Word: ownerships
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Dates: during 1930-1939
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...officeholder, the governor of the state which contains Niagara Falls, would have to say about Water Power. For six years New York's Democratic governors and Republican legislatures have bickered violently but fruitlessly over hydro-electric control. Alfred Emanuel Smith, as Governor, laid down the Democratic plan: state ownership, control and development of St. Lawrence River power sites. The Republican plan: control and development of power sites by private interests under mild state supervision...
...secured control of the Standard System, although leaving to the Byllesby Company the management and operation of Standard properties. The reorganization represented the amicable settlement of a dispute which had arisen between Byllesby & Co. and Standard's common stockholders. Byllesby's control of the System lay in its ownership of a special issue of 1,000,000 shares of preferred stock which carried a vote with every share. Through United States Electric Power Corp., a utility investment company organized by Harris, Forbes and its associates, the Harris, Forbes group had secured large holdings in Standard's common, but the Byllesby...