N&W in 1909--Maher
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Fri Mar 13 20:46:18 EDT 2009
Bluefield Daily Telegraph
May 20, 1909
N. D. MAHER DECLINES $25,000 A YEAR JOB
General Manager of Norfolk and Western Says He Is Very Well Satisfied Where He Is
Roanoke Times: Without much hesitancy General Manager N. D. Maher, of the Norfolk and Western Railroad, has declined to accept a position with a salary attachment of something like $25,000 a year with the tacit understanding that he would soon become president of a re-organized railroad company, with promise of a great future in the railroad and general business world.
Judge Edmund Waddill, of the United States district court, of Richmond, recently ordered a receiver for the Norfolk and Southern Railway and the selection of a receiver will be made this week. Mr. Maher is said to have been offered the position, but has declined having asserted that he is satisfied with the position he now occupies, especially so as many important steps will be taken by the company during the next few years in the way of improvement of service and general expansions of the system.
Mr. Maher is the type of man but seldom found. From a position of little importance he has risen to one that commands the attention of the entire railway world. His success as general manager of the great system of the Norfolk and Western has been perfectly satisfactory and the fact is due in great part to his being practical in every branch of the service. He is acknowledged one of the most expert men in his position in the country and for that reason he was offered the receivership of the defunct company and in time would have become the president. In fact it was understood when the position was offered him that as soon as the company was reorganized that he was to become the head of the company which in time is expected to control vast railroad holdings.
[$25,000 escalated by the CPI would be well over $500,000 today. I don't think the Norfolk and Southern ever came "...to control vast railroad holdings."]
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