K&C Founding Partner Dies

Norfolk, VA (March 17, 2009) - Leroy “Buddy” T. Canoles, a founding partner of Kaufman & Canoles, P.C., died on March 17, 2009.

Born in 1925, Mr. Canoles was a Norfolk native who practiced his entire CPA and legal career in Hampton Roads. He graduated in 1943 from Maury High School. Before attending college, he served as a Platoon Sgt. in the U.S. Army, First Calvary Division. Mr. Canoles attended the College of William & Mary where he received his A.B. in 1948. After graduation he joined his father’s accounting firm, Canoles & Co. In 1951 he received his LL.M. from the University of Virginia School of Law. At UVA, he was a member of the Order of Coif and on the editorial board of the Virginia Law Review . Mr. Canoles practiced as a solo practitioner for several years before founding the firm Canoles, Mastracco, Martone, Barr & Russell, in 1966. On January 1, 1982 his firm merged with Kaufman & Oberndorfer to form the firm Kaufman & Canoles, P.C. He formally retired from the firm in 2007. Mr. Canoles specialized in tax and corporate law and was the first lawyer in Virginia to successfully incorporate physicians, completing over 400 transactions.

Throughout his career Mr. Canoles was active in the Virginia State Bar, serving as the Chairman of the Board of Governors of the Business Law Section. He was also appointed as a Fellow to the Virginia Law Foundation, American College of Trust and Estate Counsel, American College of Tax Counsel and the American Bar Foundation. In 1984 Mr. Canoles was named Director of the Federal Reserve Bank of Richmond and soon after Chairman.

Buddy was an outstanding leader and mentor, said William R. Van Buren, Chairman of Kaufman & Canoles. He was also a man with a great sense of humor and a zest for life. Buddy and the other founders established a firm culture of collegiality, unselfishness, mutual respect and teamwork that has been a defining characteristic of Kaufman & Canoles since our inception. My fellow attorneys and I owe him a debt of gratitude for that.

The community was also a recipient of countless hours of service from Mr. Canoles. He served as Trustee Emeritus of Sentara Health Systems; Chairman of the Board of Sentara Alternative Delivery Systems; Trustee of the Beazley Foundation; Trustee of the Virginia Space Roundtable, President of the Harbor Club, Sunday school teacher and member of the Managing Board of Christadelphian Church.

The funeral service for Mr. Canoles will be held at 11:00 a.m. Friday, March 20, 2009, at Elmwood Cemetery located at 238 E. Princess Anne Road, Norfolk, Virginia. A reception will immediately follow the service in the Grand Ballroom at Harbor's Edge located at One Colley Avenue, Norfolk, Virginia.

The contents of this publication are intended for general information only and should not be construed as legal advice or a legal opinion on specific facts and circumstances. Copyright 2017.

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