N. Loyall McLaren Remembered: A Tribute to a former partner;

              N Loyall McLaren
JLhe death of N. Loyall McLaren at his home in Green-brae,
California last October 23 at age eighty-five brought to
a close an unusual career in the public accounting profession
and in the history of Haskins & Sells. To his host of friends
and acquaintances, Loyall was a personality who stood out
from the crowd, a man to remember. As Michael N. Chet-kovich,
the Firm's managing partner, told H&S Reports at
the time of Loyall's death:
"We have lost a really great and unique personality.
People like Loyall McLaren come along once in a lifctimcy
~-«©fcjttsC?generation. He had such an unusual combination
of talents."
An account of his life and work, in outline form, begins to
delineate the man. Loyall was born in San Francisco in 1892,
the son of Norman and Linie Loyall Ashe McLaren. Never
caring for his given name, Norman, he preferred to be called
Loyall, a family name on his mother's side. He attended the
Taft School in Watertown, Connecticut and then the Uni­versity
of California, Berkeley, from which he received a
bachelor of arts degree in 1914.
After college Loyall started out in investment banking as a
clerk. After three years he joined the public accounting firm
of McLaren, Goode & Co., founded by his father, and be­came
a partner in 1920. By 1928 he was president of the
California Society of Certified Public Accountants. The
next year he was coauthor of a book, California Tax Laws of
1929, withVincentK. Butler, Jr. In 1936 he wrote Income
TaxManagement for Individuals withB. J. Feigenbaum, and
in the same year he served as vice president of the American
Institute of Certified Public Accountants. In 1941 the
AICPA elected him president and in 1962 awarded him an
honorary life membership for his many years of service in the
profession.
In 1942, after the United States entered World War II,
Loyall McLaren went on active duty as a commander in the
United States Naval Reserve. The following year'he became
a captain and served as chairman of the New York division of
theTTavy Price Adjustment Board. He retired from active
duty as a commodore at the end of the war and was promoted
to rear adrrm-aTuTthe inactive reserve in 1956.
In 1945, while still with the Navy, Loyall McLaren was
called upon to return to San Francisco from New York to
serve as treasurer of the United Nations Conference Com­mittee,
which laid the basis for the permanent establishment
of the UN. In that same busy year, he was also chosen by the
government to go to Moscow as accounting adviser to the
United States delegation with the Allied Commission on
Reparations. Shortly afterward, he was a member of a group
of four authorities appointed by Congress to survey the oper­ations
of the Internal Revenue Bureau (now the Internal
Revenue Service). He also wrote another book, Annual
Reports to Stockholders, which won the 1948 AICPA award
for the best book in the accounting field.
In 1952 Loyall was senior partner of McLaren, Goode,
West & Co. when it merged with Haskins & Sells, bringing
sixteen partners into our Firm. Of that number, only manag­ing
partner MikeChetkovich and Lorin H^iZilsem, now
partner in charge of the Los Angeles office, remain active in
H&S. Other present H&S partners who joined our Firm
with the merger are Charles G. Steele, Robert L. Steele and
Richard B. Keigley, Executive Office; Terence F. Healy,
Portland; SigO. Joraanstad, Seattle; John C. McCarthy,
PIC of our Boston office; and DeWitt C. Warren, San
Francisco. From every point of view, the McLaren, Goode,
West & Co. merger was one of the most significant in the
history of H&S.
Loyall McLaren continued in active practice until. 1958,
but in the years since that date he was retired in a formal
sense only. He came to the San Francisco office almost daily,
and kept busy at his desk surrounded by photographs of
people and mementos of associations that had kept him
busily involved through many decades. Right until the end,
he was enthusiastically active in many social and charitable
organizations. Through this involvement with hundreds of
people in the San Francisco Bay area and elsewhere who
knew him, he was a goodwill ambassador for Haskins & Sells.
An account of Loyall McLaren's significant activities and
awards would require pages, but a few highlights will indicate
the breadth of his interests. Until his retirement in 1973, he
served as board chairman of the Irvine Company, a land,
commercial and development corporation which owns more
than 80,000 acres in Orange County, California. During the
same period he was president of the James Irvine Foundation,
which owned 54 percent of the stock of the Irvine Company
and distributed all of its multimillion-dollar annual income
to California charities. He served at various times as a direc­tor
of the Federal Reserve Bank of San Francisco; the Atchi­son,
Topeka and Santa Fe Railway; the Pacific Telephone
Company; the Rheem Manufacturing Company; and Air
California.
To name only some of his community-service activities, he
was a member of the executive committee of the San Fran­cisco
Community Chest (1934-1942) and in 1939 he was a
committee chairman for the Golden Gate Exposition. In the
late 1940s he served as chairman of the California State Har­bor
Commission. In education, he served on the advisory
council of the School of Business Administration of the
University of California, as a regent of the University of San