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 The Northern Pacific Railway was an important American transcontinental railroad that operated across the northern tier of the Western United States, from Minnesota to the Pacific Northwest between 1864 and 1970. It was approved and chartered b ...
. He later worked his way up the ranks of the
Philadelphia and Reading Railroad The Reading Company ( ) was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976. Commonly called the Reading Railro ...
to become its president in 1890. As president, he reinvigorated the fading railroad, laying new track, investing in
anthracite Anthracite, also known as hard coal and black coal, is a hard, compact variety of coal that has a lustre (mineralogy)#Submetallic lustre, submetallic lustre. It has the highest carbon content, the fewest impurities, and the highest energy densit ...
mines, and building the grand
Reading Terminal The Reading Terminal ( ) is a complex of buildings that includes the former Reading Company main railroad station, station located in the Market East, Philadelphia, Pennsylvania, Market East section of Center City, Philadelphia, Center City in ...
in
Philadelphia, Pennsylvania Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
. He resigned after the
Panic of 1893 The Panic of 1893 was an economic depression in the United States. It began in February 1893 and officially ended eight months later. The Panic of 1896 followed. It was the most serious economic depression in history until the Great Depression of ...
weakened the railroad, and moved to
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
, where he advised railroads and entered finance.


Notes

1844 births 1902 deaths American financiers American railroad executives Northern Pacific Railway people 19th-century American businesspeople Reading Company people {{US-business-bio-1840s-stub