Business: 6th Bankers Trust President

Samuel Sloan Colt, conservatively bold and comparatively young, last week became sixth president of the powerful Bankers Trust Co. of Manhattan. Next month Mr. Colt will be 39. Since his Yale graduation in 1914, he has tended strictly to his business, which was banking, except for a War interlude. He was first a first lieutenant, last a major in the Ordnance service. War over, he returned to the Farmers' Loan & Trust, soon became a vice president. Farmers' Loan merged with the National City Bank. He continued as vice president. Seward Prosser of...

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