Word: railroads
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Dates: during 1940-1949
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...Mile, Ky. began running out of doors. It is not the sort of village in which people ordinarily run-its weathered shacks squat dismally in a muddy hill hollow amid slatternly fences, outhouses and discarded tires. The women and children straggled past the empty coalies on the Louisville & Nashville Railroad spur, and up a barren knoll to the tipple of the Belva Mine. Smoke and burned fragments of cardboard and paper were puffing hotly from the tunnel mouth...
...Commander George Howard Earle, 55, former New Dealing Governor of Pennsylvania, later disputatious Minister to Bulgaria (in 1941 a Nazi in Sofia complained that Earle conked him with a champagne bottle), wartime naval attaché in Turkey; and Jacqueline Marthe Jermine Sacre, 23, Paris-born daughter of a Belgian railroad executive in Turkey; he for the second time (four sons by a previous marriage), she for the first; in Istanbul. Said he: "I came back because I adore Jacqueline." Said she: "I love George. I knew he would come back...
...Chicago's Federal Court a month ago, Judge Michael L. Igoe handed down an apparently routine decision: he approved the reorganization of the Chicago, Milwaukee, St. Paul & Pacific Railroad Co., on the rocks since 1925. But it was not routine to 1,175 holders of the road's preferred stock...
Despite the decision, Bob Young seemed determined to go into the sleeper business. As a start, he plans to appeal the decision to the U.S. Supreme Court. Last week he also announced that he plans to buy 1,000 brand-new sleepers for his Chesapeake & Ohio railroad. C. & O. now has only 436 passenger cars of all types, obviously has no need of 1,000 sleepers for itself. Best guess was that Bob Young plans a sleeper service for roads not in the combine...
Three famed oldsters in U.S. industry stepped aside last week for younger men: Big Bill Jeffers, whose strong back and sharp mind have run the Union Pacific Railroad for eight years, will retire from the presidency Feb. 1 at the age of 70, the road's age limit. He will continue as a director, but plans to take things easy in his new home, complete with swimming pool, in Los Angeles. Into his big shoes will step Executive Vice President George F. Ashby, 60, who went to work for U.P. in the engineering department 34 years ago. Like most...