Each officer possesses all the power necessary to render his position efficient, and has the authority with the approval of the President and General Superintendent to appoint all persons for whose acts he is held responsible, and may dismiss any subordinate when, in his judgment, the interest of the company will be promoted thereby.


p. 40; Cited in Alfred D. Chandler, Jr. (1977) The Visible Hand: The Managerial Revolution in American Business. p. 102 - Report of the Superintendent of the New York and Erie Railroad to the Stockholders (1856)

Daniel McCallum Quotes

Each officer possesses all the power necessary to render his position efficient, and has the authority with the approval of the President and General ...

Each officer possesses all the power necessary to render his position efficient, and has the authority with the approval of the President and General ...

Each officer possesses all the power necessary to render his position efficient, and has the authority with the approval of the President and General ...

Each officer possesses all the power necessary to render his position efficient, and has the authority with the approval of the President and General ...