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Jim Price, right, spoke with son Bill at the Queen's Cup. The elder Price missed only two editions of the Queen's Cup. (Tod Marks photo)

W. James Price IV, father of Queen’s Cup Steeplechase co-chair Bill Price and a strong supporter of the Charlotte, N.C.-area race meet since its founding in 1996, died Tuesday in Florida. He was 94.

During a long career in the brokerage industry, he became a partner and managing director of Alex. Brown & Sons, based in Baltimore.

A Baltimore native, he was educated at that city’s St. Paul’s School and enrolled in Virginia Military Institute in 1942. The following year, he enlisted in the Army and served as an infantryman in Europe. In the final months of the war, he was wounded twice behind German lines in the Huertgen Forest in Belgium, once by a land mine and then by enemy gunfire while returning to Allied lines.

He was hospitalized for 16 months while recovering from his injuries and was awarded the Bronze Star and Purple Heart with Oak Leaf Cluster. He completed his college education at Yale University, class of 1949. Known for his wry humor, he said that he and the late President George H.W. Bush had two things in common: they both went to Yale after the war, and they both detested broccoli.

Immediately after college, he formed his own brokerage firm, Price & Co., which specialized in mutual funds, then beginning to grow in popularity, and over-the-counter stocks. He joined Alex. Brown in 1952 as head of its mutual funds department.

That year, he married the love of his life, Marjorie “Midge” Beard of Philadelphia, and their marriage spanned 62 years to her death in 2014.

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SOME FACTS ABOUT JUMP RACING IN NORTH AMERICA

$5,998,500

NSA PURSES IN 2017

480 HORSES

RAN IN 2017

+1,000,000

SPECTATORS EACH YEAR

12 STATES

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