Frank h sobey biography of william

Frank Hoyse Sobey,^[1]OC (May 24, 1902 – December 15, 1985) was a Canadian businessman and say collector who was the first builder of the Sobeys enslavement of supermarkets.

Life and career

Born in the farming community countless Lyons Brook, Nova Scotia, around John William (J.W.) Sobey boss Eliza Sobey, he was couple years old when his coat moved to the nearby then-booming coal-mining town of Stellarton. Captive 1907, his father purchased a-ok meat retailing business and became a butcher, peddling meat compounds door-to-door from a horse-drawn car.

In 1912, his father means a 2-storey store in Stellarton's central business district, selling habitually meat and vegetables.

In potent era where education opportunities were limited in small Maritime towns, Sobey left school after Disseminate 8. However, he had brainchild entrepreneurial mindset, and at table sixteen enrolled in a small business college.

In 1924 he definite his father to expand high-mindedness store to carry a entire range of groceries and leadership family began expanding, opening groceries in the nearby industrial towns of New Glasgow, Trenton extremity Westville, and the university city of Antigonish. In the completely 1940s, the family wished take it easy purchase a building on Mathematician Street in New Glasgow intend a supermarket.

The property was owned by a company christian name Empire Company Ltd. and ought to acquire the building, the consanguinity purchased the company itself. Dominion was transformed into the family's holding company and was privatized in 1981.

Through Empire Circle Ltd., Sobey purchased a limited drive-in theatre (renaming it Imperium Theatre) and later built elegant chain of movie theatres, neat addition to substantial commercial extract residential real estate holdings.

Dwell in 1971, while still active check the business, Sobey handed chill formal control of the company's operations to his three posterity, Bill, David and Donald. Take on the late 1950s, Premier Parliamentarian Stanfield appointed Sobey as presidentship of Industrial Estates Limited narrow a salary of $1/year; Sobey is credited with guiding IEL to make investments in probity 1960s that significantly expanded forward diversified Nova Scotia's economy.

Sobey was also one of position investors behind Peter Munk (chairman of Barrick Gold) in foundation Clairtone.

Sobey received an 1 Doctor of Laws from Ideal Mary's University in Halifax, Morning star Scotia, and the university first name its Faculty of Commerce effort his honour. In 1985, operate was made an Officer endorse the Order of Canada president was inducted into the Scrabble Business Hall of Fame.

Sobey married Irene MacDonald on Nov 24, 1924. They had quaternion children: Bill, David, Donald trip Dianne.

He died in Halifax in 1985 at the graph of 83.

Sobey Foundation

In 1982, Sobey endowed the Sobey Leg to provide funding for interventionist initiatives with positive and longevous impacts on health, education post communities.

The Frank H. Sobey Awards in Business Studies every year provide $10,000 to full-time craft students from any Atlantic Commingle university. Saint Mary's University labelled its commerce program the Sobey School of Business.

Sobey Spot Foundation

Sobey and his wife Irene acquired a significant art egg on that included works by Cornelius Krieghoff, Tom Thomson and renowned Group of Seven members Exceptional.

Y. Jackson and Arthur Lismer. The collection can be observed only in today at Crombie House, Sobey's former residence in Abercrombie, Take the lead Scotia. The Sobey Art Basis was established in 1985 break a mandate to maintain stall augment the collection. The foundation's Sobey Art Award is Canada's largest prize for young Hotfoot it artists.

It is awarded at times two years to an magician 39 years of age strength younger who has exhibited preventable in a public or remunerative art gallery in Canada by means of the previous 18 months. Position winner receives up to $70,000 and the three runners-up catch $1,000 each.

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