Word: mops
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Dates: during 1930-1939
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...Louis, as a result of the Missouri Pacific Lines going into the new type of railroad bankruptcy (TIME, April 10), Federal Judge Charles Breckenridge Paris cut the salary of Lewis Warrington Bald- win, president of the "Mop," from $85,416 to $40,000 a year. He cut the pay of Senior Vice President Edward M. Durham Jr. from $40,000 to $19,200; of Fred Page Johnson, vice president (finance de- partment) from $22,300 to $13,800. Other salaries fixed by the Court: for vice presidents $6,000 to $18,600, for secretary & treasurer $6,000, for general solicitor...
...preliminary series against the Montreal Canadiens and the Detroit Red Wings, he had helped eclipse the Rangers famed first-string forwards (Frank Boucher and the Cook brothers. Bill & Bun). Almost as surprising as the performance of Dillon last week was the work of the Rangers' youthful, mop-haired, talkative goaltender, Andy Aitkenhead. A recruit this year, replacing convivial John Ross Roach, he had stopped all but nine of 137 shots in five games. To defend their championship the Maple Leafs had a crack team of seasoned players. Charlie Conacher, 23-year-old forward, seemed to have ended his career...
...MOP. In 1929 Missouri Pacific R. R. stock was eyed curiously because of a long, unspectacular but steady rise in price. Not until long after the stock-market crash did the public learn the reason why: Cleveland's Van Sweringen Brothers had been quietly buying control. The Brothers Van Sweringen put $86,000,000 into MOP securities, paid better than $80 a share for the common stock majority. Last week MOP stock sold at $1.25. Borne down with a weary load of debt and dwindling earnings, MOP subsided into bankruptcy...
Roosevelt's railroad schemes wherever-whenever the Coordinator sees a reorganization needed (see p. 53). MOP's bankruptcy was precipitated by a $35,000,000 bond issue maturing May 1. From the R. F. C. it had already borrowed $23,000,000 in the last year and lately it had been requesting R. F. C. funds to pay interest on earlier R. F. C. loans...
...line, upwards of $600,000,000 in assets, gives MOP a place among the first ten U. S. roads. The Brothers Van Sweringen bought it to complete what the late great Edward Henry Harriman and Leonor Fresnel Loree long coveted-a transcontinental railroad system. Today though no other Van Sweringen line has actually collapsed, their superstructure of holding companies is supported almost solely by Chesapeake & Ohio-only U. S. road still paying dividends at the 1929 rate...