Scribner's Memoirs of Lucas County & City of Toledo includes the following background on Young: 

 

Samuel M. Young, was born in the State of New Hampshire, Dec. 29, 1806, and was educated in the schools of his native State, after which he came to Ohio and located at Maumee, where for a time he was employed as a teacher in the public schools. 

 

Having studied law before he came west, he was quick to recognize the need of an attorney, so he wrote to his friend, Morrison R. Waite, and in 1839 they formed a partnership in Maumee, which lasted until Mr. Young retired from the practice in 1856. [Young and Waite were law partners in Maumee when that community was the county seat from 1842-1852.]

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In 1860 he removed to Toledo, where he was already engaged in banking, having, with others purchased the Bank of Toledo, the predecessor of the Toledo National Bank, with which he was connected until he retired from active business pursuits some time before his death.  He was also associated with Abner L. Backus in the elevator business; held stock in the rolling mills, and was interested in a number of enterprises.  He was an enthusiastic supporter of the principles and policies of first the Whig and later the Republican party, but was never an aspirant for public office, save that of county auditor, which office he filled from Sept. 14, 1835, to June 9, 1837, receiving for such service the sum of $361.63.  He and his wife were members of the Trinity Episcopal Church, in which he served for several years as vestryman.