Walter Francis Terry III

Walter Francis Terry III, of Oxford, died on Friday, December 3, 2004 at the University of Maryland Medical Center, Baltimore, of complications following a lung transplant in February of this year. He was 72. Born in San Francisco, CA, June 10, 1932, he was the son of the late Walter F., and Margaret Mary Madelin Curran Terry. He grew up in Grosse Point, MI and New York City. He graduated from New York University in 1955 with a Bachelor of Science Degree in Business Administration. He then served in the United States Air Force as a Lieutenant. Following his release from active duty, he began a forty-year career in the mortgage banking business. He was associated with the Rouse Real Estate Finance from 1960 until 1988, serving as President of the company from 1972 until 1988. From 1988 until 1994, he worked at Alex Brown Kleinwort Benson Realty Advisors, first as a consultant, then as Chief Executive Officer and then as Chairman of the Board. In 1994, that firm merged with LaSalle Investment Management where he served as Vice Chairman of the new company until retiring in 2000. A resident of Oxford since moving here from Howard County, MD in 1991, he was involved in many charitable, professional and school organizations over the years. He served as Chairman of the Board of Howard County General Hospital from 1977 to 1981; Director of Howard County Chamber of Commerce from 1982 to 1983 and as a member of the Executive Committee of the Board of Governors of the Mortgage Bankers Association of America from 1985 to 1986. More recently, he had served as President of the Board of the Oxford Community Center in Oxford, MD. His wife, the former Nancy Stuart Hillman whom he married June 30, 1955, died September 18, 1996. Mr. Terry is survived by three children, Katherine Stuart Rice and her husband, Robert, of Baltimore, MD, Gregory M. Terry and his wife, Rina, of Cordova, MD and Walter F. Terry IV and his wife, Catherine, of Arlington, VA; a sister, Joan Wallace of Chapel Hill, NC and four grandchildren. Another sister, Margaret Culver, died in 1980 Memorial services will be held on Thursday December 9th, at 3 P. M. at St. Mark’s United Methodist Church, Easton. Private burial will be at Oxford Cemetery, Oxford, MD. Memorial donations may be made to the Oxford Community Center, PO Box 308 Oxford, MD 21654. Funeral arrangements are by the Fellows, Helfenbein and Newnam Funeral Home, P.A., Easton.