William M. White Business Library
The Business Library is named for University of Colorado alumnus William M. White (Class of 1933) whose family's support was instrumental in its founding.
Generous support for the Library's Corporate Records Room and its Electronic Media Center has been provided by the family of Douglas H. Buck (CU Class of 1929) for whom both are named.
Information on William M. White
The library is named for William Mathews White of Pueblo, Colorado, Alumnus of the University of Colorado, industrialist and financier, a man of generosity and public spirit, he brought honor and distinction to his country, his community, his family and to his university.
Mr. White was born November 11, 1911, in Pueblo, the son of Asbury and Lavina Pearl (Tarter) White. Asbury White was a leader in southern Colorado business, founder of the successful firm of White and Davis, the city's first department store.
In his boyhood and school years, William M. White shared the experiences of youth in a growing western city whose social spectrum was broad and whose economy ranged from modest enterprise to the West's largest steelworks. Upon graduation from Centennial High School in Pueblo he enrolled in the University of Colorado Boulder and in 1933 graduated with a Bachelor of Arts. He immediately establish in his native city and state the solid foundations of a business and financial career which was to win him national prominence.
Two of the most respected and influential families of Colorado were brought together in 1935 by the marriage of Mr. White and Helen Elizabeth Thatcher of Pueblo, daughter of Mahlon D. Thatcher, Jr. The Thatcher interests had grown from the founding of the First National Bank in 1872 to dominance in Colorado finance with ownership and control of thirty-six banks.
Compelling loyalties and determinations shaped Mr. White's life. He was devoted to his wife and their two sons, Mahlon Thatcher White and William Matthews White, Jr., both of whom he guided toward their own distinguished places in business and society. He paid fond attention to the White home estate, Walking Winds Farm, which he established on a promontory overlooking the Arkansas River just east of Pueblo.
Early zeal for civic responsibility led to Mr. White's acknowledged leadership in educational, social, business and industrial affairs in Pueblo and Colorado. Through his personal encouragement and financial help many young people were prepared for promising careers. Meanwhile his competitive acumen, forthright judgment and abundant enthusiasms won him recognition and associations far beyond his home sphere.
Mr. White's zest for the out-of-doors and his respect for natural resources were expressed in many ways. He operated Trail's End, a modern ranch near Westcliffe, Colorado, where he bred registered Hereford cattle and Arabian horses. He championed the conservation of wildlife through scientific control of species and regulated hunting and fishing. He returned with record trophies from adventures in big game country. His gun collection was one of the most complete in the West. He became an authority on early day railroading, on frontier lore, and Indian arts and crafts.
Demands of his immediate business interests were legion. Under his presidency and board chairmanship, the Minnequa Bank of Pueblo became one of the major banks of the Rocky Mountain region; and four other banks, the Bank of Aspen, First National Bank of Alamosa, First National Bank of Durango and First National Bank of Salida, paced the progress of their respective cities.
Immediate demands never deterred him from sharing his executive and counseling skills in the service of national corporations, educational institutions and charitable foundations. Mr. White was director and executive committeeman of the Colorado Fuel and Iron Corporation (late CF&I Steel Corporation), Great Western Sugar Company, Golden Cycle Corporation, and Smyth Worldwide Movers; a director of the First National Bank of Denver, the Colorado Milling and Elevator Company, the National Western Stock Show, the Jefferson County Bank, and the Central City Opera Association; a trustee of the Colorado Springs Fine Arts Center; a member of the Board of Visitors and Governors of St. John's College of Santa Fe, New Mexico, the Advisory Board of St. Mary's-Corwin Hospital in Pueblo, and Colorado Advisory Board of the Mountain States Telephone and Telegraph Company; and a member and past president of the Colorado State Chamber of Commerce.
In 1966 Souther Colorado State College in Pueblo bestowed an Honorary Doctor of Business Degree upon him, and he delivered a memorable address at commencement exercises of that new institution. In 1954 he was awarded the Business man of the Year Award by the University of Colorado School of Business.
The Governor of Colorado, the Honorable John A Love, said of his friend: "Bill White was an outstanding member of the Colorado Community and a great representative of the Thatcher-White banking families. Colorado will greatly miss his creative abilities."
- by Alexis McKinney