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The award of the first prize given by the Chicago Trust Company for original research in business and finance was made to William Alexander Grimes '25 of Caonsville, Md. it has been announced by Dean R. E. Heilman of the School of Commerce of Northwestern University.
Grimes is at present a member of the first year class of the Law School. While at the college he was a member of the Phi Beta Kappa Society, and graduated Magna Cum Laude.
The essay with which he won the prize of $300 deals with Financing Automobile Sales by the Time Payment Plan, and is a comprehensive and very practical exposition of a most timely subject, and one that is of almost universal interest.
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