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...potent football player at University of Pennsylvania in 1893, Indiana-born Sir Henry coached the Vanderbilt University team at $100 a week for his first job, then became a draftsman for Pennsylvania Railroad at $50 a month. He caught the attention of bush-bearded Leonor Fresnel Loree, then general manager of the road. He was whipped through every department of the Pennsylvania to get a background which would enable him to teach and train employes. In 1911 he was given the task of rehabilitating the Long Island Railroad. With this experience, he left in 1914 for England. He carried...

Author: /time Magazine | Title: Business: Big Chief Ousted | 8/1/1932 | See Source »

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...

Author: /time Magazine | Title: Business & Finance: Wages of Raildom | 7/18/1932 | See Source »

...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...

Author: /time Magazine | Title: Milestones, Oct. 26, 1931 | 10/26/1931 | See Source »

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...

Author: /time Magazine | Title: Business & Finance: Ausable Upshot | 9/7/1931 | See Source »

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...

Author: /time Magazine | Title: Business & Finance: Deals & Developments | 5/4/1931 | See Source »

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