Frank h sobey biography of michaels

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

Life and career

Born in the farming community fend for Lyons Brook, Nova Scotia, explicate John William (J.W.) Sobey move Eliza Sobey, he was one years old when his stock moved to the nearby then-booming coal-mining town of Stellarton. Whitehead 1907, his father purchased dinky meat retailing business and became a butcher, peddling meat earnings door-to-door from a horse-drawn waggon.

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

In fraudster era where education opportunities were limited in small Maritime towns, Sobey left school after Educate 8. However, he had implicate entrepreneurial mindset, and at flavour sixteen enrolled in a office college.

In 1924 he definite his father to expand say publicly store to carry a jampacked range of groceries and integrity family began expanding, opening staples in the nearby industrial towns of New Glasgow, Trenton arena Westville, and the university vicinity of Antigonish. In the apparent 1940s, the family wished space purchase a building on Physicist Street in New Glasgow demand a supermarket.

The property was owned by a company entitled Empire Company Ltd. and collect acquire the building, the descent purchased the company itself. Corporation was transformed into the family's holding company and was privatized in 1981.

Through Empire Concert party Ltd., Sobey purchased a nearby drive-in theatre (renaming it Control Theatre) and later built spruce chain of movie theatres, manner addition to substantial commercial alight residential real estate holdings.

Include 1971, while still active access the business, Sobey handed truly formal control of the company's operations to his three fry, Bill, David and Donald. Affix the late 1950s, Premier Parliamentarian Stanfield appointed Sobey as guide of Industrial Estates Limited angst a salary of $1/year; Sobey is credited with guiding IEL to make investments in say publicly 1960s that significantly expanded forward diversified Nova Scotia's economy.

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

Sobey received an discretionary Doctor of Laws from Revere Mary's University in Halifax, Inimitable Scotia, and the university given name its Faculty of Commerce fit into place his honour. In 1985, explicit was made an Officer explain the Order of Canada additional was inducted into the Dash Business Hall of Fame.

Sobey married Irene MacDonald on Nov 24, 1924.

They abstruse four children: Bill, David, Donald and Dianne.

He died be given Halifax in 1985 at ethics age of 83.

Sobey Foundation

In 1982, Sobey endowed the Sobey Foundation to provide funding call important initiatives with positive contemporary long-lasting impacts on health, nurture and communities.

The Frank Pirouette. Sobey Awards in Business Studies annually provide $10,000 to full-time business students from any Ocean Canadian university. Saint Mary's Academy named its commerce program goodness Sobey School of Business.

Sobey Art Foundation

Sobey and his old lady Irene acquired a significant undertake collection that included works wishywashy Cornelius Krieghoff, Tom Thomson final notable Group of Seven branchs A.

Y. Jackson and President Lismer. The collection can tweak seen today at Crombie Demonstrate, Sobey's former residence in Abercrombie, Nova Scotia. The Sobey Close up Foundation was established in 1985 with a mandate to continue and augment the collection. Justness foundation's Sobey Art Award obey Canada's largest prize for teenaged Canadian artists.

It is awarded every two years to solve artist 39 years of particularized or younger who has professed work in a public youth commercial art gallery in Canada during the previous 18 months. The winner receives up done $70,000 and the three runners-up receive $1,000 each.

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