COAL - Clpdigital.org
COAL - Clpdigital.org
COAL - Clpdigital.org
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THE <strong>COAL</strong> TRADE BULLETIN. 31<br />
PERSONNEL OF ABLE EXECUTIVE OFFICIALS WHO WILL MANAGE<br />
THE NEW VANDALIA <strong>COAL</strong> CO.<br />
When the new Vandalia Coal Co., with headquarters<br />
in Indianapolis, effects its permanent <strong>org</strong>anization,<br />
probably within a few days or early<br />
this month, it will start with a personnel of<br />
executive officials of exceptional strength and<br />
ability. Alfred M. Ogle, the president of the<br />
company, has been a leader in the Indiana coal<br />
trade since the early '80s. John McFadyen, the<br />
vice-presklent and general manager, has had long<br />
years of experience as the leading operating official<br />
and head of important interests in Western<br />
Pennsylvania and Indiana. Frank L. Powell.<br />
treasurer, is one of the most successful bankers<br />
of Indianapolis.<br />
Closely capitalized, with most of the original<br />
owners of the 26 mining plants along the Van<br />
dalia road taking securities for the major portion<br />
of their properties and thereby insuring a valuable<br />
co-operation of all concerned, the future of<br />
the company spells only success. After the original<br />
options had been taken on the properties.<br />
Messrs. Ogle and McFadyen spent months to<br />
bring the valuations down to figures which would<br />
insure a conservative capitalization. This done<br />
John H. Jones, president of the Pittsburgh-Buffalo<br />
Company of Pittsburgh personally inspected the<br />
plants and his report which followed was a factor<br />
in securing the immediate consent of Andrew W.<br />
Mellon and Henry C. Frick to finance the com<br />
pany through the Union Trust Co. of Pittsburgh.<br />
Mr. Alfred M. Ogle was born at Washington<br />
Court House, Ohio, August 31, 1S56, and began<br />
earning his own living at the age of 14. In 1874<br />
he passed the necessarily rigid examination to<br />
secure an appointment as a cadet to West Point<br />
military academy, where he graduated in 1879.<br />
For flve years he was an officer in the regular<br />
army, doing military service at a number of the<br />
western posts. He resigned from the army in<br />
1884, and engaged in the business of mining coal<br />
on the Vincennes division of the Vandalia.<br />
Mr. Ogle and his associates, Mr. Willard W.<br />
Hubbard and the late Col. S. N. Yoeman, were<br />
the pioneers in the Greene county coal field of<br />
Indiana, and it has been through their efforts that<br />
the Linton or the No. 4 vein of coal has become<br />
so widely and favorably known. Mr. Ogle became<br />
president of his company, the Island Coal<br />
Co., in 1890, and has held that position up to<br />
the present time. It is due to his efforts that<br />
the Vandalia Coal Co. has been formed, and he<br />
will assume the presidency of that company as<br />
soon as it is <strong>org</strong>anized for business.<br />
Mr. John McFadyen. who is a Pittsburgher, was<br />
one of tne prime movers in bringing about the<br />
combination. Practically his entire business<br />
career has been devoted to coal operations and<br />
his years of successful experience mean much<br />
in the future of the new company. For many<br />
years Mr. McFadyen had charge of the fuel department<br />
of the Cambria Steel Co. of Johnstown,<br />
Pa., when it was the Cambria Iron Co. Subsequently<br />
he was general manager of the Keystone<br />
Manganese & Iron Co.. with headquarters at New<br />
Orleans; the Hostetter-Connellsville Coke Co. of<br />
Pittsburgh, and of the Puritan Coke Co., also<br />
ALFRED M. OGLE.<br />
He will be President of the Vandalia Coal Co.<br />
operating in Connellsville region; president of the<br />
Ligonier Coal Co. and of the Greenwich Coal Co.<br />
both of Latrobe, Pa.; president of the Indiana &<br />
Chicago Coal Co., Dugger, Ind.; vice-president of<br />
the American Coke Co. and the Juniata Coke Co.,<br />
of the Connellsville region, which are now the<br />
property of the United States Steel Corporation,<br />
having been underlying concerns of the American<br />
Steel & Wire Co. Recently he has been president<br />
of the McFadyen Coal Co., operating in the<br />
No. 8 vein of Ohio, and of the Fort Pitt Coal &<br />
Coke Co. of Pittsburgh.<br />
Mr. McFadyen will shortly move from Pittsburgh<br />
to make his permanent residence in Indianapolis.<br />
Having been closely associated with