The family and friends of the late Louis D. Miltimore '29 have memorialized him through two separate endowed scholarships.
The Miltimore Scholarship Fund, established by Frances Ross Miltimore in memory of her husband, is to be given with preference to students majoring in American history or English.
The Louis D. Miltimore '29 Memorial Scholarship, created by family (including children L. Dean '74 and Cynthia) and friends, will distribute earnings annually to students who require the greatest financial assistance to attend Union.
Miltimore, who died Feb. 2, 1996, was a member of the College's Board of Trustees from 1953-1957 and trustee emeritus until his death. From 1959 to 1970, he was treasurer of the College, and in 1965 he was elected chairman of the board's Finance Committee. He received a distinguished service award from the New York Alumni Club in 1970 and the Alumni Gold Medal for Service in 1974.
At Union, he was associate editor and managing editor of the Concordiensis and a member of Lambda Chi Alpha Honor Society, the German Club, and Phi Delta Epsilon fraternity.
Miltimore's lifetime dedication to Union was coupled with dedication to his work. After earning his bachelor's degree in economics, he began his career
at Chase Manhattan. He joined Kidder Peabody and Co., Inc., in 1935 as a statistician, rising to become a partner, a vice president, and a director. During his forty-four years, he trained a generation of investment bankers who formed the core of the corporate department.
Frances Ross Miltimore commented that he was admired for his contributions to his hometown community, devoted to Union as a student and as a trustee, respected by his lifelong business associates and friends, and remembered with great affection by many.