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...shares of stock (par value $50) surrenders 40? of his dividends. The Erie's wage tax increases by $650,000, or 37? for each of its 176,000 shares. But then, the Erie Railroad has never paid a common dividend, and in late years no preferred. Leonor Fresnel Loree's Delaware, Lackawanna & Western pays 23? a share ($400,000). His comment was: "The fact that the Arbitration Board has decided to increase the wages of the train service employes did not come as a surprise to me. Arbitrators usually try to effect a compromise between

Author: /time Magazine | Title: RAILWAYS: Pay Raised | 12/13/1926 | See Source »

...Leonor Fresnel Loree, President of the Delaware & Hudson R. R., and master of even greater rail systems: "The Holland Society of New York gave me its 1926 medal. In its estimation I had 'done most to promote the welfare of mankind' in my particular field. Upon accepting the medal, I made a speech, showing that in 1925 each freight employe in the U. S. "handled 320,019 tons of goods for each mile of transportation furnished. In Africa where blackamoor porters still carry freight on their backs, each is capable of but 152 ton-miles a year...

Author: /time Magazine | Title: People: Dec. 6, 1926 | 12/6/1926 | See Source »

Southwest. Plans of the Leonor Fresnel Loree merger of the Kansas City Southern, the Missouri-Kansas-Texas and the St. Louis Southwestern were placed before the Interstate Commerce Commission last week...

Author: /time Magazine | Title: Business: Business Notes, Nov. 22, 1926 | 11/22/1926 | See Source »

...Leonor Fresnel Loree, shaggy railroad organizer, attended an Interstate Commerce Commission hearing at Dallas last week. There were 300 other railroad men and lawyers present at that hearing, but none of more importance than Mr. Loree. Indeed Mr. Loree was the prime cause of the hearing because, as chairman of both the Kansas City Southern and of the Missouri-Kansas-Texas (the "Katy") and the controlling interest of the St. Louis & Southwestern (the "Cotton Belt"), he is seeking to merge these lines, with approval of the I. C. C., into a southwestern Loree system which will strap the Great Lakes...

Author: /time Magazine | Title: Business: R.R. What's What | 10/11/1926 | See Source »

...ferocious in appearance is Leonor Fresnel Loree, the shaggiest of high railroad executives, that when he makes his rare appearance "hair, mustache and beard awry, thick, bushy brows slanting up from his heavy-lidded eyes" at the New Jersey College for Women or at Rutgers, the young people are always startled. He is a trustee of these institutions, one of the several railroad masters to take interest in academic affairs (see EDUCATION...

Author: /time Magazine | Title: Business & Finance: L. F. Loree | 5/3/1926 | See Source »

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