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His elementary education was received at Punahou. He then attended Oahu College, Oberlin and at Princeton University received his A.B. in 1894. His medical degree was granted by the College of Physicians and Surgeons in 1898. Dr. Waterhouse interned at General Memorial Hospital, New York City, from 1898 to 1900.
Returning to Honolulu, Dr. Waterhouse practiced medicine and surgery from 1900 to 1913. At various periods he was a surgeon at Queen's Hospital. He was a member of the medical partnership of Waterhouse and Judd (Dr. James R. Judd), which was the foundation of the present Medical Group.
On February 26, 1900, Dr. Waterhouse married Helen Amy Harding at Welsford, New Brunswick, Canada. The Waterhouses had three children: Helen Amy, Leigh and Gwendolen.
Dr. Waterhouse became interested in the rubber industry of Malaya and spent considerable time in the Far East. The doctor was the first American to start rubber planting in the Far East. In 1905-1906 he started the Pahang and Trandjong Olak Rubber plantations. From 1906-1910 he was president of the Pahang Rubber Co. and of the Trandjong Olak Rubber Co. He also served as vendor for the Kong Lee Perak Rubber and coconut Plantations in 1910. The following year he organized the Selam-Dindings Plantations, Ltd. From 1914-1916 Dr. Waterhouse was manager of the Kwala Goenoeng Estate in Sumatra. He became the president and managing director of the Hawaiian Sumatra Plantations, Ltd. in 1916.
Retiring in 1937, the doctor made his home in San Francisco.
On September 11, 1947 Dr. Waterhouse died in San Francisco within a few months of his 76th. birthday.
He was a member of the University Club and of the Oahu Country Club.
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