Business & Finance: Gum

When the stockholders of great companies meet, their action is often decided for them in advance. Thus it was announced, last week, that William Wrigley Jr., President of the $35,000,000 Wrigley chewing-gum corporation, would resign at the next stockholders' meeting; that his son Philip K. Wrigley. 29, would take his place. William Wrigley Jr., who will be named Chairman of the Board of Directors, will occupy his leisure with the financial management of his two baseball clubs-the Chicago Cubs, the Los Angeles Angels. Young Mr. P. K. Wrigley has been working for his...

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