Walter H. Saunders Jr. ’26

WALTER SAUNDERS, noted as an expert in the field of ship financing, died on July 3, 1989, at the age of 83. Walt joined the class in 1923 on a transfer from the Univ. of Virginia, majored in psychology, and was a member of Dial Lodge. He studied law at Harvard and was in private practice in N.Y. before joining the legal dept. of Metropolitan Life in 1933. There he made his mark in financial transactions, notably in ship financing, and in 1951 was made a third V.P. Walt left the Met in 1954 to become president of Transoceanic Marine, the representative in the U.S. of the Niarchos shipping empire. Before his retirement in 1972, he was also a partner in Ladenburg, Thalmann & Co. and president of Liberian Iron Ore International. He served on the boards of Atlantic Bank and the Reserve Fund. During the war, Walter was in the Navy as a lieutenant commander in the Bureau of Aeronautics and in the office of the secretary.

Walter and Kathryn Lunt were married in 1930. They enjoyed travel and had numerous trips abroad. Walter also found time for hobbies of golf, tennis, and bridge. Walter is survived by Kathryn; their two daughters, Elizabeth Hornor, of Cape Cod, and Kathryn Goulandris, of London; five grandchildren; a great-granddaughter; and a brother, William, of Washington. To all of them we extend our sympathy.

The Class of 1926