Occupation Financier, executive | Name Leonor Loree | |
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Full Name Leonor Fresnel Loree Born April 23, 1858 ( 1858-04-23 ) Fulton City, Illinois, U.S. Died September 6, 1940, West Orange, New Jersey, United States Books Railroad Revenues and Expenses; Extract from Hearing Before the Committee on Interstate Commerce, United States Senate, Sixty-Seventh Congress, First Parents Sarah Elizabeth Marsh, William Mulford | ||
Leonor F. Loree (April 23, 1858 – September 6, 1940) was a U.S. railroad executive.
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He obtained a Bachelor of Science degree from Rutgers College in 1877, a Master of Science from Rutgers in 1880, Civil Engineering degree from Rutgers in 1896 and a Doctor of Law degree from Rutgers in 1917. He also obtained a Doctor of Engineering degree from Rensselaer Polytechnic Institute in 1933. He was President of the Delaware & Hudson Railroad; had interests in Kansas City Southern, Baltimore and Ohio, New York Central, and the Rock Island Railroads. Was a Trustee at Rutgers University from 1909–1940 and was Chairmain of the Rutgers Board of Trustees Committee on New Jersey College for Women (now Douglass College) until 1938. He was the donor of the New Jersey College for Women Athletic Field (which is now Antilles Field). Rutgers has a building named after Leonor Fresnel Loree, erected in 1963 and on the Douglass campus.
Accomplishments
In 1923, Loree was a principal founder of The Newcomen Society in North America, a learned society promoting engineering, technology and free enterprise.
In 1903, Loree, along with Frank PJ Patenall, received U. S. Patent #733,981, for the upper quadrant semaphore. This soon became the most widely used form of railroad lineside signal in North America. Railroads continued to install them until the 1940s.
"This is a helluva way to run a railroad!"
In 1906 a committee of creditors asked Leonor to take charge of the Kansas City Southern Railroad. At the time it was considered no more than "two streaks of rust, its engines lost steam the men were disheartened and the stations were shacks." After Mr. Loree gave his initial inspection, in a speech in front of the financial community, he ended his professional and technical description of the railroad line by stating, "This is a helluva way to run a railroad". Within three years after accepting the Chairmanship Loree turned it into what they call a banner railroad of the Southwest.