, Salem, MA

November 8, 2012

Carlton G. Lutts, 86

Salem — Carlton Gardner “Brud” Lutts, Jr., beloved husband of 59 years of Nancy (Burnham), passed away peacefully at his home in Salem, November 4, at age 86.

He was born in Salem on Jan. 27, 1926, to Carlton and Grace (Smith) Lutts, and was a lifelong resident of the city. After graduating from Salem High School, he enrolled at the University of Maine at Orono. He later transferred to Worcester Polytechnic Institute, where he earned a degree in mechanical engineering, and then served in the U.S. Navy at the end of World War II.

Carlton was an intelligent, passionate and optimistic man, who lived life to the fullest and inspired others to do the same. He worked at General Electric as a young man, and later at Raytheon—which included an 18-month stint in Paris, France, where he lived with his wife and five young children—and still later at USM Corp in Beverly. But his biggest passions were music and investing. He pursued the former by playing the clarinet his entire life, performing in traditional jazz bands large and small. In his later years, Nancy accompanied him on the accordion and they delighted many local audiences with their music.

He pursued his passion for investing by launching The Cabot Market Letter in 1970 and built the newsletter into a widely respected publication that evolved into Cabot Heritage Corporation and Cabot Money Management, two Salem businesses that are thriving today. Carlton was also an avid tennis player, a director of the Salem YMCA, a member of the planning board of Salem and treasurer and lifelong member of the Tabernacle Church.

He is survived by Nancy and their five children, Heidi Ann Lutts-Longo and her husband Paul Longo, Timothy Warren Lutts and his wife Julie Shaw Lutts, Robert Tomlinson Lutts and his wife Rachel Nadeau Lutts, Jennifer Choate Strom and her husband Robert Strom and Andrew Parker Lutts and his wife Elizabeth Salt Lutts; brother, Richard Lutts and sister, Phoebe Burnham, all of Salem; as well as 11 grandchildren, 11 nieces and nephews and his faithful dog Ruben.

ARRANGEMENTS: A memorial service will be held on Saturday, November 10, at 10:30 a.m., at Tabernacle Church in Salem, which is accessible. In lieu of flowers, donations may be made to the Salem High School Music Department, 77 Willson St., Salem, MA 01970. To share a memory or offer condolences, please visit or call 978-744-0497.