sentences:  He went into banking and eventually served as a director of several companies, including the Pennsylvania Railroad, the Fidelity-Philadelphia Trust Company, the Baldwin Locomotive Company, and more.Before his election as university president, Gates had served for ten years as a Trustee of the University and as Chairman of the University of Pennsylvania Fund.Gates was heavily involved in plans for the development of the new Valley Forge campus for the University; however, the idea was eventually dropped in favor of expanding Penn's West Philadelphia campus, not before currying strong support.