Monday, Sep. 21, 1931
Personnel
The following were news last week: Mustachioed, European-educated James Edward Taussig resigned unexpectedly from the presidency of Wabash Railroad and a subsidiary company to devote himself to personal affairs. For a time he will continue to advise; he remains a director. His resignation follows a move to acquire control of Wabash by Pennsylvania, which followed acquisition of Chicago 6 Alton, Wabash competitor, by B. & O. Presidency of Vabash will be added to the duties of William Henry Williams, board chairman of Wabash since 1915.
L. Ames Brown, handsome Southern newsman, resigned as president of the advertising house of Lord 6 Thomas and Logan, Inc. (American Tobacco. Colgate-Palmolive-Peet, California Fruit Growers Exchange, General Electric). Succeeding Mr. Brown is another Wartime U. S. Ship ping Board protege of Albert Davis Lasker, L. & T. and L.'s board chairman: Ralph V. Sollitt. Tactful Advertiser Sollitt is Indiana-born. He has been teacher, lawyer, banker. Under Wrill H. Hays he helped elect Warren Gamaliel Harding President. In 1924 at Mr. Lasker's urging he went to Chicago with L. & T. and L. He gathered and possesses a leading U. S. collection of silhouets. Edward James Nolan, Wartime aviator and Los Angeles banker, confirmed re ports of his resignation as board chairman of Bank of America National Trust 6 Savings Association, subsidiary of Transamerica Corp. Sailing W . Baruch, father, and Donald Edward Baruch, son, filed with the New York Stock Exchange a proposal to dis solve the firm of Sailing W. Baruch 6 Co.
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