Word: youngstowns
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...false whiskers so becomingly worn by our Cleveland friend will be removed," radiographed Cyrus Stephen Eaton last March to John T. Harrington, president of Trumbull Steel. Last week the message was read in court. Newton D. Baker, attorney for the merger of Bethlehem Steel and Youngstown Sheet & Tube, asked Mr. Eaton whom he meant. Mr. Eaton said "our Cleveland friend" was Henry G. Dalton, vice president of Youngstown and a director in Bethlehem...
Died. Myron C. Wick, 38, Ohio broker, plaintiff in the suit to enjoin the merger between Youngstown Sheet & Tube Co. and Bethlehem Steel Corp.; of pneumonia, a week after he had been taken ill in court, at Youngstown...
...Youngstown Sheet &Tube...
Arguing that Youngstown Sheet & Tube Co. stockholders have-in view of proposed merger-a right to know how much Bethlehem Steel Corp. pays its executives, last fortnight Cyrus Stephen Eaton's smart attorneys ferreted a phenomenal fact from Bethlehem's President Eugene Gifford Grace. In 1929 he received a salary of $12,000; a bonus of $1,623,000. Elated at this success, last week the Eaton attorneys went for bigger game. If Mr. Grace received $1,623,000, how much might not Chairman Charles Michael Schwab get? But while the figure was successfully disclosed, it proved...
...Eaton forces declared that they were ready to challenge "thousands more" even hinted at attacking the constitutionality of the Ohio corporation code under which the merger was ratified. The $800,000 loan by Bethlehem to Cleveland's Pickands, Mather & Co. for the purpose of buying Youngstown stock, which has been the King Charles's head of the suit, inevitably came up. R. E. McMath, Bethlehem secretary, when asked whether Partner Elton Hoyt II of Pickands, Mather had told him the money was needed to buy Youngstown stock, replied: "No, but I think he knew that I knew what...