Word: lapham
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...stockholders' committee, asking for proxies for a special stockholders' meeting in October. Mr. Holmes swore that he was not trying to regain the Texaco throne but only desired election of twelve additional directors. Mr. Holmes openly protested that Texaco had too long been dominated by the Lapham family who had three of the 13 seats - John H. ("Jack") Lapham and his cousin Henry G. Lapham and a Lapham nominee. Albert Rockwell. Seven directors are company executives. "No strong man, or any one above the average, has ever survived a Lapham board. . . . Every constructive or corrective effort, or activity...
...Furthermore, they were mortified by a frank Holmes telegram to President Roosevelt demanding Governmental intervention and suppression of racketeering. The directors remonstrated. President Holmes said he would run the company as he saw fit, directors or no directors. Day before the annual meeting Jack Lapham marched into Mr. Holmes's office: "Mr. Holmes, we don't like your policies and we don't like what you are doing. We have arranged that I shall be chairman of the board and you president-we to share equally all responsibilities. . . . There is dissension in the ranks...
...hotel decided to issue scrip negotiable within its walls for tips, cigars, newspapers, cosmetics, haircuts. Among those who lined up at the cashier's window to get their scrip: onetime Secretary of State Frank Billings Kellogg, onetime Speaker of the House Frederick Huntington Gillett, Banker Henry G. Lapham of Boston, Edward Bausch (& Lomb), President William G, Stuber of Eastman Kodak Co., onetime President Charles Doran of Sperry Gyroscope Co., John Hays Hammond, Packer Edward A. Cudahy Jr., Princess Erik of Denmark, Banker Albert E. Nettleton, Louis B. Kuppenheimer (clothes), Dr. Arthur Dean Bevan (Chicago's Rush Medical College...
...other so clever, could not be accepted by the great granddaughters of sea faring men. Then came business failure, the selling of the nearly completed house on Beacon Street, and the removal to the old farm in Vermont from whence he had sprung. Such was the rise of Silas Lapham...
Meanwhile other changes in deCoppet & Doremus were announced, left the cultural balance about even. Retiring to write a book was Frank E. Lapham Jr., a general partner since 1927, who started as a clerk many years before. Admitted to general partnership was Warren Bynner Nash, treasurer of the Stock Exchange, collector of rare etchings...