Word: fresnel
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Dates: during 1930-1939
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Railroad presidents who sigh when they think of the magnificent open-field technique of Vanderbilt, Harriman, Gould and Hill, sighed again last week when Leonor Fresnel Loree, on the point of turning 80. resigned as president of Delaware & Hudson Co. Mr. Loree has a beard and a ferocious scowl. But despite his age and looks, he was always only on the fringes of the swashbuckling, end-of-the-century railroad men who ran railroads, the stock-market and a few States. He was a Harriman man, less of a giant than a tall man with aspirations...
...Kansas City and Port Arthur on the Gulf of Mexico, the K.C.S. does a good business each year carrying coal, oil and farm products. It joins the L. & A. at Shreveport. The man who built the Kansas City Southern into a first-class railroad was bush-bearded old Leonor Fresnel Loree of the Delaware & Hudson R.R., ousted from his post of stewardship on the K.C.S. last year by Paine, Webber after a long-drawn-out fight at the corporate polls...
Married. Alix Ghelaine Loree, daughter of Manhattan Banker Robert Fresnel Loree (Guaranty Trust), granddaughter of President Leonor Fresnel Loree of Delaware & Hudson R. R.; and Robert Keene Tubman of Baltimore, Md.; in West Orange...
...stood Col. Leonard P. Ayres, Cleveland Trust Co.'s vice president-economist who bid in behalf of Mid-American Corp., especially chartered last week as the new top Van Sweringen holding company. Morgan Partner George Whitney was there with Morgan lawyers. Conspicuously absent was old bush-bearded Leonor Fresnel Loree, who has been built up in the Press as a likely Van Sweringen rival. And toward the rear was the iron-grey head of Oris Paxton Van Sweringen. Brother Mantis James did not attend...
...will bid for it? That question kept Wall Street buzzing last week. The Morgan banking group made it clear that they would do no more than place bids amounting to upset prices. Old bush-bearded Leonor Fresnel Loree, who two years ago stepped out at 74 to buy a 10% interest in New York Central for his rich little Delaware & Hudson, was spotlighted as a likely bidder. Another suggestion was Frederick Henry Prince, crusty septuagenarian Boston banker who jumped into Armour & Co. a year ago. While either Loree or Prince could undoubtedly lay hands on enough cash, neither...