George C. Magoun Photo

George C. Magoun

Born: Aug 25, 1840

Death: Dec 20, 1893

Birthplace: Cambridge

Nationality: United States

George C. Magoun

Date of Birth : Aug 25, 1840
Date of Death : Dec 20, 1893
Birth Place : Cambridge

George C. Magoun was, in the late 1880s, the Chairman of the Board of the Atchison, Topeka and Santa Fe Railway. 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. 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.

Also known as

  • George Magoun
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