Word: hayden
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Mathieson will issue to present stockholders rights to buy one share of the new stock at $30 (present price: $36) for each three shares they now hold. Mathieson's regular bankers. Hayden, Stone & Co.. will head a group to underwrite the issue in the usual manner. But Mathieson will not know whether its plunge was fatal until after the stock has been issued and shyster lawyers have had an opportunity to start nuisance suits...
Last September Hupp Motor Car Corp.'s biggest stockholder, Promoter Archie Moulton Andrews, backed a proxy campaign to oust the entire management of Hupp, particularly Directors Charles Hayden and Moritz Rosenthal who are potent in Hupp affairs. The proxy appeal to stockholders said: "It is sufficient ... to point out one record which shows that the president of your company, during two years, drew $250,000 of salary while the company reported losses in excess of $8,000,000. . . . Large stockholders . . . feel that it is about time that the management of the corporation is brought to the realization that...
...Hastings, venerable chairman of the board who has been with Hupp since it was founded in 1908. His selection only preserved the status quo. Moreover the three stockholder representatives of the board (which also contains three Hupp distributors and three factory representatives, among them Mr. Hastings) still include Messrs. Hayden and Rosenthal, leaving Promoter Andrews, the third, in the minority. Last week Mr. Andrews dismissed President Young's departure as a mere gesture: "They threw him to the wolves...
Because some of the listed objects were easier to acquire than others. Sportsman Harold Stirling ("Mike") Vanderbilt was appointed to set handicaps. As the scavengers trooped back they deposited their trophies with Gene Tunney, Novelist Louis Bromneld, Grand Duke Dmitri of Russia, Banker Charles Hayden, Prince Lodovico Spada Varalli Potenziani, ex- Governor of Rome, who awarded prizes of $500, $300 and two cases of champagne. First to return were Mrs. John C. Waterbury & Nicholas Holmsen, who brought back a white goat, complete with keeper, and a red lantern. From his pocket resourceful Mr. Holmsen extracted a live turtle...
...Morris Fishbein, its business manager. Will Conrad Braun, and General Manager Olin West. They produce the income. They, however, do not guard the accumulation. For that job, Dr. Herman Louis Kretschmer, Chicago's genitourinary surgeon, was last week chosen A. M. A. treasurer. He succeeds Dr. Austin Albert Hayden. Chicago ear-eye-& throat surgeon, elected an A. M. A. trustee. Trustees were proud that the total depreciation of the securities in their charge "amounted to less than 6%, which is believed to be far less than the amount of depreciation in securities held by most other corporations...