Henry M. Paschall III, financial analyst, dies

Henry M. Paschall III, a retired financial analyst who raced sailboats and flew airplanes, died Jan. 15 of amyotrophic lateral sclerosis, more commonly known as Lou Gehrig's disease, at his Piney Neck home near Rock Hall.

He was 87.


The son of Henry Morris Paschall Jr., a lumber and oil company owner, and Mary Lees, a teacher, Henry Morris Paschall III was born in Wilmington, Del., and as a young man moved with his family to Piney Neck.

A graduate of Sanford School, a Hockessin, Del., preparatory school, Mr. Paschall, who was known as "Morrie," attended Washington College.


He served with a Marine Corps artillery unit in Korea from 1950 to 1953, when he was discharged with the rank of staff sergeant.

Mr. Paschall moved to Lutherville-Timonium during the 1950s when he worked as a self-employed financial security analyst. He retired in 1989.

As a youngster growing up on the Chester River, he sailed Hamptons and Chesapeake 20s during the 1940s and 1950s. He continued sailing the bay in larger sailboats and earned his pilot's license.

In 1957, he married Laura Lee Hepbron, who died in 1989. After his wife's death, he returned to Piney Neck, where he remained until his death.

Mr. Paschall resumed sailboat racing on the Chester River in the late 1970s, this time in a Sunfish.

"He won the Up River Race and Down River Race year after year on corrected time," said his daughter, Laura "Laurie" Paschall McGrath of Timonium.

In 1992, he broke the Down River Race record aboard his Sunfish, earning the sobriquet of "Paschall the Rascal" from young sailors, his daughter said.

When he was 60, he competed in the National Sunfish Masters in Rehoboth, Del., and earned double gold medals in both age group and overall competition. The next year, he won the World Sunfish Championship that was held in Orlando, Fla.


In addition to sailing, Mr. Paschall performed aerobatics in an Extra Flugzeugbau EA-300, a two-seat aerobatic monoplane. He also held a license to fly helicopters.

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He also built from scratch and flew many sophisticated remote-controlled model airplanes and turbine jets.

Mr. Paschall also competed in several Baltimore Marathons.

In the late 1990s, Mr. Paschall and Christine "Chris" Burgess opened Bay Leaf Gourmet on Main Street in Rock Hall, which they owned and operated for nine years.

Mr. Paschall also enjoyed hunting, golfing, cooking and fishing.

A celebration of Mr. Paschall's life will be held at 3 p.m. Saturday at the Rock Hall Yacht Club, 22759 McKinleyville Road, Rock Hall.


In addition to his daughter and his companion of 20 years, Ms. Burgess of Rock Hall, he is survived by a granddaughter and a great-grandson.