Word: franchisees
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¶He did sponsor a bus franchise to the financially irresponsible Equitable Coach Co., backed by a close friend, but did not know it was unfit to receive the award until later.
Buses. Why did the Mayor in 1926-27 sponsor a franchise for Equitable Coach Co., later declared "a financial paralytic" by the State Transit Commission in ordering the franchise inoperative, when a company competing for the franchise had promised to operate more buses at a lower fare and posted a...
J. Allan Smith's was not the only name the Mayor failed to recall. He remembered Frank R. Fageol, the Kent, Ohio bus builder who was a potent Equitable backer. But he did not remember Mr. Fageol's Vice President Charles B. Rose (now president of America-La...
Inquisitor Seabury attempted to show how, in 1925, the Messrs. Hastings & Walker got into the Equitable Coach Co. deal, a grandiose but fruitless scheme to get a city franchise, start a bus line, swap stock and concessions with other municipal services and ultimately control the city's entire privately...
From the records of Equitable Trust Co. (not connected with the bus firm), Mr. Seabury produced evidence that in August, 1927, a fortnight after "Boy Friend" Walker had succeeded in getting a franchise for Equitable Coach Co., but a day before his signature made the franchise effective, the syndicate'...