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Albert Foster
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| Name | Albert Foster |
| Ortssitz | Philadelphia (Penns.) |
| Art des Unternehmens | Eisenbahnbeamter |
| Anmerkungen | *1842. Einkaufsagent "Philadelphia and Reading Railroad Company". |
| Quellenangaben | [Philadelphia and popular Philadelphians (1891) 243] |
| Hinweise | [Philadelphia and popular Philadelphians (1891) 246] |
| Zeit |
Ereignis |
| 14.07.1842 |
Geburt von Albert Foster in Philadelphia. Seine Vorfahren stammen aus Surrey (England) |
| Okt. 1858 |
Albert Foster tritt in den Dienst der Philadelphia and Reading Railroad |
| 1872 |
Albert Foster wird Sekretär der "Philadelphia and Reading Coal and Iron Company" |
| Okt. 1890 |
Präsident A. A. McLeod ernennt A. Foster zum General Purchasing Agent für die gesamte Bahn |
Zeit = 1: Zeitpunkt unbekannt
| ZEIT | 1891 |
| THEMA | Biographie |
| TEXT | Albert Foster, Purchasing Agent of the Philadelphia and Reading Railroad, was born in Philadelphia, July 14, 1842. His parents were English, coming from Surrey and settling in Philadelphia shortly before his birth. He completed his schooling at the Lawrenceville Academy, Lawrenceville, N. J., and after a short interim entered the service of the Philadelphia and Reading Railroad Company in October, 1858, working his way through the various grades of the accounting department until he was appointed chief clerk to the secretary and auditor, in which capacity he served for several years. About 1867 he was elected secretary of the numerous branch and lateral corporations controlled by the company. In 1871 he was engaged with Mr. Franklin B. Gowen, then president, in the matter of the purchase of the large area of coal land acquired by the company, and in 1872, when the Philadelphia and Reading Coal and Iron Company was organized, was elected secretary of that corporation, which position he retained until January, 1883, when he was elected secretary of the Philadelphia and Reading Railroad Co. When the company's affairs were again placed in the hands of the Receivers in June, 1884, he was appointed as their secretary, acting in that capacity during the existence of the receivership. In January, 1888, the financial reorganization of the company being assured, he was appointed first register of the company, havamong other duties the entire charge of the preparation and exchanges of the various securities required in effecting the same, amounting to upwards of $125,000,000, and so accurately were his duties performed that Mr. Austin Corbin, then president of the company, in his annual report officially complimented his department upon the fact that this had been accomplished absolutely without an error. In October, 1890, President A. A. McLeod appointed Mr. Foster general purchasing agent of the entire system, a position of great responsibility and trust, involving the expenditure of many millions of dollars per annum. Mr. Foster is married to one of the daughters of Mr. Stephen Flanagan, a well known citizen of Philadelphia, largely engaged in shipping and building interests. |
| QUELLE | [Philadelphia and popular Philadelphians (1891) 243] |
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