Daniel G. Reid

Daniel G. Reid

Daniel Gray Reid (1858–1925) was an American industrialist and philanthropist known as the "Tinplate King".[1]

He was born in Richmond, Indiana, and in 1892 bought a nearby tin plate mill, with which he eventually combined every tin plate company in the country to form the American Tin Plate Company, with Reid as president. In 1901, it was absorbed by the United States Steel Corporation, and Reid became a director of that. He bought control of the American Can Company and the Chicago, Rock Island & Pacific Railroad. In 1912, he organized the Tobacco Products Corporation with Henry Clay Frick, John D. Ryan and others.

His daughter Rhea married Henry J. Topping, the son of Republic Iron and Steel president, John A. Topping. In 1918, Reid built for his daughter the Jacobean-style mansion Dunnellen Hall, later owned my Leona Helmsley.

At the time of his death in 1925 from pneumonia in California, he was a director of the American Can Company, Bankers Trust Company, Chase Securities Corporation, Lehigh Valley Railroad Company, Metal and Thermit Corporation, and a trustee of the American Surety Company of New York.

Legacy

In his hometown, Richmond, Indiana, Reid Memorial Presbyterian Church and Reid Hospital and Health Care Services are named in his memory of his family for gifts he made to build both institutions. Reid's grandson, Daniel Reid Topping, was part owner and president of the New York Yankees baseball team from 1945 to 1964.

References

  1. ^ "Daniel Gray Reid". Morrisson-Reeves Library, Richmond, Indiana, USA. http://www.mrl.lib.in.us/history/biography/reiddg.htm. Retrieved 31 October 2010. 

External links



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