Word: controllers
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Last evening in Sever 11, under the suspices of the Finance club, Mr. Edwin H. Abbot of Minwaukee, delivered an address on "Stocks and Bonds in Railroad Organization and Control...
...that they should be conducted on economic principles. Mr. Abbot denied the justice of universal suffrage as applied to voting of stockholders and deprecated the prevailing tactics, thoroughly gambling tactics, of foroing up the price of shares of railroads in order to buy up the votes which represent the control of the railroads. As an example of this scheming, Mr. Abbot instanced the great Oregon Trans-continental fight of last...
...conclusion Mr. Abbot spoke of the Wisconsin Central scheme as a model one and expressed his approbation of a responsible standing committee as the governing power of a railroad corporatlon. With such a governing power, it would be impossible for a few men either rapidly to assume control of a road or to wreck...
Harvard Finance Club. Stock and Bonds in Railroad Organization and Control. Lecture. Mr. Edwin H. Abbot. Sever...
...Edwin H. Abbot of Milwaukee, Wis., lectures tonight in Sever 11, under the auspices of the Finance club on "Railroad Organization and Control in Relation to Stocks and Bonds." Mr. Abbot has himself taken an active and prominent part in large schemes of railroad organization and his experience has led him to some conlusions as to the manner in which stocks and bonds should be handled in case of railroad bankruptcy...