Newburyport — Frederick Beale “Fred” Barclay, age 71, of Newburyport and Clarks Cove, Maine, died peacefully in his sleep at Massachusetts General Hospital in Boston, on Sunday, October 28, after a courageous battle with cancer.
Born in Wynnewood, Pa., February 28, 1941, he was the son of the late Charles and Katharine (Beale) Barclay. He was a graduate of The Haverford School, where he received the National Schoolboy Rowing Champion Award. Fred went on to graduate with a BS in Economics from the University of Pennsylvania in 1964 and an MBA in Finance in 1966 from the Wharton Graduate School of the University of Pennsylvania, remaining a lifelong member of the Friers Honor Society and the Fraternity of Phi Gamma Delta.
After attending Officers Candidate School, Fred received his officers commission and joined the United States Navy serving during the Vietnam War from 1966 until his honorable discharge in 1969 as Lieutenant.
Mr. Barclay held various executive positions throughout his working career, from assistant vice president for the First National Bank of Boston and the Equitable Life Insurance Society, retiring from The Spencer Turbine Company in Windsor, Conn. where he had been nice president, chief financial officer, treasurer and member of the board of directors
His great love of boating and sailing, instilled in him as a boy by a sailing family, remained with him throughout his life - competitive racing in Comets at Little Egg Harbor Yacht Club, Olympic trials in The Flying Dutchman, and racing in the The Marshalls Catboat. The catboat later became the family boat for his children and grandchildren to enjoy with him. He was a member of the Little Egg Harbor Yacht Club in Beach Haven, N.J. and the American Yacht Club in Newburyport.
He had a strong interest in restoring his historic homes, was an avid reader, followed the stock market with a passion, and always enjoyed a good golf game with friends.