President from 1904 to 1923
He had an important part in the developing of many of California’s leading corporations. He served as executive manager of the Haggin and Tevis interests in the State for thirty years. He was president of the Pacific Gas & Electric Company from 1907 to 1920, a period of thirteen years, during which the corporation made great strides forward. He resigned the presidency in favor of Wigginton E. Creed, but continued as a member of the executive committee and board of trustees. He served as Trustee of Western Pacific Railroad while it was in receivership. Born in Jacksonville, Oregon, his parents moved to Oakland when he was young boy. He attended the Oakland public schools, and graduated in 1881 from St. Ignatius College in San Francisco. He died on August 28, 1923. *More on the C & P Ry - See "Other Railroads." |
Frank Drum's record, in financial activities, when summed up produced industrial growth of California the early 1900's. At the time of his death he was president of the Yosemite Valley Railroad Company, president of the Palace Hotel Company, vice-president of the California Pacific Title Insurance Company, vice president of the Pacific Portland Cement Company, Consolidated, vice-president of the Mercantile Trust Company of California, vice-president of the San Francisco Gas & Electric Company, and a director in the Amalgamated Oil Company, California Gas & Electric Corporation, Pacific Gas & Electric Company, Shreeves Oil Company and Sterling Oil and Development Company. Also,
he president and owner of