Business & Finance: National Enameling Flight

The National Enameling & Stamping Co. is experiencing a situation closely resembling a South American revolution. A committee of stockholders has developed, due to a dislike or distrust of the company's present management. This body wrote a letter to President Thomas K. Niedringhaus containing charges against the management and demanding representation on the Board of Directors. The stockholders committee was headed by James Brown of Brown Bros. & Co.

President Niedringhaus failed to answer the letter or promise reforms of alleged abuses. The committee then resolved to circularize the stockholders and solicit their proxies, with the purpose of voting a new...

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