Frederick M. Thayer
, a brother, of Newtown Square, and Lieutenant Governor John C. Bell, Jr., a lifelong friend, identified the body at the Morgue.
Mr. Bell said that Mr. Thayer
had been suffering from a nervous breakdown during the last two weeks.
Mrs. Thayer and a younger son, Frederick
, had been placed in a lifeboat, while John stood with his father on the Titanic's deck when the ship went down.
, who was 50, came from a family which had long been active in the affairs of the University of Pennsylvania
.In 1928 he was elected a trustee, and on October 2, 1939, he became treasurer of the university.
In February, 1944, he
was appointed to the newly created office of financial vice president.He also was a director of the bi-centennial celebration of the University of Pennsylvania in 1940.A graduate of the College of Arts and Sciences at the university, Mr. Thayer was active in athletics and on undergraduate publications, and was a member of the Phi Beta Junior Society, Sphinx Senior Society and the Delta Psi Fraternity.During the First World War he served a captain in the artillery of the 79th Division, and was an honorary member of the First Troop, Philadelphia Cavalry.
In 1919 Mr. Thayer
entered the employ of Lee, Higginson & Co.
, bankers, in charge of their Philadelphia office.He left that firm in 1932 to become a partner in Yarnall & Co., from which he resigned in 1937.He also served as a member of the managing committee of the university, as a member of the General Alumni Society Board of Directors and as vice chairman of the Alumni Annual Giving Fund Committee.He also was a director of the Academy of the Fine Arts, and chairman of the board of trustees of the Haverford School, of which he was a graduate.He was president of the Philadelphia Skating Club and Humane Society, and his hobby was figure skating.Mr. Thayer was president of the Racquet Club, and former president of the Bond Club of Philadelphia.He was a member of the Rose Tree Fox Hunt, the Rabbit Club and the Gulph Mills Golf Club.His
father was a vice president of the Pennsylvania Railroad
and was a member of the class of 1882 at the University of Pennsylvania
.Mrs. Thayer, who was the former Lois B. Cassatt, is a granddaughter of the late Alexander J. Cassatt, former president of the Pennsylvania Railroad.