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Horatio Gates Lloyd III

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Horatio Gates Lloyd III

Birth
Haverford, Montgomery County, Pennsylvania, USA
Death
9 Nov 1993 (aged 92)
Haverford, Montgomery County, Pennsylvania, USA
Burial
Bryn Mawr, Montgomery County, Pennsylvania, USA Add to Map
Memorial ID
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Son of Horatio Gates Lloyd (1867-1937) and Mary Helen Wingate (1868 - 1934)

Grandson of Horatio Gates Lloyd (1831-1893) and Caroline Elizabeth Newell (1836-1909)

Great Grandson of Benjamin Lloyd (1794-1870) and Sarah (1796-1870)

Husband of Eleanor Biddle Barnes Lloyd (1906-1985)
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Obit: H. Gates Lloyd, 92, Banker And Patron Of The Arts.
H. Gates Lloyd, 92, an investment banker and patron of the arts, died Thursday at his home in Haverford. Mr. Lloyd, the son of Horatio G. and Mary Helen (Wingate) Lloyd, was born in Haverford. His father, also a noted investment banker, donated the building that houses Haverford's public library at Darby and Mill Roads.

Mr. Lloyd attended schools in Philadelphia and Rhode Island and graduated from Princeton University in 1923. He also attended Trinity College and Cambridge University for one year before joining Drexel & Co., the Philadelphia investment banking firm where his father was a partner. The younger Mr. Lloyd became a partner at the company, the predecessor of Drexel Burnham Lambert, in 1927.

During World War II, he served with the Interceptor Command in Philadelphia. In 1950, he took a leave of absence from Drexel to join the Central Intelligence Agency in Washington. In 1954, he became deputy director for administration under director Allen W. Dulles. Mr. Lloyd retired from that position in 1964. He later served as chairman of The Contributionship, a Philadelphia mutual insurance company. The insurance company, founded in 1752 by a group of Philadelphians headed by Benjamin Franklin, is the oldest in the United States.

Mr. Lloyd was active in business and civic activities in Haverford, Philadelphia and along the East Coast. He was a member of the board of Bryn Mawr Hospital and a trustee of St. George's School in Newport, R.I. He was an active alumnus of Princeton and served on the alumni's board of trustees. He and his wife, Eleanor Biddle Barnes Lloyd, were active in Washington and Philadelphia in the support of museums and the arts. Eleanor Lloyd died in 1985. In 1967, selected works from the Lloyds' collection of contemporary art, considered one of the area's foremost collections, were loaned for viewing to the University of Pennsylvania's Institute of Contemporary Art. The exhibit included 18 large oils, seven sculptures and 13 watercolors, temperas and drawings.

Mr. Lloyd is survived by his sons, H. Gates 3d and Wingate; daughters, Mary L. Robb and Prudence L. Rosenthal; 18 grandchildren, and 12 great-grandchildren.

A memorial service will be held at 11 a.m. tomorrow at the Church of the Redeemer, New Gulph and Pennswood Roads in Bryn Mawr. The family requests that contributions, in lieu of flowers, be sent to Princeton University, Class of 1923, Box 46, Princeton, N.J. 08544. [Philly.com, November 14, 1993]
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Son of Horatio Gates Lloyd (1867-1937) and Mary Helen Wingate (1868 - 1934)

Grandson of Horatio Gates Lloyd (1831-1893) and Caroline Elizabeth Newell (1836-1909)

Great Grandson of Benjamin Lloyd (1794-1870) and Sarah (1796-1870)

Husband of Eleanor Biddle Barnes Lloyd (1906-1985)
------------
Obit: H. Gates Lloyd, 92, Banker And Patron Of The Arts.
H. Gates Lloyd, 92, an investment banker and patron of the arts, died Thursday at his home in Haverford. Mr. Lloyd, the son of Horatio G. and Mary Helen (Wingate) Lloyd, was born in Haverford. His father, also a noted investment banker, donated the building that houses Haverford's public library at Darby and Mill Roads.

Mr. Lloyd attended schools in Philadelphia and Rhode Island and graduated from Princeton University in 1923. He also attended Trinity College and Cambridge University for one year before joining Drexel & Co., the Philadelphia investment banking firm where his father was a partner. The younger Mr. Lloyd became a partner at the company, the predecessor of Drexel Burnham Lambert, in 1927.

During World War II, he served with the Interceptor Command in Philadelphia. In 1950, he took a leave of absence from Drexel to join the Central Intelligence Agency in Washington. In 1954, he became deputy director for administration under director Allen W. Dulles. Mr. Lloyd retired from that position in 1964. He later served as chairman of The Contributionship, a Philadelphia mutual insurance company. The insurance company, founded in 1752 by a group of Philadelphians headed by Benjamin Franklin, is the oldest in the United States.

Mr. Lloyd was active in business and civic activities in Haverford, Philadelphia and along the East Coast. He was a member of the board of Bryn Mawr Hospital and a trustee of St. George's School in Newport, R.I. He was an active alumnus of Princeton and served on the alumni's board of trustees. He and his wife, Eleanor Biddle Barnes Lloyd, were active in Washington and Philadelphia in the support of museums and the arts. Eleanor Lloyd died in 1985. In 1967, selected works from the Lloyds' collection of contemporary art, considered one of the area's foremost collections, were loaned for viewing to the University of Pennsylvania's Institute of Contemporary Art. The exhibit included 18 large oils, seven sculptures and 13 watercolors, temperas and drawings.

Mr. Lloyd is survived by his sons, H. Gates 3d and Wingate; daughters, Mary L. Robb and Prudence L. Rosenthal; 18 grandchildren, and 12 great-grandchildren.

A memorial service will be held at 11 a.m. tomorrow at the Church of the Redeemer, New Gulph and Pennswood Roads in Bryn Mawr. The family requests that contributions, in lieu of flowers, be sent to Princeton University, Class of 1923, Box 46, Princeton, N.J. 08544. [Philly.com, November 14, 1993]
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