Word: western
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Dates: during 1930-1939
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...years ago it found one: neat, elm-shaded Flemington (pop.: 2,700), site of the notorious Hauptmann trial. With a consistent assessment policy, a tax rate that seldom fluctuated, little debt, conservative little Flemington, near New Jersey's western border, looked good to harassed Standard. Into the tiny law office of sedate, greying George K. Large (Princeton '99; former country judge) went a huge new safe to hold the oil firm's records of incorporation. Up went the town's ratables as Standard was assessed $45,000,000 in personal property, paid...
Tickled pink were Flemingtonians. Not only was their personal property rate for State and county lowered but their town tax almost disappeared-shrank from $1.15 to 10?. Santa Claus had come to town out of season. The good word got around. Great Western Sugar Co. (assets: $82,402,000) heard it, blinked at the 67? tax rate, pulled up stakes in Plainfield. Into Judge Large's office, a block from the courthouse, went Great Western's new safe and papers-and the place got crowded...
...father's will. Instead of diversifying his investment as he was advised, he began to concentrate in railroad securities. By 1926 he had a beard like a buffalo, owned the world's largest square-rigged yacht (the 675-ton Aloha), was Board Chairman of the big Western Pacific, controlled 40,000 miles of railroad trackage-a full seventh of the U. S. total-most of it in the Northwest, stamping ground of the late great Railroad Builder James Jerome Hill, whom he had known and idolized. By 1931 he had welded Western Pacific and others of his holdings...
...last week Arthur Curtiss James, now 72, had turned another corner. The biggest railroad owner announced that he no longer felt able to handle the duties of Western Pacific's Board Chairmanship, that at year's end he would vacate...
...their children's life from then on. But Parry's story is mostly about the Major and his times. Son of the founder and first commandant of Fort Dearborn (later Chicago), a handsome soldier and famous engineer, constructor of the then marvelous Western Railroad of Massachusetts, Major Whistler was engaged by Tsar Nicholas in 1842 to build Russia's first long-distance railroad - from St. Petersburg to Moscow...