Salt Lake Tribune | 1918-10-11 | Page 3 | Canadian Railway Magnate Retires

CANADIAN RAILWAY MAGNATE RETIRES MONTREAL, Oct. 10. Lord Shaugh-nessy. Shaugh-nessy. president of the Canadian Pacific railway, resigned today at a meeting of the road's directors, but will remain as , chairman of the board. He is succeeded by E. Y. Beatty of Montreal, who lias been a vice president. Sir George Bury retired as a vice president presi-dent on account of ill health and is succeeded suc-ceeded by Giant 1 1 all of AY inn i peg. who has been vice president in charge of western west-ern lines. Lord Shaughnessy. sometimes called the "king of railway presidents." is regarded as one of the makers of modern Panada, lie has headed the Canadian Pacific since June 12. 1.S9S. Since t he outbreak of tlie war. he has personally directed t he transportation of men and munitions over the Canad tan Pacific system, which was placed at the : disposal of the Pritish government. i He was gorn In Milwaukee. Wis., in 1S53 and joined the railroad as general purchasing agent in 1SS2.