Business & Finance: Nickel Plate merger

The Van Sweringen brothers conferred with stockholders of the Pere Marquette last week, immediately after their conference with the stockholders of the Erie. Next they will confer with those of the Hocking Valley and of the Chesapeake & Ohio. They seek to mollify minority stockholders who dissented so strenuously last spring from permitting their roads to join with the Van Sweringens' Nickel Plate Railroad into a billion-dollar Nickel Plate System.

The Van Sweringens' previous tactics had been to gain control of the directorate of the constituent lines and to force approval of the...

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