Word: sweringen
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...will reach Buffalo, the most important Eastern outlet of the Great Lakes. The road will also be a vital part of the new low-grade freight route between New York and Chicago projected by the B. & O. From the Alleghany Corp. of their allies, the Brothers Van Sweringen, the B. & O. will buy control...
Heavy have been the recent losses of the Washington A. P. to press agentry: Lionel Charles Probert, onetime locomotive fireman left the head of the bureau to become publicity man for the Brothers Van Sweringen and Vice President of their Erie R. R. While covering the Senate oil scandals investigation, Bond E. Geddes dropped his pencil abruptly to become the press agent for Oilman Harry Ford Sinclair. E. Ross Bartley covered Charles Gates Dawes' Vice Presidential campaign in 1924 so effectively that the Vice President made him his Chief Secretary at the capitol...
Because railroads can go no further than their terminals, railroads and trucking are inextricably linked. Yet recently the Interstate Commerce Commission ordered the railroads to cease trucking deliveries in Manhattan. Last week Cleveland's smart Brothers Van Sweringen, Oris Paxton and Mantis James, finished a smart deal that will bring them double benefits, one of which is circumvention of the I. C. C.'s trucking order...
First step in last week's deal was segregation of the Van Sweringen-controlled Erie Railroad's coal properties to a new holding corporation, Pittston Co. Stock in the Pittston Co. will soon be offered to Erie stockholders, thus placing its control outside the railroad. But the Van Sweringens' promise to take up their pro rata share of stock and to underwrite any remaining shares, will assure identity of management. As one of its first moves, the new Pittston Co. proceeded to buy control of U. S. Distributing Corp., owner of Wyoming coal mines and also...
Cited by the Commission were two such holding companies: Alleghany Corp. controlled by the Van Sweringen interests (Nickel Plate, Erie, Pere Marquette. C. & O.) and Pennroad Corp., controlled under a voting trust by the president and two directors of the Pennsylvania Railroad...