Richard C.'s Story

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Richard C. Memhard, a longtime partner at Cape Pond Ice Company on Gloucester Harbor, died peacefully at home on October 6, sailing out on the full Harvest Moon.
Born in NYC in 1930, Dick grew up in Riverside, Conn. He studied engineering and graduated with Honors in English from Yale University in 1951. Married in 1952 to Polly Ann Hunter, Dick went on to serve in the fledgling Central Intelligence Agency, then as a US Naval Gunnery Officer on a destroyer stationed in Norfolk, Va., then deployed to Korea.
After his Honorable Discharge in 1954, Dick and Polly moved to San Francisco to begin their family, and Dick launched his career in finance, enrolling in the MBA program at Golden Gate College and working at Crocker Angelo Bank. Returning East, Dick transitioned to Wall Street investment banking, becoming a partner of Hornblower & Weeks and later G.H.Walker & Co.
With his business experience in mergers and acquisitions, and skills in communications and complex financial projections, in 1973 “RCM” became an entrepreneur, founding Memhard Investment Bankers, which he managed until 2016. Among the companies Dick organized financing to acquire and grow are SRS Crisafulli, Glendive, Mont., (1982), and Cape Pond Ice Company, Gloucester, Mass., (1983); both still managed by family members.
Dick had a life-long passion for sailing, as a youth instructor in Dyer Dinghies, to racing competitively at the Riverside Yacht Club on Long Island Sound, Block Island and Newport, and sailing with family and friends all along the East Coast to the Bahamas. His sloops included Quincy Adams class “Lady Luck," Nautor Swans “Kinship," and “Kinship II," and Able Apogee 50 “Independence."
First and foremost, Dick was the proud Captain of the beautiful family he made, advocating for his wife and each of their children and grandchildren, to push boundaries, be curious and grow, while acting with integrity and grace.
Dick is survived by his wife, Polly, and their three children, R. Scott Memhard of Gloucester, Mass., Laura M. Fleming of Ridgefield, Conn., and Jennifer Memhard of Portland, Ore., and their spouses and partners. He is also survived by five grandchildren, Aldace W. Fleming, Elizabeth L. Fleming, Ian Richard Oaks Memhard, Lawrence Hart Oaks Memhard and Marie Memhard Cahoon; and a great-grandchild, Eleanor Faye Cahoon.
Richard C. Memhard, may he rest in peace, will be missed by many. A celebration of his life is being organized at a date to-be-determined. In lieu of flowers, Dick’s family ask that he be remembered by acts of kindness, courage, and investment in the survival of this beautiful planet.
Published on  October 17, 2017
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