Word: leonor
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Adhemar dropped out of the public spotlight until the revolution of 1945, when he scrambled back into politics. Many Paulistas think that his wife, Leonor, mother of his two strapping sons and his two daughters, spurred him on. "He may be the brains, but she is the soul of that team," they...
...Pennsylvania wanted the Wabash so badly it paid $63,041,549 for 49% of its stock in 1927-28, much of it to the late, great, foxy Leonor Fresnel Loree. The next year ICC came out with its "final'' consolidation plan. Instead of the four systems expected by the Eastern railroads (New York Central, Pennsylvania, Baltimore & Ohio, Chesapeake & Ohio-Erie-Nickel Plate), ICC proposed five-the fifth being a looping road-to-nowhere based on the Wabash and Seaboard. And instead of approving the Pennsy's expensive purchase, ICC began anti-trust proceedings...
...Died. Leonor Fresnel Loree, 82, retired (1938) head of Delaware & Hudson Railroad; of a heart attack; at his mountain estate near West Orange, N.J. Among sleek, ICC-conscious latterday railroad presidents, massive (300-lb.), buffalo-bearded, uncompromising Leonor Loree seemed a gaudy symbol of the roaring '80s, when he began his long career. In 60 years he headed more roads, introduced more permanent operating innovations, made a higher salary ($100,000) than any surviving railroader. His last spectacular gesture came in 1933, when he bought his way (for $10,000,000) into the No. 1 stockholder's seat...
Twelve years ago, bewhiskered old Leonor F. Loree wanted to merge his Kansas City Southern Ry. with the Missouri-Kansas-Texas and the St. Louis Southwestern railroads. ICC said No. A few years later the Van Sweringens wanted to merge it with their sprawling Missouri Pacific. Hard times quashed that idea. In 1931 Chicago Great Western got control of K.C.S. But litigation, instituted by Railroader Loree, kept the pair apart. Last week, Kansas City Southern once more was on the verge of matrimony-this time proposed by its Board Chairman Harvey Crowley Couch...
...utilitarian (Arkansas, Louisiana and Mississippi Power and Light Companies). In 1926 he bought Louisiana and Arkansas Ry. for $10,000,000, In February 1937, for a rumored $2,250,000 he picked up working control of K.C.S. from Paine, Webber & Co., which got control after a bitter fight with Leonor Loree. Since then Wall Street has been expecting a merger and last week Harvey Couch produced it. He announced that K.C.S. would issue 210,000 shares of common stock to exchange for stock...