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1964 Horatio Alger Award Winner

Nathaniel Leverone*

Automatic Canteen Company of America

"Bring honesty and fair value to your business and you will succeed."

Nathaniel Leverone, one of six children, grew up in Keane, New Hampshire. He graduated from Dartmouth, where he was Phi Beta Kappa. He moved to Chicago, where he manufactured auto accessories and invested in real estate. Late in the 1920s, Leverone realized the potential of automation, but he was determined to bring honesty and fair value to the vending industry, which until then had been closely associated with gambling devices and dishonest practices. He became director, secretary, and executive committee member of the famous Chicago Crime Commission. Leverone founded Automatic Canteen in 1929 with 100 five-cent candy bar machines. Today, Canteen is the world's largest vending company, serving more than five million customers every day. The Dartmouth College field house is named after Nathaniel Leverone.

* Deceased