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The profits of the line were enormous in proportion to the outlay, but the amount of wealth it created in the oil regions was still more extraordinary. Dr. Streator managed the road until 1866, when he sold out his interest to Dean Richmond and others interested in the New York Central Railroad.
Streator, as he is still called, although for many years he has abandoned the active practice of medicine, was born in Madison county, New York, October 16th, 1816. He received an academical education, and at the age of eighteen he entered a medical college, where he remained four years.
In 1843, he was married to Miss Gertrude S. Harman, of Brooklyn, Michigan, and formerly of Oswego, New York. They have one son, now twenty-five years old, who has charge of the Cleveland City Forge, and one daughter, Helen, aged seventeen, who is now at school. Worthy S. Streator. Dr.
The resources of the road were inadequate to meet the great demand on it for the transportation of passengers and oil, and although Dr. Streator worked energetically to keep pace with the demand upon the road, the development of the oil regions, consequent upon the construction of the line, for some time outstripped him.
Its next move therefore was eastward to Chicago, where it acquired the Chicago and St. Louis Railroad between Chicago and Streator, Illinois, and then constructed lines between the latter point and the Missouri River. During the same year the company opened branches southward to the Gulf of Mexico, until by May, 1888, the entire system comprised 7100 miles.
Streator has been regarded, for years, as one of our most active and energetic business men, he has found time to devote to his religious duties. He has for a long time been a useful member of the Disciple Church. The Coal Interest By the commencement of the season of 1828, the Ohio canal had been opened from Cleveland to Akron.
In order to connect the Oil Creek Railroad with the line of its purchasers an extension northward, styled the Cross-Cut Railroad, was built from Corry to Brocton, on the Buffalo and Erie Railroad, a distance of forty-two miles, by Dr. Streator, for the New York Central Railroad Company. This was the last of Dr. Streator's railroad building undertakings.
Doolittle died, and, in 1861, Dr. Streator sold the unfinished contracts to Mr. James McHenry, of London, England, by whom they were completed, Dr. Streator acting as superintendent of construction for about a year after the transfer of contract. In 1862, he projected the Oil Creek Railroad, from Corry to Petroleum Center, the heart of the Pennsylvania oil regions, a line thirty-seven miles long.
Streator has had the good sense to retire from the pressing cares of business whilst able to enjoy the fruits of his labors. At fifty-three years old he is healthy and vigorous, and fully able to appreciate the advantages of wealth in procuring social and domestic enjoyments.
Streator removed from Ravenna to Cleveland, and after remaining two years in the practice of medicine, turned his attention to railroad building. In conjunction with Mr. Henry Doolittle, he undertook the contract for building the Greenville and Medina Railroad, and completed it successfully.
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