Frederic S. Newman ’38

Frederic S. Newman ’38 died April 2, 2013, in Naples, Fla. He was born on September 15, 1916, in Milo, son of the late William P. Newman of the Class of 1910, and prepared for college at Bangor High School and Fryeburg Academy. He was a member of Theta Delta Chi fraternity.He worked at the Manufacturers Trust in New York City, and served to first lieutenant in the Army infantry in Europe during World War II. In the final months of the war, he was assigned to the 5th Army Headquarters in Northern Italy and sent to Austria, where he was one of the first Americans to enter Vienna. He stayed through the Allied occupation of Austria, where he was joined by his family. He joined the Allied Finance Committee and, along with the Russians, French, and English, worked to restore the Austrian monetary system. He was awarded Europe-Africa-Middle East Campaign Ribbon with one campaign star. He attended the University of Austria and the Stonier School of Banking at Rutgers University. Upon returning to the United States in 1952, he worked for the Eastern Trust and Banking Company in Bangor, became president of the bank in 1965, and served as chairman from 1976 until his retirement in 1978. He was active on several boards, including Eastern Maine Medical Center, the Bangor Mechanics Association, the Maine YMCA Trustees and the Salvation Army. He was a trustee of the Hersey Fund, treasurer of the Katahdin Area Boy Scout Council and chairman of the 1962-63 Bowdoin Capital Campaign. He was an active member of All Souls Congregational Church and served as moderator, senior deacon, and executive board member. He was a member of the Penobscot Valley Country Club and the Quail Run Golf Club of Naples, Fla. He received an honorary doctorate from Husson College, the Norbert X. Dowd Exemplary Citizen Award, the YMCA Hall of Fame Award, and the Katahdin Area Boy Scout Council Silver Beaver Award. He is survived by sons Frederic S. Newman Jr. ’63, Paul W. Newman ’67, Robert S. Newman ’70, Thomas R. Newman ’73 and Richard W. Newman ’78; eleven grandchildren; and six great-grandchildren. He was predeceased by his wife of sixty-six years, Althea Wildes Newman; two grandchildren; brother William Proctor Newman Jr ’35, and sister Louise Newman Allen.