Business: Outs & Ins

Deposed six weeks ago as president of Seversky Aircraft Corp., volatile, hard-flying Major Alexander Procofieff de Seversky was kept on the payroll, last week was in Paris trying to sell airplanes. Meanwhile, the Seversky board, with six years of deficits behind it, met in Manhattan.

To "Sascha" Seversky's hotel went a cablegram: he had been fired.

> In 1925 Chicago & North Western Railway Co. made its counsel, methodical Fred Wesley Sargent, its president and operating head. Last week, 63 and ailing, lawyer-railroader-gentleman Farmer Sargent resigned, having in 14 years seen the North Western win seven national rewards for safe operation.


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