Business: Personnel: Dec. 21, 1931

Last week the following were news:

Frederic Ely Williamson was elected president of New York Central Rail-road Co. succeeding Patrick Edward Crowley. At the same time the office of chairman of the executive committee, until recently held by the late Albert Hall Harris, was abolished. Also abolished was Central's $1 quarterly dividend. Directors said any future payments would be semiannual, that their next consideration of the question would be in May.

William P. Kenney was elected president of Great Northern Railway Co., succeeding Ralph Budd, who became president...

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