 1936 and earned a law degree from the Yale University School of Law in 1939.

He practiced at the law firm of Venable, Baetjer & Howard until the outbreak of World War II, when he was commissioned in the Navy. He served in the Pacific and was discharged with the rank of lieutenant commander in 1946.

He returned to the law firm for a short time, then joined Davison Chemical Corp., which later became part of W. R. Grace & Co.

His brother-in-law William Polk Carey founded W. P. Carey & Co. in 1973, and Mr. Clark was appointed the first chairman of the board, a position he held until 1987. At the time of his death, he was chairman of the executive committee.

He had been chairman of the Maryland Industrial Development Authority, treasurer of the Maryland Republican Party and a board member of Garrison Forest School.

He was a member of the Green Spring Valley Hunt Club, the Merchants Club, the Elkridge Club, the Maryland Club and the Brook and Harvard clubs in New York.

He was a communicant of St. Thomas Episcopal Church, 232 St. Thomas Lane, Owings Mills, where services will be held at 11 a.m. Saturday.

He is survived by his wife of 49 years, the former Marjorie Pendleton Gorman; two sons, Jonathan Edwards Clark of Baltimore and Dr. Junius Morgan Clark of North East; a daughter, Gwendolen Gorman Bond of Stevenson; and five grandchildren.

Pub Date: 11/28/96

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