Word: controller
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Dates: during 1930-1930
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...Judicial Control of Administrative Discretion". Professor Holcombe, Harvard...
Bitter were the recriminations that followed. Said Board Chairman Howard E. Coffin of NAT: "Stockholders stood overwhelming by the present management and voted 521,000 shares for retention . . . despite the unfriendly efforts of United to gain control for its selfish interest...
...answer to this reflection upon their company, last week Moon stockholders voted down the seven old directors by enlarging the board membership to 15, adding eight new members who therefore have control. The new group is composed of the interests who recently sold Moon the Ruxton, front wheel drive. Unwilling to be ousted, the old officials protested, threatened legal action...
...group took control of Chicago Great Western.* Leaders are Patrick H. Joyce, onetime President of Standard Steel Car Co., and John W. O'Leary, President of National Bank of the Republic. At the annual stockholders' meeting the group elected Mr. Joyce chairman of the executive committee and Bernard E. Sunny, of General Electric, board chairman. New by-laws were passed giving President V. V. Boatner entire control of operation and Mr. Joyce and the Executive Committee control of finance. As railmaster of the Great Western Mr. Joyce succeeds the late Samuel M. Felton, who dominated the road as president...
...hand, they acted like good little boys and withdrew their C. & 0. merger in order to revise it to suit their Uncle I. C. C. On the other hand, they deeply pained their good Uncle by their persistent buying into independent railroads. Not only do they control 47.8% of the voting stock of Missouri Pacific, but it is now revealed that their Allegheny Corp. owns 20.8% of the voting shares of Kansas City Southern, often called ''the straightest railroad in the U.S." Just how much fire there is behind the smoke of recent Van Sweringen activities is question...