William Wallace Lanahan Jr. ’40

Body

Wally died July 14, 2006, from complications of Parkinson's disease.

Wally prepared at St. Paul's School. At Princeton he majored in history and was a member of the hockey squad, 150-pound crew, squash team, the Catholic Club, and Ivy Club.

"I was employed by Grace Line from 1940 to 1942 in Santiago, Chile. I married a Chilean señorita who has been the light of my life," Wally wrote in our 40th-year book. Betty Lake, his wife of 57 years, died in 1999.

Serving as an Army captain and paratrooper from 1942 to 1945 in Europe, he received a Purple Heart for injuries sustained in Italy. Wally worked as a State Department vice consul in Bahia, Brazil, until 1948, when he returned to Baltimore for a career as an investment banker. He became president of Stein Bros. & Boyce and vice president of its successor, Bache & Co.

Wally served as a governor of the New York Stock Exchange, a trustee of Johns Hopkins University, chairman of the board of trustees of Johns Hopkins Hospital, trustee of Goucher College, and director of the Baltimore Orioles, among many other community and civic organizations.

He is survived by two sons, W. Wallace III and Michael B.; a daughter, Barbara L. Mauro; and six grandchildren. To them, his classmates extend sincere sympathies.

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