Word: leonor
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...week, as they did less conspicuously for three preceding weeks, over a national railway problem, essentially political, secondarily financial. The problem is whether there are to be four or five dominant trunk-lines westward from New York. The fifth, if at all, would be organized and run by Leonor Fresnel Loree, who now controls the Delaware & Hudson. Mr. Loree, grizzly-bear of railroads, Harriman's successor in talent, conferred for nearly three hours. His conferees represented four trunk-line adversaries: the Pennsylvania, the New York Central, the Baltimore & Ohio and the Van Sweringen merger group (once planned...
Loree Merger. The I. C. C. suddenly ordered Leonor Fresnel Loree to explain why his railroad mergers proceedings in the Southwest were not a violation of the Clayton Anti-Trust law. Mr. Loree had had his Kansas City Southern R. R. buy control of the larger Missouri-Kansas-Texas ("Katy") and the St. Louis Southwestern ("Cotton Belt"), presuming that he was protected by the 1920 Transportation Act of Congress which encouraged the railroads to unify regional systems. Railroad men realized that the I. C. C.'s present gesture towards Mergerer Loree may be an effort to rub away...
Elected. Charles Eugene Johnston, 46, hitherto vice president and general manager, to be president of the Kansas City Southern Railway; to succeed Job Adolphus Edson, president for 22 of his 60 years in railroading. Leonor Dresnel Loree seeks to unite the K. C. S. R. with the St. Louis-Southwestern and the Missouri-Kansas-Texas as a southwestern railroad system (TIME...
Thwarted thus far has been Leonor F. Loree's project of a fifth system in the same region (Wabash, Wheeling & Lake Erie, Buffalo, Rochester & Pittsburgh, Delaware & Hudson, Lehigh Valley, Western Maryland...
...Interstate Commerce Commission last week rejected Leonor Fresnel Loree's proposal to create the Kansas City Southern System in the southwestern states, by having the Kansas City Southern Railway buy up the Missouri-Kansas-Texas (the "Katie") and the St. Louis Southwestern (the "Cotton Belt...