Word: cannes
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Dates: during 1950-1959
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PREFERRED RISK (248 pp.)-Edson Mc-Cann-Simon & Schuster...
Charles Green is a New York appliance wholesaler with a talent for proxy fights. In his first fight in 1949, he won control of Minneapolis' & St. Paul's Twin City Rapid Transit Co. with the help of such people as Nightclub Proprietor Isadore Blumenfeld (alias Kid Cann), a wealthy Minneapolis hoodlum with a record of 30 arrests. Later, Green squabbled with his associates and sold out his stock in Minneapolis Transit at an estimated $100,000 profit. In 1951 Green went after the management of United Cigar-Whelan Stores because they had not been paying dividends, succeeded...
...City Rapid Transit Co. Green had won that job after threatening a proxy fight. In November 1949, he had gone to Minnesota, armed with 19,200 shares of T.C.R.T. and complaints about no dividends. As an ally in his fight, he picked up Nightclub Proprietor Isadore Blumenfeld, alias Kid Cann, a wealthy Minneapolis underworld character with a record of 30 arrests (two for murder) and three liquor convictions...