Word: youngstowners
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...Youngstown Sheet & Tube...
...citizens of Youngstown, Ohio, last week had their most exciting seven days since the week of April 6, 1917, when the self-conscious steel town mobilized for War. In the War week, Youngstown went forth to meet the enemy; last week, the enemy was not only at Youngstown's gates, but actually within them. For the stockholders of Youngstown Sheet & Tube Co. were assembled, in person or by proxy, to determine whether the city's chief support and chief crown was to survive as an independent company or was to become a part of great Bethlehem (TIME, March 24, April...
When, on Tuesday morning, the stockholders entered the dim, musty assembly room of the Dollar Savings Bank Building, the issue seemed entirely clear. As old Chairman James A. Campbell took his seat under the faded portraits of Youngstown bankers long dead, it only remained to count the votes to discover if three weeks of campaigning had brought Cyrus Stephen Eaton enough strength to block the merger...
...fine, big Stambaugh auditorium. But the scene of the real battle had moved, far from the tired, bitter stockholders, into the comparative quiet of the courts. Neither Cyrus Eaton nor Jim Campbell, nor Grace and Schwab of Bethlehem, nor the Mather brothers of Cleveland, held the key to Youngstown's riddle. For four days, this object was in the hands of a hitherto obscure but extremely genial jurist by the name of C. S. Turnbaugh...
...damages to AutoStrop for loss of AutoStrop sales caused by Gillette's blade & razor. Gillette had been awaiting the suit. In March a statement to shareholders said, in part: "We are not only prepared for any legal controversy but we invite it." As in the case of the Youngstown-Bethlehem steel merger the law became the final and most important arbiter in a business battle...