Co., when the latter by consolidation passed under the control of the United States Steel Corporation. Aug. 20, 1902, he resigned the presidency of the corporation and retired from active participation in business. It may be regarded as unfortunate that a man so capable, with such grasp on affairs of vast commercial and industrial importance, should retire just at the time of greatest influence and power. With a mind trained to think and plan, possessing in a high degree the executive faculty and a genius for doing things, the man has scarcely reached the measure of his maturity in fifty-seven years. His capacity for continued growth is sufficient to warrant a dozen years of activity along lines of which he is a recognized master. Thirty years of experience and progress, with unqualified success, fits a man for larger usefulness and greater industrial conquests. While the date of retirement from active pursuits is a question for the individual to decide for himself, and none should grudge him a rest well earned, there is feeling of regret that the date is fixed early when the productive energies of a man so intimately concern the public. Frank J. Hearne has investments in banking, manufacturing enterprises, mining, and railroads. He is a director of banks, railroads, and other companies. He is a member of the American Institute of mining Engineers. His technical articles contributed to magazines and trade papers are valuable. 1897 Mr. Hearne was commissioned colonel on the personal staff of Governor George W. Atkinson, of W. Va. He acted as the governor's adviser in all questions pertaining to industrial and labor matters during his administration. He has membership in the Duquesne, Union, Country, and Pittsburg Golf Clubs, of Pittsburg, as well as clubs in other cities, and is vestryman of the Church of the Ascension, P. E.. He married Miss Lillie Lee, daughter of Warren and Eliza (Maynard) Lee, Dec. 21, 1869, at Omaha, Neb. A son, William L., born Jan 23, 1878, is the fruit of the union. Within a year from the date of his retirement Colonel Hearne was chosen a director of the Colorado Fuel and Iron Co., when John D. Rockefeller and George J. Gould secured control. At the first meeting of directors, Aug., 1903, he was elected chairman of the board and president of the corporation. His control in executive management of the greatest corporation in Colorado was made absolute.

(Clipping from Wheeling Register, Aug. 6, 1899)

To the able Management of Colonel Hearne is largely due the

[Continued on page 243]

Thanks to Lewis Hearn for transcribing this page.