Word: leylands
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George P. Leyland '59 said the Society had committed nine violations of its constitution and of "general practice." His main criticism stemmed from the fact that the HSMR's recent election meeting was held without a proper quorum...
Last night, Council President Edward M. Abramson '57, in an effort to mediate the petition before it reaches the Council meeting Monday, effected a partial agreement between Leyland, James N. Perlstein '57, present president of the HSMR, and R. Allen Williams '57, past president of the HSMR...
Abramson last night said that he believed the matter was settled "out of Council," although there was a disagreement between Leyland and Perlstein over the specific charges in the petition...
Disgusted, Bill Pawley turned to dollar-hungry Britain. The British Export Credits Guarantee Department said it would establish a $7,700,000 credit, enabling Pawley's Autobuses Modernos to buy 620 all-steel, 41-passenger buses from England's Leyland Motors, Ltd. The government guarantee would cover 85% of the buses' cost; Pawley would pay 10% when the deal was closed, the balance over a three-year period...
...sold White Star back to the British for $35,000,000. Because more than $11,000,000 is still owing on that deal he unsuccessfully tried to block the merger of White Star and Cunard in a London Court (TIME, March 26). He has sold 28 of Leyland's 32 ships. Meanwhile he has brought new lines into his fold, acquiring an interest in Baltimore Mail Line; tying up with Roosevelt Line by inducing Kermit Roosevelt, Vincent Astor and friends to buy into I. M. M.; joining with the Dollar-Dawson Pacific Coast interests to control United States Lines...