Word: boardroom
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Dates: during 1930-1939
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...struggling with utility companies which this entails, look at TVA from different angles and are equally uncompromising. Because Harcourt Morgan agrees with David Lilienthal, practical result has been a constant 2-to-1 collision on the Board, which has led Chairman Morgan to carry his fight out of the boardroom and onto the lecture platform. Last week, he thought he had enough ammunition to carry the TVA Schism to Congress...
...supersecrecy of their boardroom at No. 61 Broadway, Manhattan, the directors of Allied Chemical & Dye Corp. voted to retire their preferred stock at the call price of $120 per share, plus accrued dividends. Laconically the company announced it would pay off the entire issue out of its own treasury without benefit of bankers. Cash required...
...heavily tapestried, rococo boardroom of the 34-story New York Life Insurance Building in Manhattan, Director Alfred Emanuel Smith leaned forward in his chair one day last week and said in a firm clear voice: "I move to adopt the committee's report nominating Mr. Hoover." With a single chorus of "Ayes" all gentlemen present thereupon voted to elect Herbert Clark Hoover a director of New York Life, succeeding the late John E. Andrus (TIME, Jan. 7). From Chicago where he was transacting private business on one of his infrequent trips east from Palo Alto, Director Hoover telegraphed...
...gave Texaco's stockholders a flashback of internal tussles (TIME, Oct. 2). Mr. Holmes's heaviest fire was directed at John H. ("Jack") Lapham, chairman of the executive committee and one of three representatives of the Lapham family, whose meddling, said Mr. Holmes, always brought on unhappy boardroom scenes. The management's answer to Mr. Holmes was loaded with such epithets as "domineering . . . arrogant . . . intolerant . . . arbitrary . . . unreasonable . . . impatient . . . resentful . . . surrounded by the fog of his own egotism." Finally a stockholders' committee acceptable to both Mr. Holmes and the management was appointed to investigate Mr. Holmes...
...Southern fields. Which meant, of course, that Messrs. Atterbury & Williamson would haul a much smaller chunk of Pittsburgh's 10,000,000-ton annual output. Five years ago the I. C. C. refused Pittsburgh Coal permission to build the 12-½-mi. spur. But in the boardroom of Pittsburgh Coal it was finally decided that I. C. C. permission was superfluous; the spur would be a private road, not a common carrier. Last year construction crews were sent into the wild hills near Smiths Ferry. Into the courts marched the lawyers for orders preventing the contractors from throwing...