John M. Wallace

John M. Wallace

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Gender:
Male
Birth:
14 December 1893
Death:
7 February 1989
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Biography

Introduction

John McChrystal Wallace (December 14, 1893 – February 7, 1989) was an American banker, philanthropist, and politician. He was a Utah state senator from 1933 to 1935 and mayor of Salt Lake City, Utah from 1938 to 1940.

Early life and education

Wallace was born on December 14, 1893. He graduated from the University of Utah in 1916, and then attended Harvard Graduate School, receiving his master's of business administration in 1921.

Career

Wallace was a lieutenant in World War I, and later served as an aide to the U.S. Secretary of the Army.

Wallace served as president and chairman of Walker Bank and established the predecessor to First Interstate Bank. He had a lengthy and diverse career in business, investing in various sectors, ranging from copper mining to hog farming.

Wall served in the Utah State Senate from 1933 to 1935, and in 1938 was appointed mayor of Salt Lake City. He served for two years.