Samuel Sloan (railroad executive)
Encyclopedia
Samuel Sloan was an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 politician, businessman and executive. He is most known for his tenure as the president of the Delaware, Lackawanna & Western Railroad for 32 years.

He died in Garrison, New York
Garrison, New York
Garrison is a hamlet in Putnam County, New York, United States. It is part of the town of Philipstown and is on the east side of the Hudson River, across from the United States Military Academy at West Point...

, in 1907 at the age of 89, having been the president of seventeen corporations during his lifetime.

Early life

Samuel Sloan was born in Sloan of Lisburn, County Down
County Down
-Cities:*Belfast *Newry -Large towns:*Dundonald*Newtownards*Bangor-Medium towns:...

, Ireland
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...

 to William and Elizabeth Sloan and moved to New York when he was one year old. He attended the Columbia College Preparatory school until he was 14, at the time of his father's death. After withdrawing, he became employed at an importing house in New York, eventually becoming the head of the firm.

Career

President of Delaware, Lackawanna & Western Railroad

After three years as a director, Sloan became the president of the railroad in 1867 and the lines achieved great success, considered to be due to the anthracite coal
Anthracite coal
Anthracite is a hard, compact variety of mineral coal that has a high luster...

 found in the regions of the rail lines extension.

Statue

A statue memorializing Sloan was placed in Hoboken originally facing the ferries in 1899, but some criticized its orientation and as said by the Mayor of Hoboken, Mr. Sloan was "turning his back on the Great city of Hoboken". On August 3, 1908 during the reconstruction of Hoboken Terminal
Hoboken Terminal
Hoboken Terminal is one of the New York Metropolitan area's major transportation hubs. The commuter-oriented intermodal facility, is located on the Hudson River in Hoboken, New Jersey...

, the statue was set facing both the town and the railroad and ferry stations.

The inscription reads:
SAM SLOAN

1817-1907

FOR THIRTY-TWO YEARS PRESIDENT

OF THE DELAWARE, LACKAWANA &

WESTERN RAILROAD COMPANY

1867-1899

PRESENTED BY JOHN HENRY STARIN

Personal life

On April 8, 1844 Sloan married Margaret Elmendorf in New Brunswick, New Jersey
New Brunswick, New Jersey
New Brunswick is a city in Middlesex County, New Jersey, USA. It is the county seat and the home of Rutgers University. The city is located on the Northeast Corridor rail line, southwest of Manhattan, on the southern bank of the Raritan River. At the 2010 United States Census, the population of...

, and moved to Brooklyn, New York. They had six children.
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