During 1879 and 1880 the Seney Syndicate linked together several short railroads in Ohio, Indiana, and Illinois to form the Lake Erie & Western Railroad.
The Seney Syndicate was headed by George I. Seney, a New York banker. Eastern members of the Syndicate included the successful speculators John T. Martin, Edward H. R. Lyman, Alexander M. White, and Walston H. Brown.
The westerns members appear to have been dominated by Calvin S. Brice, a 35-year old Lima, Ohio attorney who had been instrumental in the formation of the Lake Erie & Western. Also from Ohio were members Charles Foster, then Governor of Ohio; Dan P. Eells of Cleveland; and General Samuel R. Thomas of Columbus, Ohio.
The members of the Syndicate from Illinois included Columbus R. Cummings and William B. Howard, both men with experience with the construction and the management of railroad properties.
During 1879 and 1880 the SeneySyndicate linked together several short railroads in Ohio, Indiana, and Illinois to form the Lake Erie and Western Railroad.
In addition to controlling the Lake Erie and Western Railroad, the SeneySyndicate controlled the 2500-mile East Tennessee, Virginia and Georgia Railroad, the Peoria, Decatur and Evansville Railway and the Ohio Central Railroad.
The Ohio Central extended from Toledo, Ohio to the Hocking Valley coal fields and it crossed the Lake Erie and Western at Fostoria, Ohio.
Meeting with Seney in New York in February 1881, Haygood was pleased to hear praise for the "New South" sermon.
Seney visited Oxford for the dedication of Seney Hall and recalled for the rest of his life the pleasure he had had in giving money to the straitened college.
Operating from Seney Hall as the fund's financial agent, or executive director, at an additional salary of $3,000 a year, Haygood also continued as Emory's president with the blessing of the College's trustees until 1884, when the press of duties for the Slater Fund became so great that Haygood resigned the presidency.
Feeds |
Contact