Word: leonor
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Elected. James Taber Loree, younger of the two sons of Chairman Leonor Fresnel Loree of the Delaware & Hudson Railroad, to be a member of the D. & H.'s board of managers. He has been a vice president since 1923. His brother, Robert Fresnel Loree, is vice president of the Guaranty Trust Co. of Manhattan, in charge of its foreign department. Their uncle, W. C. Loree, is a director of the Kansas City Southern Railway, of which their father is chairman...
...statement obfuscated the fact that the Pennsylvania Railroad did not vote the majority Wabash shares which jt recently bought (with Lehigh Valley stock) from Leonor Fresnel Loree's Delaware & Hudson for $63,000,000 cash. Nor did it refer to Mr. Williams recent resignation from the D. & H.'s vice-presidency and board of managers. Nor did it mention Mr. Stair's other business affiliations...
...apparently irrelevant fact stood like a prognosticating index finger. A month ago the Pennsylvania withdrew its long support from Leonor Fresnel Loree's fifth eastern railroad system and paid him 63 million dollars to drop the matter (TIME, May 7). For getting Mr. Loree out of the railroads' way, the Pennsylvania was to get passage along the southern shore of Lake Erie to Chicago...
Last week Leonor Fresnel Loree was 70 years old and last week he sold his threat of a fifth Eastern railroad system for $63,000,000 and the assurance that his Delaware & Hudson would not be obliterated by the New York Central, the Pennsylvania, the Baltimore & Ohio or the Van Sweringen group...
Lowering darkly, Leonor Fresnel Loree quit the Pennsylvania Station in Manhattan last week, leaving behind him in a meeting room Presidents William Wallace Atterbury of the Pennsylvania, Patrick Edward Crowley of the New York Central, Daniel Willard of the Baltimore & Ohio and John J. Bernet of the Erie, together with M. J. & O. P. Van Sweringen of the Chesapeake & Ohio (old Nickel Plate) group. They all, with the aid of lesser officials who were also present, had been discussing the consolidation of the railroads that operate between the Atlantic and the Mississippi, and north of the Ohio-the Eastern roads...