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Malcolm Greene Chace

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Malcolm Greene Chace

Malcolm Greene Chace (March 12, 1875 – July 16, 1955) was an American financier and textile industrialist who was instrumental in bringing electric power to New England. He was a pioneer of the sport of ice hockey in the United States, and was Yale University's first hockey captain. He was also an amateur tennis player whose highest ranking was U.S. No. 3 in 1895.

Chace was born March 12, 1875, in Central Falls, Rhode Island into the illustrious Chace family. Malcolm's great-grandfather Oliver Chace was a textile mill owner, whose company later became Berkshire Hathaway. His grandmother was anti-slavery activist Elizabeth Buffum Chace. His parents were Brown University chancellor Arnold Buffum Chace and Eliza Greene Chace. His son, Malcolm Greene Chace, Jr. and grandson Malcolm Greene Chace III also became directors of Berkshire Hathaway.

Chace briefly attended Brown University, but transferred to Yale and graduated from Yale's Sheffield Scientific School in 1896, attaining some fame as a tennis player at both schools. In 1914, he purchased Point Gammon Light on Great Island in West Yarmouth, Massachusetts, which had previously been owned by the renowned ornithologist Charles Barney Cory. By 1925, Chace owned the entire island, the majority of which has remained in the Chace family to the present day. Chace lived for some time in Providence, Rhode Island, but spent the last 10 years of his life at 60 Sutton Place in New York City and at his summer home in Hyannis, Massachusetts.

Chace's first wife Elizabeth Edwards died in 1947. His second wife Kathleen Dunster (incorrectly reported in his New York Times obituary as "Kathleen Dunbar"), outlived him. He had two sons (Malcolm Greene Chace, Jr. and Arnold B. Chace III) and three daughters.

According to his obituaries, Chace was "credited with having been the father of hockey in the United States." In fall 1892, while still a student at Brown University, Chace visited Niagara Falls, Ontario, for a tennis tournament. While there, Chace was introduced to ice hockey by members of the Victoria Hockey Club. During Christmas Break 1894-95 Chace put together a team of men from Yale, Brown, and Harvard, and Columbia and played ten (or five?) games, touring Montreal, Kingston, Ottawa and Toronto as captain of this team, with the goal of learning how to play the Canadian game of hockey. Upon their return, each of the students established hockey clubs at their respective schools. Chace transferred from Brown to Yale, where he served as team captain and also the player-coach.

On February 14, 1896, played in the first intercollegiate hockey match in the United States against Johns Hopkins University at Baltimore's North Avenue Rink. Yale won the game, 2–1, and both goals were scored by Chace.

Chace played on various other hockey teams over a decade-long career, including the St. Nicholas Hockey Club in New York. He was one of the financial backers of New York's St. Nicholas Rink. In 1932, Chace rescued the Rhode Island Auditorium, then Providence's professional and amateur hockey arena, from foreclosure.

In 2018, the Rhode Island Hockey Hall of Fame and the Chace family established the Malcolm Greene Chace Memorial Trophy to be presented each year for "Lifetime contributions of a Rhode Islander to the game of ice hockey". In 2019, Chace was enshrined in the RI Hockey Hall of Fame.

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