Leavitt subsequently attended Bowdoin College in Brunswick, Maine, where he became a voracious reader, and to which he later helped send his younger brother Russell by paying his tuition.
Leavitt subsequently attended George Washington University Law School in Washington, D.C., and practiced law briefly in New York City, before joining the Wall Street investment banking firm of Bertram, Griscom & Company.
While working at Paine Webber, Leavitt indulged his true loves – literature, oriental carpets and the companionship of artists and writers of the day.
Having eventually made a fortune on Wall Street, Leavitt retired back to his beloved Maine.
[5] Among the manuscripts owned and collected by Leavitt, who turned to book collecting after the Wall Street crash of 1929, was an original Shakespeare First Folio, as well as the original manuscript of D. H. Lawrence's Sons and Lovers, written in Lawrence's own hand.