Notoriously miserable has been the record of investment trusts as a group. Notably excellent has been the record of one trust: Atlas Utilities Corp. Last week Atlas, still little known beyond the purlieus of Wall Street, acquired control of two well known investment trusts, and with them, management contracts.
The deals marked the eighth and ninth acquisitions made by Atlas since last October. President of the company is a quiet, modest man of 39 who is considered one of the ablest men in the country yet is as obscure as his company. He is...
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