|Birth: ||Jul. 9, 1925, USA|
|Death: ||Jun. 27, 2012|
JOHN R. "JACK" HERSHEY, JR. who had an active role in the area's business, civic and philanthropic life died Wednesday June 27th at Meritus Medical Center surrounded by members of his family.
Born July 9, 1925 Jack was the son of J. Raymond Hershey Sr. and Sally Jeanette Hershey. Jack attended Lehigh University where he earned a Bachelor's degree of Science in Business Administration and graduated in three years. Jack served in the U.S. Air Force in Italy in World War II and later became a lieutenant in the U.S. Air Force Reserve. Jack was employed by Siegal Berg & Co., CPAs in Allentown, Pennsylvania while matriculating at Lehigh. Upon graduation he accepted an offer from El DuPont de Nemours and he and wife Anna resided in Wilmington, Delaware for two years. He entered the investment industry in 1951 with Cohu & Company. In 1955 he joined Walston & Company and in 1960 he joined Winslow Cohu & Stetson as a vice president. In 1969 he affiliated with Ferris & Company as a senior vice president, regional officer and later became a member of the board of directors. Ferris later acquired the prominent Baltimore based firm of Baker, Watts.
He is survived by his wife of 64 years Anna Lynne Hershey, 3 daughters; Karen Anne Spessard of Hagerstown, Lynne Hershey Rieden of Herndon, VA, Cheryl Leiter Hershey and husband Wiley S. Rutledge of Point of Rocks, MD and 1 son; John R. Hershey III of Hagerstown, MD.
Also survived by 2 grandsons; Gerry Wayne Spessard and John Holden Hershey and 4 granddaughters; Julie Spessard Ebersole and husband Daniel P. Ebersole, Laura Hershey Spessard, Jennifer Lynne Rieden and London Nicole Hershey. He was predeceased by one brother, Richard K. Hershey.
Jack was a member of the Tower Society at Lehigh and a member of Phi Delta Theta National Fraternity.
He initiated efforts which resulted in legislation authorizing a left turn on a red light and was standing behind the governor when he signed the bill into law.
He was elected for a 3 year term on the executive committee of the Securities Industry Association Mid-Atlantic District at their annual meeting at the Homestead in Hot Springs, Virginia. SIA was the major trade organization representing more than 550 brokerage and investment banking firms in North America. The Mid-Atlantic District covers North Carolina, Virginia, West Virginia, Pennsylvania, Delaware, Maryland and Washington, D.C.
Mr. Hershey participated with the Rotary Exchange Fellowship program during which time son John enjoyed a guest from France.
Mr. Jack R. Hershey Jr. was Herald Mail Person of the Year in 2005.
Mr. Hershey was active in bank acquisitions; he had recommended over 50 banks which were eventually taken over by larger banks.
RESEARCH, a national financial industry publication located in San Francisco, CA, commented in an April 1997 issue on Mr. Hershey's industry knowledge, "Jack is the bank stock guy. Jack has sniffed out 28 bank takeovers."
Hershey has been quoted in The Baltimore Sun, Washington Post, Maryland Business Record, as well as The Herald Mail and The Frederick News Post. In an article from The Wall Street Transcript – a national publication, Mr. Hershey participated in a several page discussion regarding many banks and future investment opportunities.
A national financial industry publication titled, Registered Representative, published a lengthy article on Mr. Hershey and banks.
He was the chairman of shareholders advisory committee of the Bank of Baltimore.
In cooperation with the school system he stimulated student interest in "The Stock Market Game" through a simulated economic game.
In 1951 when Mr. Hershey became a broker the Dow Jones Industrial Average was 269. It now stands at 12, 515.
He and his wife were co-chair of a flamboyant costume ball attracting more than 5, 000 people in the Valley Mall. An event which included 3 nationally known bands as Washington County celebrated its 200th anniversary (bi-centennial).
Mr. Hershey played an integral role on the Chamber of Commerce particularly in 1969 he was president as he encouraged the chamber to make some changes, "Let's do away with separate city and county government. Let's streamline our administrative bodies."
He was chairman of the board of JRH, Inc., a family investment firm, which announced the purchase of Holshu Welch Insurance Agency in Cumberland, Maryland.
John and Anna relish in having visited every continent in the world and always very much enjoyed traveling.
Mr. Hershey served on the Board of Directors of Victor Products, Corp.
Mr. Hershey was the Hagerstown Town & Country Almanac managing partner for 22 years.
He served on the church council at Trinity Lutheran Church as well as numerous committees over a lifetime.
