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Homer St. Clair Pace


Homer St. Clair Pace (April 13, 1879 – May 22, 1942) was an American business educator and innovator in the field of accountancy who, jointly with his brother Charles Ashford Pace, founded Pace University in New York.

A native of Rehoboth, Ohio, Homer Pace first worked as an assistant to his father, John Fremont Pace, a Civil War veteran, in editing and publishing a weekly newspaper. He left journalism following his father's death in 1896.

After working as a secretary and bookkeeper in Michigan, Texas and Minnesota, he secured a position with the Chicago Great Western Railroad. In January 1901, he was transferred to New York to serve as manager of the New York City office and, in 1902, became the Secretary of the Mason City and Fort Dodge Railroad, an affiliated line. In 1904 he passed the New York State C.P.A. examination.

In 1906, Homer Pace left the railroad to begin a business of his own. Together with his brother Charles, an attorney, he established the partnership of Pace & Pace for the purpose of preparing candidates for the New York State C.P.A. examination. In its early years, the Pace & Pace partnership ran schools that featured courses in accountancy and business law in a number of cities throughout the United States. The Pace Standardized Course could also be taken by correspondence. One of these schools, the Pace Institute of Accountancy in New York City, was chartered as Pace Institute in 1935. Homer Pace served as the president of the New York State Society of CPAs from 1924 to 1926. In 1918-19 he was Acting Deputy Commissioner of the Internal Revenue Service.


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