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In spotlight at Senate Railroad Inquiry. Washington, D.C., Dec. 17. J.J. Anzalone, President of the Mid-America Corp., and Comptroller for many Van Swerigan companies, was questioned today by Chairman Burton K. Wheeler at the Senate Railroad financing inquiry. Anzalone told the committee of an option agreement between the Allegheny Corp., former Van Swerigan top holding Co., and the Chesapeake and Ohio Railroad Feb. 1, 1932 under which C&O agreed to buy 382,000 shares of Erie and Nickel Plate Railroad stock for $5,062,000. Chairman Wheeler attempted to show that this deal was a violation of the Sherman [Anti]-trust law

In spotlight at Senate Railroad Inquiry. Washington, D.C., Dec. 17. J....

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Former head of New York Stock Exchange before Senate Committee. Washington D.C. Richard Whitney; former President of the New York Stock Exchange, was the first witness as the Senate Committee investigating railroad financing reopened hearings today. After testifying of his buying activity in Alleghany Corporation stock, a Van Swerigan holding company, Whitney proposed adoption of a rule preventing exchange Governors from passing on listing of new stock in which they or their business firms have an underwriting interest. He defended past practices of exchange officials, including himself, of passing on acceptability for listing of issues in which they were persoanlly interested

Former head of New York Stock Exchange before Senate Committee. Washin...

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Senate Committee hears Van Swerigan official. Washington, D.C., May 11. known for many years as the closest business associate of the late Van Swerigan brothers, Herbert Fitzpatrick, Vice President and General council for two major units in vast Van Swerigan rail empire, was quizzed today by the Senate Committee investigating railroad financing. Chairman Wheeler charged that the late O.P. Van Swerigan acted "directly in defiance" of ICC orders by having the Van Swerigan-controlled Chesapeake and Ohio Railroad purchase in 1930 an option for stock of the Chicago and Illinois Railroad. Fitzpatrick answered by declaring the C&O voted to buy the option because "it was their judgement the O.&E. I? should properly be grouped with the C&O" roger brennan, counsel for Fitzpatrick, is shown on left, 5111937

Senate Committee hears Van Swerigan official. Washington, D.C., May 11...

A group of men sitting around a table, Library of Congress Harris and Ewing collection Title from unverified data received with the Harris & Ewing Collection on the negative or negative sleeve. Gift; Harris & ... More

Senate Committee hears Van Swerigan official. Washington, D.C., May 11. known for many years as the closest business associate of the late Van Swerigan brothers, Herbert Fitzpatrick, Vice President and General council for two major units in vast Van Swerigan rail empire, was quizzed today by the Senate Committee investigating railroad financing. Chairman Wheeler charged that the late O.P. Van Swerigan acted "directly in defiance" of ICC orders by having the Van Swerigan-controlled Chesapeake and Ohio Railroad purchase in 1930 an option for stock of the Chicago and Illinois Railroad. Fitzpatrick answered by declaring the C&O voted to buy the option because "it was their judgement the O.&E. I[?] should properly be grouped with the C&O" roger brennan, counsel for Fitzpatrick, is shown on left, 5/11/1937

Senate Committee hears Van Swerigan official. Washington, D.C., May 11...

A group of men sitting around a table. Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description