Business: Cry Babies

Last fortnight Yellow Taxi Corp., New York (Regent 1000), largest, oldest (1921) in New York City, went to court to defend its 1,250 cabs. Yellow complained that General Motors Corp, had coerced railroad and steamship lines into awarding concessions to G. M.'s subsidiary, Terminal Cab Corp. Yellow obtained from Supreme Court Justice Richard P. Lydon a temporary injunction to bar Terminal Cab from operating a concession recently obtained (at Yellow's expense) from the Furness-Bermuda Line, Pier 95, North River. Last week Counsel Henry B. Hogan for General Motors denied all charges, affirmed that...

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