Overview
Samuel Sloan Colt (July13, 1892 – May2, 1975) was an American civil servant, banker, and philanthropist. He served as president and chairman of Bankers Trust, as a commissioner and chairman of the Port Authority of New York and New Jersey, and as a director of the Federal Reserve Bank of New York.
Early life
Colt was born on July13, 1892, in New York City. He was the only son of Richard Collins Colt (1863–1938) and Mary Adelaide (née Sloan) Colt (1868–1954), who owned Curry Farm in Garrison, New York. His younger sisters were Catherine Dunscomb Colt (wife of Charles Denston Dickey Jr., a senior partner at J.P. Morgan & Co.), and Mary Sloan Colt, the wife of Louis Curtis Jr. His father was an importer with Collins & Co.
His paternal grandparents were Harris Colt and Catherine (née Dunscomb) Colt. His maternal grandparents were Margaret (née Elmendorf) Sloan and Samuel Sloan, a former New York State Senator who was the longtime president of the Delaware, Lackawanna and Western Railroad. Among his large extended family was cousin James C. Auchincloss, a U.S. Representative from New York.
In 1910, he graduated from the Groton School before attending Yale University, where he graduated in 1914.
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