Fred Lee Proctor Sr.
Fred Lee Proctor, Sr.
GREENSBORO -- Mr. Proctor, Sr. died peacefully on Friday, November 7, 2008, at Moses Cone Hospital. His death marked the passing of one of the early leaders of the textile industry.
A memorial service will be held at 3pm Sunday, November 9, 2008, at West Market Street United Methodist Church in Greensboro.
Mr. Proctor foresaw the migration of the production of textile raw materials and soft goods manufacturing from the Northeast to the South, the importance of new products based upon synthetic materials and the replacement of low-wage jobs in poor conditions to high productivity men and women managing machines which increased output, improved quality and reduced prices.
Fred Proctor was born in Tampa, FL to Charles Wesley Proctor and Etna Hagin Proctor, and grew up on Okeechobee, FL. After finishing high school, he worked in Okeechobee before moving to North Carolina in 1934. He returned to Florida briefly in 1937 to marry his childhood sweetheart, Myrtle Raulerson Proctor, and brought her to North Carolina.
Beginning his textile career in McCrary Hosiery Mill in Asheboro as an hourly worker, Mr. Proctor steadily advanced there, and later in Burlington Industries during World War II. In 1943, he bought eight warp knitting machines and co-founded Guilford Mills in the rear of James Hornaday's feed store on South Elm Street in Greensboro. In 1946, he sold his interest in that business and went to work for Madison Throwing Co. Shortly thereafter, he and other investors founded Hatteras Yacht Co. In 1962, Mr. Proctor and Joe Hamilton founded what later became Texfi Industries. While at Texfi, Mr. Proctor recognized the potential for covered elastic yarns in ladies hosiery and sports garments and funded Spanco Industries, Inc. which became one of the two largest producers in the world.
In all, Mr. Proctor founded three companies which were listed on the New York Stock Exchange, and, in addition, was involved in home construction, venture capital and hedge funds. By one count, he created over 7500 jobs which supported nearly 30,000 people.Throughout his life Fred Proctor always proclaimed that, when one plows a field and harvests crops, he has an obligation to fertilize the ground. As a result, his charitable causes were numerous. He and Mrs. Proctor donated the proctor School of Business at Greensboro College, where he received an Honorary Doctorate in Humanities; he established the Proctor Scholarship at Duke Divinity School and, most recently, a graduate Scholarship at Duke University. He and Mrs. Proctor were also benefactors of the Guilford Day School, the Greensboro Day School and the Greensboro Foundation. They were faithful members and strong supporters of the West Market Street United Methodist Church for over 60 years.
Mr. Proctor was preceded in death by his wife Myrtle. He is survived by his children Charles Wesley and wife Judy of Aspen, Colorado; Fred, Jr. and wife Cindy of Greensboro; and Julie Proctor Lemley and husband Curt of Mooresville, North Carolina; his half brother Connie Simmons and wife Barbara of Inverness, Florida. Also surviving are six grandson and one granddaughter: Wes Proctor, Jr. and wife Natalie of Denver, Colorado; John Proctor and wife Corinna of Raleigh; Fred Lee Proctor, III of Greensboro; Charles Proctor of Wilmington, North Carolina; Betts Powell of Atlanta Julian Powell of Mooresville, North Carolina; and Annie Proctor of Greensboro; two great granddaughters, Toni and Isabelle of Denver, Colorado.
The family wishes to thank Dee Bryant and all of the loving caregivers for their dedication and loyalty.The family will visit with friends at his home 7-9 PM Saturday, 940 Country Club Dr.
Memorials may be made to W. Market Street United Methodist Church, 302 W. Market St., Greensboro, and NC 27401; or to Greensboro College, 1000 W. Market St., Greensboro, NC 27401.Hanes-Lineberry N. Elm Funeral Home is assisting the family.
Published by Charlotte Observer on Nov. 9, 2008.
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15 Entries
Dear Wes and Judy,
It is with great sorrow to hear of Fred's passing . Certainly the end of a great era and fond memories. We miss you dearly.
Rich and Kerry Apicella 212 279 4394
Richard Apicella
November 17, 2008
Perry and I are deeply saddened at the passing of your father, grandfather and friend. We knew Fred thru' Patti Pardee(Foster) and had the priviledge of staying at their home in Wrightsville Beach and also for dinner at the Greensboro home. He and Myrtle were gracious, lovely people and he will be greatly missed.
Perry & Lasca Dudden
November 12, 2008
Dear Julie,
I read of your father's passing and wanted to express my sincere sympathies. You certainly have much to be proud of and I'm sure many fond memories. It would be great to see you, please call if and when you come to Wilmington. Thinking of you during this sad time,
Vicki Courtney Gibson
November 10, 2008
I offer condolences to the Proctor family at the this time of bereavement. My prayers are going up on your behalf. I was blessed to know your father and mother quite a few years ago when they employed me as their housekeeper.
Betty Burnett (Herbin)
November 10, 2008
I am sorry that I could not join my husband, Alex, for the service Sunday. I live and work in Charlotte through the week and was not in town. Fred was such a gracious gentleman. My father and mother in law (Jim and Mason Barrett) thought so much of both of your parents... I was please to know them via WMSUMC and also as supporters of Hospice. I will remember that Fred had the most genuine and loving smile. May many loving memories bring comfort. What a legacy...
Pam Barrett
November 10, 2008
To the Proctor Family

