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Arthur Fraser Walter (12 September 1846–10 August 1910) an English newspaper proprietor and the second son of John Walter (third).

Walter born on 12 September 1846. He studied at Eton College and Christ Church, Oxford. He entered Lincoln's Inn to study law. He was called to the bar as a barrister, but never practised. John Walter (second), the grandfather of Arthur, died on 28 July 1847. John Walter (third) succeeded to the management of The Times in 1847. Arthur made agreements with the American firms to sell the Encyclopædia Britannica. He was also responsible for the establishment of the Times Book Club.

Walter's father died on 3 November 1894 and he became the new chief proprietor of The Times in 1894. He remained chief proprietor of The Times until 1908, when it was converted into a company. He then became chairman of the board of directors of the company that purchased the paper. He died on 10 August 1910.

Walter also held several other positions. He was a Lieutenant Colonel of Volunteers, a Director of the London & Southwestern Railway, High Steward of Wokingham, and a member of the Travellers' and Union Clubs.

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