Business & Finance: Personnel: May 16, 1932

Last week the following were news:

Martin John Instill, 62, brother of Samuel Ins nil, 72, resigned as president of Middle West Utilities, notified the receivers that he would be subject to their call for assistance at any time. Charles Alexander McCulloch, co-receiver, resigned as chairman of John R. Thompson Co. (chain cafeterias) to devote more time to Middle West.

Arthur Reynolds, 64, resigned as chairman & director of Chicago's Continental Illinois Bank & Trust Co. ("biggest bank under one roof), also as chairman of the bank's securities affiliate and of Continental Chicago Corp., investment...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!