Professor Henry "Bill" Bailey Passes
Willamette Professor of Law Emeritus Henry J. "Bill" Bailey III, an eminent commercial law scholar, passed away on April 28, 2006, at the age of 90. Bailey joined the College of Law faculty in 1965 and taught banking and commercial law courses until his retirement in 1981. Following retirement, he remained an active presence at the law school, where he maintained an office and continued to update his many books. His death is a great loss to his family and many friends at the College of Law.
"We are extremely fortunate to have had Bill Bailey for so long, and we treasure our association with the Bailey name," said College of Law Dean Symeon C. Symeonides. "Bill was a most prolific author and one of the nation' s top authorities on the law of bank checks. He dealt with banking and commercial law at every level, including teaching, practice, law reform and public service."
Born in Pittsburgh in 1916, Bailey attended Annapolis Naval Academy and graduated from Penn State University. After serving in World War II, he earned a law degree from Yale Law School. Before joining the Willamette faculty, he worked in the legal departments of the Federal Reserve Bank of New York and the American Bankers Association. He also served as editor of the Banking Law Journal and worked on the committee that drafted the original Uniform Commercial Code Article 4, Bank Deposits and Collections.
Bailey authored numerous texts, including the last five editions of the classic two-volume standard Brady on Bank Checks and Secured Transactions in a Nutshell, which he co-authored with College of Law Professor Richard Hagedorn JD' 73; UCC Desk Book; A Short Course in Commercial Paper; the ALI-ABA handbook Bank Deposits and Collections; the six-volume American Law of Products Liability (second edition); and the three-volume Oregon Uniform Commercial Code. He also authored many law review articles.
"Bill combined great natural ability and a passion for the law with a tremendous work ethic to become one of the most productive faculty members in the College of Law's history," Hagedorn said. "He remains an inspiration to many members of the faculty, who will use his outstanding career as a model for their own."
A funeral mass for Bailey was held on May 3, 2006, at Queen of Peace Catholic Church in Salem, Ore. He was preceded in death by his wife, Marjorie, after 49 years of marriage. He is survived by his four children, George and wife Joanne, Chris and wife Mari (Kreitzberg JD' 90), Barbara and husband Tim Carryer, and Tim and wife Katie McConnell, and nine grandchildren.