Bickering stockholders and creditors of Goodyear Tire & Rubber Co. barkened to the counsel of Owen D. Young and last week agreed to cease their years of quarrels and lawsuits.
In 1920 the company, under the presidency of its founder Frank A. Seiberling, was practically bankrupt. Dillon, Read & Co., who worked out the refinancing plans, had President Seiberling removed and the company placed under a management committee. This committee consisted of Clarence Dillon of Dillon, Read & Co., John Sherwin of the Union Trust Co., Cleveland, and Mr. Young. Mr. Young has...
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