Word: fresnel
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Dates: during 1930-1939
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Other railroad presidents' salaries last March included: General William Wallace Atterbury, Pennsylvania, $135,000; Daniel Willard, Baltimore & Ohio, $120,000; Lewis Warrington Baldwin, MOP, $105,167; Leonor Fresnel Loree, Delaware & Hudson, $90,000; Frederick Ely Williamson, New York Central, $80,000; Edward Eugene Loomis, Lehigh, $72,000; Fairfax Harrison, Southern, $67,500; Walter L. Ross, Nickel Plate, $60,000; Clive Talbot Jaffray, the Soo, $45,000; Patrick H. Joyce, Chicago Great Western, $40,500; Morris McDonald, Maine Central...
...first job as cashier in a Pennsylvania Railroad freight office in Toledo. Working for many railroads, he rose rapidly and in 1915 became board chairman of Wabash. In 1924 he became board chairman of Missouri Pacific, was ousted in 1930 by the Brothers Van Sweringen. Close associate of Leonor Fresnel Loree in his plans to build a fifth great eastern trunk line, Railman' Williams put forward a plan of his own in 1929, two years after Mr. Loree was frustrated in his efforts. Partly because of the strong position of Pennsylvania Railroad, the Wabash plans failed. Railman Williams...
Some 10,000 rustic souls, devoted to dairying, inhabit the lovely Ausable valley which runs 23" miles in a generally south-west direction from the city of Plattsburg, N. Y. Since 1894 Leonor Fresnel Loree's Delaware & Hudson Co. R. R. had served them well. The inhabitants told time by the train's whistle, their cows grazed contentedly as the locomotive chuffed uncertainly...
Loree Present. In 1924 Railroader Leonor Fresnel Loree instructed his broker to buy for him 14,000 shares of Missouri-Kansas-Texas Railroad stock. A few weeks later, Kansas City Southern Railway Co., of which Mr. Loree is chairman, decided to buy control of M.K.T. Shrewd Mr. Loree made $144,000 on his M.K.T. stock. In 1928 the Interstate Commerce Commission investigated Mr. Loree's trade, questioned his ethics. Last week this annual report of Kansas City Southern revealed that Mr. Loree last year paid over to the road his $144,000 profit. He said his action was merely...
...Pipe Line Co. to Standard Oil Co. of Indiana which already owned the other 50%. Sinclair Consolidated, with only $34,189,000 invested in the two companies, made the staggering profit of $38,000,000 on the deal-which eclipses even the $23,000,000 which hard-bitten Leonor Fresnel Loree made for his Delaware & Hudson when he sold his control of Wabash and Lehigh Valley to Pennsylvania. The sale is first step in pipe reorganization in Texas, Wyoming and mid-continent oil fields. Next step: acquisition by Sinclair of Prairie Oil & Gas Co. and Prairie Pipe Line...