Daniel G. Reid
Encyclopedia
Daniel Gray Reid was an American industrialist and philanthropist
known as the "Tinplate King".
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.
, 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.
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
known as the "Tinplate King".
He was born in Richmond, Indiana
Richmond, Indiana
Richmond is a city largely within Wayne Township, Wayne County, in east central Indiana, United States, which borders Ohio. The city also includes the Richmond Municipal Airport, which is in Boston Township and separated from the rest of the city...
, 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
American Can Company
The American Can Company was a manufacturer of tin cans. It was a member of the Tin Can Trust, that controlled a "large percentage of business in the United States in tin cans, containers, and packages of tin." It was formerly a member of the Dow Jones Industrial Average from 1959–1991, though...
and the Chicago, Rock Island & Pacific Railroad. In 1912, he organized the Tobacco Products Corporation with Henry Clay Frick
Henry Clay Frick
Henry Clay Frick was an American industrialist, financier, and art patron. He founded the H. C. Frick & Company coke manufacturing company, was chairman of the Carnegie Steel Company, and played a major role in the formation of the giant U.S. Steel steel manufacturing concern...
, John D. Ryan
John D. Ryan (mining)
John Dennis Ryan was an American industrialist and copper mining magnate. President of Anaconda Copper Mining Company and creator of Montana Power Company.-Biography:...
and others.
His daughter Rhea married Henry J. Topping, the son of Republic Iron and Steel
Republic Steel
Republic Steel was once the third largest steel producer in the United States.The Republic Iron and Steel Company was founded in Youngstown, Ohio in 1899....
president, John A. Topping. In 1918, Reid built for his daughter the Jacobean-style mansion Dunnellen Hall
Dunnellen Hall
Dunnellen Hall is a private mansion located in Greenwich, Connecticut, USA. It was sold by the estate of Leona Helmsley for $35,000,000, down from the original asking price of $125,000,000 when it was first put up on the market in 2008....
, later owned my Leona Helmsley
Leona Helmsley
Leona Mindy Roberts Helmsley was an American businesswoman and real estate entrepreneur. She was a flamboyant personality and had a reputation for tyrannical behavior that earned her the nickname Queen of Mean...
.
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, IndianaRichmond, Indiana
Richmond is a city largely within Wayne Township, Wayne County, in east central Indiana, United States, which borders Ohio. The city also includes the Richmond Municipal Airport, which is in Boston Township and separated from the rest of the city...
, Reid Memorial Presbyterian Church
Reid Memorial Presbyterian Church
Reid Memorial Presbyterian Church is an architecturally significant church located at 11th and North "A" Streets in Richmond, Indiana. Designed by the Cleveland, Ohio architectural partnership of Sidney Badgley and William H. Nicklas the building was begun in 1904 and dedicated on May 13, 1906. ...
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
Dan Topping
Daniel Reid Topping was a part owner and president of the New York Yankees baseball team from 1945 to 1964. Daniel Reid Topping was the son of Rhea Reid and Henry J. Topping. Rhea Reid, the daughter of Daniel G. Reid, known as the "Tinplate King" for his vast wealth in the tin industry, was the...
, was part owner and president of the New York Yankees baseball team from 1945 to 1964.