George C. Magoun

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George C. Magoun
George C. Magoun.jpg
Born(1840-08-25)August 25, 1840
Cambridge, Massachusetts
Died December 20, 1893(1893-12-20) (aged 53)

George C. Magoun (August 25, 1840 December 20, 1893) was, in the late 1880s, the Chairman of the Board of the Atchison, Topeka and Santa Fe Railway.

Atchison, Topeka and Santa Fe Railway company

The Atchison, Topeka and Santa Fe Railway, often referred to as the Santa Fe or AT&SF, was one of the larger railroads in the United States. Chartered in February 1859, the railroad reached the Kansas-Colorado border in 1873 and Pueblo, Colorado, in 1876. To create a demand for its services, the railroad set up real estate offices and sold farm land from the land grants that it was awarded by Congress. Despite the name, its main line never served Santa Fe, New Mexico, as the terrain was too difficult; the town ultimately was reached by a branch line from Lamy.

Magoun was born in Cambridge, Massachusetts. He received a public school education, then entered employment with Stimson, Valentine and Company, a paint manufacturer in Boston. He left his sales position with that firm in March 1867 to become a clerk for Kidder, Peabody & Co.. After a quick series of promotions, the company sent him to New York City where he would open a branch. Four years later, in 1871, he was a full partner in the firm.

Cambridge, Massachusetts City in Massachusetts, United States

Cambridge is a city in Middlesex County, Massachusetts, and part of the Boston metropolitan area.

Paint colored composition applied over a surface that dries as a solid film

Paint is any pigmented liquid, liquefiable, or mastic composition that, after application to a substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture to objects. Paint can be made or purchased in many colors—and in many different types, such as watercolor, synthetic, etc. Paint is typically stored, sold, and applied as a liquid, but most types dry into a solid.

Kidder, Peabody & Co. was an American securities firm, established in Massachusetts in 1865. The company's operations included investment banking, brokerage, and trading.

Magoun and his company invested in the still growing Atchison, Topeka and Santa Fe Railway to the point where he had become Chairman of the Board for the railroad. In the late 1880s, as the Santa Fe's stock prices fell from $140 per share to around $20 per share, Magoun's health also faltered. Magoun died on December 20, 1893. He had become so personally identified with the railroad that three days after his death, the Santa Fe entered receivership.

United States dollar Currency of the United States of America

The United States dollar is the official currency of the United States and its territories per the United States Constitution since 1792. In practice, the dollar is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars.

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George Magoun may refer to:

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