  We analyzed 1441 Chandra X-ray point sources in 32 nearby galaxies. The total
point-source X-ray luminosity L_XP is well correlated with B, K, and FIR+UV
luminosities of spiral host galaxies, and with the B and K luminosities for
ellipticals. This suggests an intimate connection between L_XP and both the old
and young stellar populations, for which K and FIR+UV luminosities are proxies
for the galaxy mass M and star-formation rate SFR. We derive proportionality
constants 1.3E29 erg/s/Msol and 0.7E39 erg/s/(Msol/yr), which can be used to
estimate the old and young components from M and SFR, respectively. The
cumulative X-ray luminosity functions for the point sources have quite
different slopes for the spirals (gamma ~= 0.5-0.8) and ellipticals (gamma ~=
1.4), implying *the most luminous point sources dominate L_XP* for the spirals.
Most of the point sources have X-ray colors that are consistent with either
LMXBs or Ultraluminous X-ray sources (ULXs a.k.a. IXOs) and we rule out
classical HMXBs (e.g. neutron-star X-ray pulsars) as contributing much to L_XP.
Thus, for spirals, the ULXs dominate L_XP. We estimate that >~20% of all ULXs
found in spirals originate from the older (pop II) stellar populations,
indicating that many of the ULXs that have been found in spiral galaxies are in
fact pop II ULXs, like those in elliptical galaxies. The linear dependence of
L_XP on the SFR argues for either a steepening in the X-ray luminosity function
of the young (pop I) X-ray source population at L_X >~10^(38.5-39) erg/s, or a
decreasing efficiency for producing all types of young X-ray point sources as
the galaxy SFR increases.
