C. Canby Balderston (1897-1979) was the son of John Lloyd Balderston (1849-1921) and Anna Elizabeth Marshall Balderston (1856-1925). John Lloyd Balderston was the son of Lloyd and Catherine Canby Balderston who married under the care of Philadelphia Monthly Meeting in 1843 and settled in Colora, Cecil County, Maryland. They had twelve children including Anne (1844-1934), a teacher; George (1847-1907); C. Canby (1847-1923), teacher at Westtown and businessman; John Lloyd (1849-1921); Jane (1851-1924); Charles (1852-1924); Catherine (1854-58); William (1856-1914); Ellwood (1858-1921); Mark (1860); Alice (1861-64); and Lloyd, Jr. (1863-1933). John L. Balderston married Anna Elizabeth Marshall under the care of New Garden Monthly Meeting in 1881, and both were active members in the Society of Friends. John L. Balderston served as an elder in Kennett Monthly Meeting. After his death, Anna Elizabeth lived with their son Robert W. Balderston in Media, Pennsylvania. John L. and Anna E. Balderston had two sons, Robert W. (1882-1940) and C. Canby Balderston (1897-1979). Robert was a farmer and active in the National Milk Association.
C. Canby Balderston attended Westtown School and earned his bachelor, masters and doctorate at University of Pennsylvania where he served on the faculty for more than 30 years. During WWI, he served with the Friends Relief Service and the Relief Commission for Belgium. A prominent Quaker and businessman, C. Canby Balderston served as Dean of the Wharton School and as vice chairman of the Federal Reserve from 1954-1966 and authored many articles and books on management and banking. e was also active in many institutions including Friends Hospital, Westtown School, Sidwell School, Bryn Mawr College, and Elywn Institute. C. Canby Balderston received many awards including the Medal of Merit for his services during WWII and honorary degrees from University of Pennsylvania and Swarthmore College.
In 1922 he married Gertrude Emery (1902-1941), the daughter of Frederick R. Emery and Jeanne Thomson Balderston. They had two sons: Frederick Emery Balderston (1923-2007), who married Judith Braude in 1949; and Robert Walter Balderston (1924-2012), who married Dorothea Ellinson. Gertrude was hampered by a heart condition and died at the age of 39.
In 1942, C. Canby Balderston married second Ida Roberts Smedley (1896-1993). A long-time teacher, she was the widow of Walter Smedley, a prominent Philadelphia architect.
Both of C. Canby and Gertrude's son attended Westtown School and in September 1942 volunteered with the American Field Service as ambulance drivers. They served with the British 8th and 9th Armies in the Middle East, North Africa, Italy and Austria in 1943-1945. Frederick Emery Balderston was a professor of business administration in the Haas School of Business at the University of California, Berkeley, and a recognized authority on the savings and loan industry, university administration, and computer simulation research in banking and marketing.
In 1949 Frederick E. Balderston married Judith Braude (1926-1993), daughter of Paul and Anne Braude. She grew up in the Bronx and graduated from Swarthmore College in 1946 Judith Balderston earned her Ph.D. from University of California, Berkley, in 1982, and worked as a Research Associate at Berkley.