Hugh B. Pagon, 81, investment analyst

March 25, 2004|By Frederick N. Rasmussen | Frederick N. Rasmussen,SUN STAFF

Hugh Breckenridge Pagon, a retired investment analyst and Baltimore history buff, died of renal failure Sunday at his Devon Hill residence on West Lake Avenue. He was 81.

Mr. Pagon was born in Baltimore and raised in Roland Park. After graduating in 1942 from the Choate School in Wallingford, Conn., he attended Princeton University, but left to enlist in the Army.

"He didn't go overseas because of poor eyesight, and he liked telling the story about being told to make a papier-mache map of Europe, which was later eaten by ants," said son-in-law Lee Tawney of Baltimore.

After the war, he earned a bachelor's degree in history in 1949 from the Johns Hopkins University and began his career as an analyst at T. Rowe Price.

In 1956, he was appointed by Mayor Thomas J. D'Alesandro Jr. to serve on a committee that examined mass transit in Baltimore.

From 1957 until 1972, Mr. Pagon lived in Westfield, N.J., while working in New York City as vice president of Central National Corp. He returned to Baltimore as an energy analyst for Baker Watts & Co., a Baltimore brokerage firm; he left in 1990 to start Hugh Pagon Co., which was later purchased by Baker Watts. He was associated with Lombard Securities until retiring in 2000.

Mr. Pagon lived for many years on Mount Royal Terrace in Reservoir Hill, and had a deep affection for the city.

"His encyclopedic knowledge of Baltimore -- its history, architecture and families -- was formidable," said a daughter, Cushing Pagon Samp of Bangor, Maine.

Mr. Pagon also had a love of children and established a graduation prize for one male and one female graduate at Mount Royal Middle School.

He spent summers on Nantucket, Mass., and enjoyed sailing there and on the Chesapeake Bay, keeping a sloop at Gibson Island.

A memorial service was held yesterday.

In addition to his daughter, Mr. Pagon also is survived by his wife of 26 years, the former Caroline Boyd Stellmann; another daughter, Katharine Pagon Tawney of Baltimore; two stepsons, Edward B. Stellmann III and Peter B. Stellmann, both of Baltimore; five grandchildren; and five step-grandchildren. His wife of 25 years, the former Ruth Vincent Bridgman, died in 1975.

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