Cole was appointed as the president of the Nashville & Chattanooga Railroad in 1868.[2] Cole acquired four more lines and renamed it the Nashville, Chattanooga and St. Louis Railway in 1873.[2] According to historian Jesse C. Burt, Jr., "His grandiose scheme for uniting disparate pieces of rail properties into a solid and well-managed enterprise was probably the first large rail consolidation to be attempted in the South."[3] When August Belmont purchased it from Stevenson in 1880, Cole resigned,[2] and he was succeeded as president by James D. Porter.[3]
In 1885, Cole founded the Randall Cole School, and he hired Dr W. C. Kilvington as superintendent.[6] In 1887, Cole donated it to the state of Tennessee, and it was renamed the Tennessee Industrial School.[6] In 1894, it moved into the Anna Russell Cole Auditorium, named for Cole's second wife.[6]
Cole served as the treasurer of the board of trust of Vanderbilt University.[7] In 1892, he donated $5,000 to endow the annual Cole Lecture, "for the defense and advocacy of the Christian religion."[7]
Cole died of heart disease on May 25, 1899, at the Fifth Avenue Hotel in New York City.[2][13] His funeral was held at the McKendree United Methodist Church in Nashville.[14] After his death, his widow hired sculptor George Julian Zolnay to design his bust; it was installed in Kirkland Hall, the administration building of Vanderbilt University.[1] When Kirkland Hall burned down in 1905, it was replaced with a marble bust alongside his widow's portrait by Willie Betty Newman.[15]
References
^ abcdefghijBurt, Jesse C. Jr. (June 1954). "Anna Russell Cole: A Study of a Grande Dame". Tennessee Historical Quarterly. 13 (2): 127–155. JSTOR42621182.
^ abBurt, Jesse C. Jr. (June 1950). "Four Decades of the Nashville, Chattanooga & St. Louis Railway, 1873-1916". Tennessee Historical Quarterly. 9 (2): 99–130. JSTOR42621038.