Word: coh
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Dates: during 1930-1939
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...last December he and his group had bought enough Avco stock to remove La Motte T. Cohû from the company's presidency (TIME, Dec. 19). A compromise board of 16 directors, still bankerish, was formed. Richard Farnsworth Hoyt, Hayden, Stone partner and board chairman of Curtiss-Wright, an athletic, motorboat-racing man cut much like Motormaker Cord though more refined, was put in temporarily as president. Mr. Cord & associates continued to buy Avco shares. Bankers Robert Lehman and William Averell Harriman, after their hot and losing proxy fight with Cord last autumn, had no heart to fight longer...
...Cord . . . and his associated interests now have effective control. . . . Under these circumstances Messrs. La Motte T. Cohû, George R. Hann, W. A. Harriman, Charles L. Lawrance, Robert Lehman, Lindley C. Morton and Matthew S. Sloan and myself believe it would serve no useful purpose for us to continue as directors of the corporation, and I am accordingly resigning as president...