Talbot Jones Albert III, 76, veteran, stockbroker and lifelong horseman

September 26, 2004|By Gina Davis | Gina Davis,SUN STAFF

Talbot Jones Albert III, a stockbroker and horseman, died Tuesday in his sleep of an apparent heart attack at his Fallston home. He was 76.

Born in Baltimore, Mr. Albert was a 1947 graduate of Gilman School. He earned a bachelor's degree in chemistry from the University of Virginia in 1951.

He joined the Marine Corps in 1952, spending more than 20 years on active duty as well as in the Reserves, attaining the rank of major.

"He loved the Marine Corps," said his daughter, Elisabeth Albert Hayes of Baltimore. "He used to say `once a Marine, always a Marine.'" He earned several medals, including the Purple Heart and Bronze Star, for his service during the Korean War.

After returning from the war, Mr. Albert began working as a stockbroker. In the mid-1950s, he joined John C. Legg, now Legg Mason. He later went to work for Alex. Brown, now Deutsche Bank.

Since 1995, he had been a stockbroker with Chapin, Davis, where he worked alongside two of his children, Talbot Jones Albert IV of Monkton and Mrs. Hayes. He was at the office the day before he died, his daughter said.

"He swore none of his kids would be stockbrokers. He thought it was awful for us," said Mrs. Hayes. But "for a while there, we were one of the few father-son-daughter teams in the area."

Mr. Albert was a lifelong horseman.

As a child, he trained and showed championship ponies.

"He showed them around at the big shows in New York and Philadelphia," Mrs. Hayes said. He was well known at Madison Square Garden, which was "the epitome of the horse show circuit" at the time, she said.

As an adult, he began breeding thoroughbreds.

His first racehorse was named Yes. His daughter said the owner didn't think the horse was worth anything so he wanted to give it to Mr. Albert, but her father insisted on buying it and gave the owner $50.

"In less then a year he had the horse racing over brush fences," Mrs. Hayes said. "This was Dad's second year of racing, and the horse ran in 24 races and earned money in 22 of them," meaning the horse had finished among the top three or four horses in each race.

"He was always trying to find another Yes," she said.

Some of his favorite horses were Iseverybodyhappy and Top Branch, after which he named his farm, and On The Wind, a horse he persuaded his mother to buy instead of the car she wanted. He told her On The Wind would win enough races to buy her several cars, but it never did, the family said.

Mr. Albert was also an amateur steeplechase jockey. He rode at hunt meets in Maryland, Virginia, Pennsylvania and Tennessee, as well as steeplechase races at tracks including Pimlico, Monmouth, Belmont Park, Saratoga and Delaware Park.

"He rode against all the pros; he was one of the few who didn't turn pro," Mrs. Hayes said.

Mr. Albert, who was a fox hunter, was a member of the Elkridge-Harford Hunt Club. In addition, he was a member of the Bachelors Cotillon and the Maryland Club, and was a founding member of the Jarrettsville Veterans of Foreign Wars post.

He loved all kinds of animals, the family said.

A 1986 Sun article recounted how Mr. Albert, while coming out of his office at Alex. Brown, spotted the arrest of a homeless man with a dog. When Mr. Albert discovered that the dog would be taken to the pound, he insisted on taking the dog home with him.

"He stayed by my father's desk all day and then was taken home, where he spent many happy years," Mrs. Hayes said.

A memorial service will be held at 3 p.m. today at the family home.

In addition to his daughter and son, survivors include his wife of 21 years, the former Patricia Hoy; another son, J. Philip Muth of Clarksville; two other daughters, Louise Albert Surber of Forest Hills and Anne Muth Burnett of Charleston, S.C.; a brother, Charles Thompson Albert of Baltimore; a sister, Phoebe Albert Driscoll of Ambler, Pa.; and nine grandchildren. His 1958 marriage to the former Frances Kennedy ended in divorce.

The family suggested donations to Fallston Animal Rescue and the Maryland Horsemen's Assistance Fund.

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