Business & Finance: Gugle v. Eaton

In the happy summer of 1929, Cyrus Stephen Eaton was a director of 19 companies. In three directorates he was on the executive committee, in four chairman of the board. The companies ranged over a wide field, from Bowman-Biltmore Hotels Corp. to National Refining Co., included steel, rubber, paints and power.

Through his Cleveland Trust Co. and Otis & Co., then a member of the New York Stock Exchange, this "man who never lost a battle" brought his power to bear as brilliantly in the financial world as he had in manufacturing power and...

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