Word: interests
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Dates: during 1930-1939
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Behind this new interest in the ancient sport of rowing is the installment of a new streamlined crew machine which pushes the water past the stationary oarsmen at the rate of five miles per hour, an increase of three miles per hour, over the old gasoline engine which has put so many former Harvard rowing "greats" into championship form...
Outstanding as of June 1, 1938, were 1,241,816 common shares held by 4,300 men, 4,084 women, 2,708 trusts, groups, institutions. Mr. Queeny holds only 3.4% has beneficial interest in about 4.5% more through relatives and trusts. One officer of the company owns 1.47%, no others own more than...
...fighting for. During the last year a bitter dogfight has raged between the potent Guaranty Trust Co. and a group of tyro financiers headed by Robert R. Young. Chief bone of contention has been Chesapeake Corp., the holding company created by the Van Sweringen brothers to acquire a 51% interest in the C. & 0. Last week, as Wall Street had long anticipated, the bone was finally buried-in Guaranty's yard...
...shares of Alleghany preferred-including several potent friends of Guaranty Trust-should surrender their stock and their right to accumulated dividends of $33 per share in exchange for a new type of preferred and common-stock warrants. This plan was thwarted by Guaranty, which held Alleghany's 71% interest in Chesapeake as collateral for Alleghany bonds in technical default...
...eliminating Chesapeake entirely from the pyramid by distributing to Chesapeake's stockholders their company's assets. Last week, with Guaranty voting; 71% of the stock, 73% of the stockholders approved. When the burial is completed, Alleghany will be directly over the C. & O holding a 25% interest in that valuable property. Robert Young's group, meanwhile. remains the largest owner of Alleghany-but Guaranty will remain in control as long as Alleghany's bonds are in default...