Word: last
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Dates: during 1920-1929
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...Last week the I. C. C. authorized the reopening of the 17½-mile Hill City Railway. Armour and Co. recently sold it to the citizens of Hill City, Minn., for a bargain price...
...weeks ago George Hannauer, late President of the Boston & Maine, died of heart failure while watching the Yale-Dartmouth game. Last week the B. & M. elected Board Chairman Thomas Nelson Perkins, Harvard Fellow, as acting President. Mr. Perkins has been an outstanding lawyer in Massachusetts for some 35 years. He was the first American member of the Reparations Commission, and in the Reparations Conference last spring he was alternate to Owen D. Young. That he is a Boston aristocrat does not weigh too heavily on his shoulders. He is noted for his democracy and humor...
...sits quiet-voiced Patrick Edward Crowley of the New York Central; behind the second sits energetic Daniel Willard of the B. & O.; behind the third sit the chubby brothers Oris Paxton and Mantis James Van Sweringen. On each of the three Boards a different consolidation game is being played. Last week two bold moves were made on the Van Sweringen board. Master Atterbury made the first when he captured a valuable pawn, the Pittsburgh and West Virginia. His Pennroad Corp. bought for $50.000,000 from Frank E. and Charles E. Taplin the controlling interest in the road. The loss...
Manhattan. Under a broad charter granted in 1799, Manhattan Co., which began as a water-supplying concern, has long engaged in banking through its unit, Bank of the Manhattan Co. Last week stockholders voted to change Bank of the Manhattan Co. to Bank of Manhattan Trust Co., and to increase the authorized capital from $22,250,000 to $40,000,000. Manhattan Co. will use its increased capital to enter the group banking field. Some believe, some hope that the laws against branch banking may be repealed, allowing holding companies to become great multi-branched banking systems...
Baltimore. The biggest Baltimore bank was created last week when Baltimore Trust Co. (total assets over $82,000,000) merged with Century Trust Co. (total assets $17,000,000). After the consolidation a $5,000,000 securities company will be formed. Big names among Baltimore trust executives include U. S. Senator Phillips Lee Goldsborough, Socialite Donald Symington, Banker Waldo Newcomer...