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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