J. Peter Thompson
J. Peter Thompson, age 87, passed away Sept. 10, 2018, in Worthington.
He was born July 14, 1931, in New York City to Vincent and Sarah Thompson. Raised on Long Island, N.Y., he spent many winters in Nassau, the Bahamas and Florida with his mother. He became an avid deep sea fisherman and hunter before attending Kent School in Kent, Conn., where he was a prefect and lettered in three sports — football, wrestling and rowing. In 1950, he was “stroke” of the Kent crew that won the Thames Challenge Cup at Henley on Thames, England. He graduated from Cornell University in 1954, where he was president of Alpha Delta Phi and senior class representative to the interfraternity council. On graduation, he entered the U.S. Army as a second lieutenant artillery and paratrooper officer and was promoted to the rank of first lieutenant. After leaving military service in 1957, he joined Paine, Webber, Jackson & Curtis in New York as a trainee. He became a general partner in 1967. In his career at Paine Webber, he was partner in charge of all stock and bond trading. In 1969, he conceived and led the design and development of Computrade, the first automated system to make markets in over-thecounter securities and execute market orders instantaneously. He left Paine Webber in 1974 and bought a farm in Mt. Lake, where he grew corn and soybeans. He was senior director of the Windom State Bank for many years and director of several mutual funds based in Minneapolis. At 70 years of age he retired from farming and bought a condo in Palm Desert where he enjoyed golf and swimming.
His wife of 60 years, Pauline R. Thompson, preceded him in death in 2015. He is survived by daughter, Sally and husband Rick Farnsworth of Alexandria, Va.; son, Jim and wife Mirka of Elk Grove, Calif.; and grandchildren: Derek and Jill Farnsworth; and Jimmy and Joey Thompson