Charles Herbert Lee Jr. ’49

CHARLEY SUCCUMBED to cancer on Sept. 7, 1989, at his home in Washington, D.C., at the age of 62. Born May 17, 1927, in Morristown, NJ, Charley prepared for college at the Pingry School. He served as a radar specialist in the Navy before coming to Princeton, where he majored in history and graduated with high honors. He was a member of Key & Seal Club.

Following graduation, Charley worked for the First National Bank in New York, then Slick Airways. He graduated from Yale Univ. Law School in 1952. He specialized in antitrust and corporate-finance legal matters at Dewey, Ballantine, Bushby, Palmer & Wood, and later moved to Dean Witter, First Boston, and the Bank of New York. Charley was instrumental in creating the concepts of leveraged buyouts and corporate sale/lease-back transactions. In 1983, he retired and moved to Washington as a consultant to the Export-Import Bank of the U.S. In 1984, he joined Ferris & Co. and served as V.P. until again retiring in 1986. A member of Phi Beta Kappa, the American Bar Assn., and the University Club, he was an able bridge player and enjoyed squash.

Charley's marriages to Mary Lind Lee and Natalie Starr Lee both ended in divorce. Survivors include three children from his second marriage, Peter C. '88, Matthew O., and Kathryn A., all of Washington, D.C. We extend to each of them our most heartfelt sympathies, and will remember Charley as a most astute and forthright gentleman.

The Class of 1949