We lived across the street (on Kirkpatrick) from your father until April of this year and he was such a nice man. He was always very kind to our children and we all enjoyed seeing him on his walks with Liza. We offer our sincere condolences to all of you.

Leslye and Marshall Tuck and Family
Leslye Tuck
November 9, 2008
To The Family:
Fred was a neighbor of ours for many years on Water St. at Wrightsville Beach. He was a wonderful neighbor and we all thought the world of him. Our deepest sympathy to you.
The Humphrey Family
Don Humphrey
November 9, 2008
Dear Wes,Fred, and Julie,

Just talked with Joe last night about Uncle Fred. So very sorry for your families. Sounds like he left quite a legacy. It is nice to know the number of grandchildren and great grandchildren. I do wish I could have been with you all today.
Scotty and I are now living in Arcadia with his 90 yr. old mother.
Scott and Lisa, our son and daughter-in-law live in Alexandria,Va.
Our daughter Mary Jane and her husband David Lindrum live in Hendersonville, NC with our only grandchild Kate who is nine.
Maybe one of these days we will get a chance to visit in person. I remember well the summer I visited in Greensboro for a few weeks.
May the Lord bless and comfort you all in your loss.
Jane and Scotty Turner
Jane Turner
November 9, 2008
To TheFamily,

We just found out about Freds passing and were very sadden by the news. We would like to express our condolences to you all. Fred was a wonderful person and we enjoyed spending time with him at Wrightsville Beach.

You are all in our Prayers,

John and Debbie Jordan
Wilmington, N.c.
Debbie Jordan
November 9, 2008


November 9, 2008
Dear Wes, Judy and family,
Marshall and I send our condolences for your loss. Wes, we did not know your father but understand what a productive and caring person he was. He set a fine example of how one might best live a succesful life.
You are in our hearts during this difficult time.

Barbara and Marshall
Marshall and Barbara Davison
November 9, 2008
Joe just called to tell us about Uncle Fred. We have such fond memories of our visits with him and Aunt Myrt. We had a good talk with Joe who brought us up to date on the family. The news was bittersweet. The children and grandchildren seem to be widely spread all over the country. Ours have ended up at Wake Forest and in New Jersey.
Al and Bert Raulerson, Statesboro, Georgia
Al and Bert Raulerson
November 8, 2008
Dear Julie, Fred and Wesley,
Each one of you and all of our childhood memories are in my thoughts today. Your dad will always be remembered as handsome! And always so sweet to everyone -
God bless ; I wish I could be there with you,
Lynn Johnson Titchener
November 8, 2008
Dear Julie, Fred, and Wesley, my sympathy to you. Your Dad was one lovely man, what a smile. Always so friendly and nice. So many good memories. Mary Lynn Johnson DeLany
Mary Lynn DeLany
November 8, 2008
John and I would like to express our sincere condolences to all the family. Fred was a wonderful person and had a great since of humor. We always enjoyed spending time with him.
With love
Tonya and John Kegley
Tonya Kegley
November 8, 2008
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