Federal Operation of Transportation Systems
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In our eReader you can find the full English version of the book. Read Federal Operation of Transportation Systems Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Federal Operation of Transportation Systems
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B. Leeds purchased about $20, 000, 000 of stock of the company, and by the use of proxies they soon became members of the board of directors, W. B. Leeds being made president and D. G. Reid chairman of the executive committee. This syndicate procured the selection of other members of the board of directors, notably F. L. Hine, George MoMurtry, and George T. Boggs, each of whom appears to have acted and voted in accordance with the wishes of the members of the syndicate. One other director state...d that he knew but little of what was being transacted in the affairs of the railway company, and that he was a member of so many other boards of directors that he had no opportunitv to examine into things for himself, but had to take the word of those in authority. Thus the syndicate controlled the board through the directorships held by themselves and by those subject to their wishes.
ORGANIZATION AND USE OF HOLDING COMPANIES.
In July, 1902, the syndicate organized two holding companies, the Chicago, Rock Island & Pacific Railroad Co.
What to read after Federal Operation of Transportation Systems?
You can find similar books in the "Read Also" column, or choose other free books by Albert M Todd to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
B. Leeds purchased about $20, 000, 000 of stock of the company, and by the use of proxies they soon became members of the board of directors, W. B. Leeds being made president and D. G. Reid chairman of the executive committee. This syndicate procured the selection of other members of the board of directors, notably F. L. Hine, George MoMurtry, and George T. Boggs, each of whom appears to have acted and voted in accordance with the wishes of the members of the syndicate. One other director state...d that he knew but little of what was being transacted in the affairs of the railway company, and that he was a member of so many other boards of directors that he had no opportunitv to examine into things for himself, but had to take the word of those in authority. Thus the syndicate controlled the board through the directorships held by themselves and by those subject to their wishes.
ORGANIZATION AND USE OF HOLDING COMPANIES.
In July, 1902, the syndicate organized two holding companies, the Chicago, Rock Island & Pacific Railroad Co.
What to read after Federal Operation of Transportation Systems?
You can find similar books in the "Read Also" column, or choose other free books by Albert M Todd to read onlineMoreLess
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