Business: Fight in Fertilizer

The stockholders of Virginia-Carolina Chemical Corp., fourth largest producer of fertilizer in the U. S., started fighting in the summer of 1932, have been at it ever since. One rule of their game appears to be that the president of the company always loses. There have been three presidents in the last three years, and there will probably be a fourth next month. Another rule is that Director George S. Kemp always wins. In Richmond last week Virginia-Carolina stockholders elected a new directorate. One set of candidates was headed by Director Kemp; the...

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