Yacht-buyer Active in Local Land Deals

'BOY PROMOTER'

from THE PROVINCE Newspaper – Friday, October 16, 1959

George Caldough, 30, host to Errol Flynn during the last days of his life is a self-styled “boy promoter.”

“Just call me an entrepreneur,” said the dapper, likeable West Vancouver resident who has a penchant for continental suits and bowler hats.

A resident of West Vancouver for the past three years, he lives in a sprawling ranch home on Eyremount Drive in the British Properties. His parents are Mr. and Mrs. Wallace Caldough, 3751 Cypress.

“No, I'm definitely not a millionaire. In fact I'm far from it.

“I'm in the promotional business—in mining and oil. I have an interest in some companies in the Yukon.”

His Vancouver interests include real estate. He is sales manager of Mt. Baker Investments and is associated with Derek M. Gunderson in Centennial Holdings Ltd., a firm that bought nearly 100 acres of Crown land near Whytecliff at $95 an acre.

His biggest interest just now is taking over Flynn's yacht and hiring it out for charter. He signed a contract with Flynn a few days before the actor died.

The yacht, now moored at Majorca, near Gibraltar, is to be offered for charter in the West Indies. Flynn sold the 116-foot craft reportedly because he needed the money.

Newspaper company logos and mastheads are under copyright. Article text published without a copyright symbol is within the Public Domain.

— David DeWitt

4 Responses to Yacht-buyer Active in Local Land Deals

Leave a Reply