Business: Shareholders & Salaries

Annual meetings, like trout-fly sales, are a highly seasonal phenomenon. Singer Manufacturing Co.'s shareholders do not gather until autumn because it takes nine or ten months to collect its sewing machine figures from all the Earth's corners. Bank of the Manhattan Co. holds its meeting in December before the year is done. But traditional annual meeting season is spring. And last week throughout the land stockholders took full advantage of their yearly opportunity to ask questions, make speeches and exercise their corporate franchise.

Bethlehem Steel's meetings have never been routine since shareholders learned...

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