Norton “Doc” Masterson, 98, formerly of 1516 Clark St., a longtime Sentry Insurance executive and the oldest living active Rotarian in the U.S., died Friday, Dec. 22, 2000, at St. Michael’s Hospital.
A memorial service will be held at11 a.m. Wednesday at Frame Memorial Presbyterian Church, with the Rev. Ed Hunt officiating. Burial will be at 10 a.m. Wednesday at Forest Cemetery, preceding the memorial service.
Mr. Masterson was born Oct. 17, 1902, on a farm near St. Croix Falls, a son of the late Norton J. and Ulricka (Stenberg) Masterson.
He graduated from St. Croix Falls High School in 1920, received a bachelor’s degree from Lawrence College in 1924 and a master’s degree from Harvard University in 1935.
He was married to Cathryn A. Wolfe on Oct. 16, 1926. She died Aug. 2, 1957.
He was married to Emma C. Turner on Oct. 10, 1959.
He worked for the insurance industry for more than 43 years, starting with Standard Accident Insurance Co. in Detroit from 1924-1926. He came to Sentry Insurance in 1926, working as a statistician from 1926-1928, actuary from 1928-1933 and actuary and vice president from 1933 until his retirement on Dec. 31, 1967.
He was an instructor in statistics at the University of Wisconsin-Stevens Point from 1962 to 1963.
He was a member and past officer of the Casualty Actuarial Society, a charter member of the American Academy of Actuaries, a member and past officer of National Association of Business Economists, International Actuarial Association, American Risk and Insurance Association and Wisconsin Actuaries Club.
He compiled and published an economic index to measure insurance claims costs, which was named “The Masterson Index.”
He was on the Stevens Point Board of Education from 1935 to 1952, serving as its president. He was school board president when P.J. Jacobs Junior High School was built. The school was completed in 1938.
He was also on the Wisconsin Association of School Boards, was a past president and received the Wisconsin Outstanding School Board Award in 1949. He was involved in many statewide educational committees and was appointed by several Wisconsin governors to committees for educational reform.
He was a member of the Lawrence University board from 1955 to 1961.
He was a member of Frame Memorial United Presbyterian Church, serving as an elder. He was a charger member of the Stevens Point Country Club and the Curling Club.
A member of the Stevens Point Rotary Club since 1928, he has served as its president and historian. The Rotary Club honored him as a Paul Harris Fellow in 1978 and was recently honored as the oldest living, active Rotarian in the United States.
Survivors include two daughters, Cathryn (Wayne) Weinfurter, Land O Lakes, and Meridith Masterson, Palatine, Ill.; four grandsons; and two great-grandchildren.