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Archibald Angus McLeod

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Archibald Angus McLeod (1844-1902) was an American financier and railroad executive.

His first railroad job was as a rodman (surveyor's assistant) with the Northern Pacific Railroad.[1] He later worked his way up the ranks of the Philadelphia and Reading Railroad to become its president in 1890. As president, he reinvigorated the fading railroad, laying new track, investing in anthracite mines, and building the grand Reading Terminal in Philadelphia, Pennsylvania.[2] He resigned after the Panic of 1893 weakened the railroad, and moved to New York City, where he advised railroads and entered finance.[1]

Notes

  1. ^ a b Morris, Charles, ed. (1896). Men of the Century, an Historical Work: Giving Portraits and Sketches of Eminent Citizens of the United States. Philadelphia: I. R. Hamersly & Company. p. 320.
  2. ^ "DEATH OF A.A. M'LEOD; One-Time Millionaire Railroad Operator Dies in Retirement. Meteoric Career of the Reading Executive, Who Planned the Combination of the Anthracite Coal Roads". New York Times. April 20, 1902. Retrieved April 27, 2016.