Word: deramus
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Dates: during 1949-1949
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...went to work for his father, now president of the Kansas City Southern, as assistant to the general manager. From there on, the tracks were cleared. Deramus Sr. worked with a stockholders' group that was dissatisfied with the management of Chicago Great Western, succeeded in making Coalman Grant Stauffer president last fall. Stauffer made young Bill Deramus his assistant in the Great Western, whose 1,500 miles of track tap six Midwestern states. Young Bill trimmed costs so well that when Stauffer died last March, he was the logical man for the presidency. Now with freight carload-ings...
...climaxed ten short years of railroading for William N. Deramus III, who is as big and brawny as a coal passer. Fresh out of Harvard Law in 1939, he started as a transportation department apprentice with the Wabash Railroad in St. Louis, two years later became assistant terminal master. During the war, as an Army major in India, he ran a ramshackle railroad which carried supplies to the Ledo Road. Said he: "After I got through with that line I was about ready to become a truck driver...
Unlike most boys, Bill Deramus had a head start on his ambition to be a railroad engineer. His father was a division superintendent of the Kansas City Southern Railway Co., and frequently took Bill on rides. Bill never became an engineer, but last week he did even better. At 33, he became president of the Chicago Great Western Railway Co.-the youngest president of any Class I road...