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It's Only Natural

Boyle Investment Co., a Memphis-based real estate investment company with Washington and Lee connections, made headlines recently by donating 290 acres of land to the Wolf River Conservancy. The non-profit land trust, based in Memphis, is charged with conserving and enhancing the Wolf River corridor and watershed as a sustainable natural resource.

Bayard Boyle Jr., a 1958 graduate, is the chief executive officer of Boyle Investment Company while Paul Boyle of the Class of 1991 is  executive vice president and first executive manager of the company. Bayard’s father and two uncles founded in 1933.

According to stories in the Memphis media about the gift, Bayard Boyle Sr. originally bought the land 35 years ago. The land is reportedly worth $2 million, and the gift was the largest in value in the 25-year history of the Wolf River Conservancy. The area will now be designated as the Boyle Preserve in Bayard Boyle Sr.’s honor and “will permanently conserve the natural habitat for the abundant wildlife on the site, including deer, turkey and many species of birds.”

In one of the articles about the gift, Bayard Jr. said: “We’re donating it because it’s a valuable natural area that has really beautiful trees and old oxbow lakes, and it fits in with the Wolf River Greenway Conservancy plan.”

Bayard Jr. joined the company in 1960 and became president in 1971. In 1986, he assumed the role of chairman. Paul joined the firm in 1992. He reviews the operation of Boyle’s land, residential, office and retail departments, and provides extensive financial analysis of partnership and joint venture structures and projects.

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