Word: leonore
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Some 10,000 rustic souls, devoted to dairying, inhabit the lovely Ausable valley which runs 23" miles in a generally south-west direction from the city of Plattsburg, N. Y. Since 1894 Leonor Fresnel Loree's Delaware & Hudson Co. R. R. had served them well. The inhabitants told time by the train's whistle, their cows grazed contentedly as the locomotive chuffed uncertainly...
Loree Present. In 1924 Railroader Leonor Fresnel Loree instructed his broker to buy for him 14,000 shares of Missouri-Kansas-Texas Railroad stock. A few weeks later, Kansas City Southern Railway Co., of which Mr. Loree is chairman, decided to buy control of M.K.T. Shrewd Mr. Loree made $144,000 on his M.K.T. stock. In 1928 the Interstate Commerce Commission investigated Mr. Loree's trade, questioned his ethics. Last week this annual report of Kansas City Southern revealed that Mr. Loree last year paid over to the road his $144,000 profit. He said his action was merely...
...Sinclair Pipe Line Co. to Standard Oil Co. of Indiana which already owned the other 50%. Sinclair Consolidated, with only $34,189,000 invested in the two companies, made the staggering profit of $38,000,000 on the deal-which eclipses even the $23,000,000 which hard-bitten Leonor Fresnel Loree made for his Delaware & Hudson when he sold his control of Wabash and Lehigh Valley to Pennsylvania. The sale is first step in pipe reorganization in Texas, Wyoming and mid-continent oil fields. Next step: acquisition by Sinclair of Prairie Oil & Gas Co. and Prairie Pipe Line...
Loree Rejection. The Interstate Commerce Commission last week received from its assistant finance director who had examined the matter, a recommendation to reject the plan of Leonor Fresnel Loree, bushy-bearded Delaware & Hudson R. R. president, to build a 344-mile line across Pennsylvania as the main link in a new New York-Chicago Trunk Line. Reason: public convenience did not necessitate the construction cost of $200,000,000; no new traffic would be created...
...Pennsylvania coal fields to the Hudson River, later became an operator of mines, steamships, street cars, hotels. Although the name was simplified to the Delaware & Hudson Co. in 1899, the old form is still effective- D. & H. has no directors, but a Board of Managers over which reigns Leonor Fresnel Loree. Last week D. & H. ended its long history as a common carrier, vesting its railroads in a subsidiary at midnight, March...