Iredell W. "Idy" Iglehart dies at age 83

He had worked in the trust division of Morgan Guarantee Trust Co.

August 04, 2010|By Frederick N. Rasmussen, The Baltimore Sun

Iredell W. "Idy" Iglehart, a retired vice president of Morgan Guarantee Trust Co., died Monday of heart failure at the Blakehurst retirement community in Towson. He was 83.

Mr. Iglehart, the son of a banker and a homemaker, was born in Baltimore and raised in the Mount Vernon neighborhood.

After graduating in 1945 from the Kent School in Kent, Conn., he served in the Army for a year, and then enrolled at Princeton University, where he earned a bachelor's degree in economics in 1949.

He began his business career in 1953 in Baltimore at the Davison Chemical Co., a division of W.R. Grace & Co.

In 1953, he married the former Courtney Garland, and two years later the couple moved to New York City when Mr. Iglehart took a job with W.R. Grace.

He later held positions at W.E. Hutton, White Weld and Co., and Donaldson, Lufkin and Jenrette Securities Corp., where he was a senior analyst covering metals and mining stocks.

From 1985 until retiring in 1990, Mr. Iglehart was a vice president in the trust and investment division of Morgan Guarantee Trust Co.

Mr. Iglehart appeared on the cover of Institutional Investor as a member of its all-star team and also made a guest appearance on Louis Rukeyser's "Wall Street Week" on public television.

Mr. Iglehart and his wife retired in 1990 to a home in the Rockland neighborhood of Baltimore County, where they lived until moving into Blakehurst earlier this year.

A descendant of the Lees, Calverts and Peales, Mr. Iglehart was interested in his family's genealogy, and actively involved with Stratford Hall Plantation in Stratford, Va., the birthplace of Gen. Robert E. Lee.

Mr. Iglehart was also interested in naval history and had maintained a large library devoted to the subject. He was a member of the Society of Colonial Wars and the Society of The Ark and The Dove.

He enjoyed playing golf and was a member of the Elkridge Club and the Ausable Club in Huberts, N.Y.

Mr. Iglehart was a communicant of the Episcopal Church of the Redeemer.

Plans for a memorial service to be held at his church were incomplete Wednesday.

In addition to his wife of 57 years, Mr. Iglehart is survived by a son, Dr. Iredell W. Iglehart III of Roland Park; two daughters, Courtney D'Alessio of Manchester, N.H., and Alice Schwarz of New York City; a sister, Alice I. McAdams of Damariscotta, Maine; and six grandchildren.

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