He was President and member of the Board of Directors of the YMCA for 12 years. He served as a member of the Board of Trustees for the YMCA for 30 years. He was instrumental in raising funds to build the new YMCA. He recently was honoured by becoming Trustee emeritus.
Mr. Hershey was a past president and member of the Board of Directors of the Hagerstown Rotary Club. Jack was a 50 year member of the club and has 4 Paul Harris Fellows awards.
Mr. Hershey was a past president, treasurer and member of the Board of Governors of Fountain Head Country Club.
Mr. Hershey served on the board of directors, "Dutchie, Inc."
Mr. Hershey was a past president, treasurer and member of the board for San Mar Children's Homes. He served 17 years and was honored as a Director Emeritus, one of only two persons so honored in the history of San Mar.
Mr. Hershey was a past president and current member of the board for Rose Hill Cemetery for 51 years. He had the privilege of chauffeuring President Dwight Eisenhour, Governor J. Millard Tawes and Senator Charles Mathias in his 1962 Black Cadillac Convertible during the 100 year Civil War celebration.
Mr. Hershey was a past treasurer and member of the executive committee for Mason-Dixon council of the Boy Scouts. He was honoured by being included in the Borders of Men Historical Gallery at Sinoquipe. Mr. Hershey was a past member of the executive committee for the United Way, formerly United Fund of Washington County and Community Chest.
Mr. Hershey was a past trustee of the Community Foundation of Washington County, Maryland.
Mr. Hershey was a past trustee of the Lutheran Seminary in Gettysburg, Pennsylvania.
He was a member of the American Legion #42 and Benevolent and Protective Order of the Elks #378.
He was a member of the Assembly Club. He was one of the original nine of the Nine and Ninety Social Organization.
Most recently he was a member of the foundation committee – Meritus Health Service – an affiliate of Meritus Medical Center.
He was inducted in 1993 into "Maryland Senior Citizen's Hall of Fame."
In 1979 he invited Bud Wilkinson, Coach of the Year 1949 to the Rotary Regional Conference.
Representing Lehigh University he took part in the processional of the inauguration of Shirley Peterson, Hood College's seventh president.
Mr. Hershey played basketball for Hagerstown High School and in 1943 earned the distinction of the Leading Scorer.
As a president of the Chamber of Commerce, Mr. Hershey had the privilege of entertaining Governor Marvin Mandel in his home.
As a member of the Rotary Club, Mr. Hershey invited such distinguished speakers as: Senator Mathias, Senator Beall, Congressman Byron, Governor Lee, Governor Hughs and Attorney General Sachs as well as Minister of Commerce Embassy of India, Ravindra Jeratm.
On March 25, 2011, Jack and Anna Hershey were honoured for their service and generosity to our community at a gala tribute held at the Hagerstown Community College's Athletic Recreation and Community Center. The event was extraordinary in that a record attendance of 570 established along with income of $164, 400 for the student aid program. The Hersheys were presented with a citation from Governor O'Malley in recognition of their commitment and leadership on behalf of the Hagerstown community, in appreciation of the contributions they have made to numerous organizations and charitable causes, giving of their time and talent to make a positive difference in the lives of others, and as the people of Maryland join in expressing our admiration and great respect as you are honoured for your outstanding service to our state.
Jack and his wife made significant gifts often anonymously to many local charities including the YMCA, Washington County Hospital Building Fund, Girls, Inc., and they established the Jack and Anna Hershey Foundation.
Service will be held at Trinity Lutheran Church, 15 Randolph Avenue, Hagerstown, MD 21740, at 11 a.m. on Monday July 2nd. Jack donated his body to The Anatomy Board of Maryland for the benefit of medical education and research at Maryland hospitals and/or universities. Burial will be at the convenience of the family in Rose Hill Cemetery.
Family will receive friends Sunday July 1st at Minnich Funeral Home, 415 E. Wilson Blvd., Hagerstown, MD 21740, from 2-4 p.m. and 6-8 p.m.
In lieu of flowers memorial contributions may be made to the charity of your choice or to the Jack and Anna Hershey Foundation, 113 South Potomac Street, Hagerstown, MD 21740. In the event you choose the foundation you may direct your contribution to the local charity of your choice. The foundation will equal the amount of your gift not exceeding $5, 000.00 for the next three years in your name. Matching contributions must be made within 30 days and are subject to certain restrictions, limitations and final approval by trustees.
Source : The Minnich Funeral Home - Hagerstown, Washington Co., Maryland - Friday, June 29, 2012
Rose Hill Cemetery
Created by: Melvin L. Halterman
Record added: Jul 01, 2012
Find A Grave Memorial# 92866525