In a long and successful career analyzing the securities of railroads that have undergone or are going through reorganization, New York Financier Patrick B. McGinnis has developed a sharp eye for good buys in railroad stocks. A group he headed got control of the Norfolk Southern Railway Co. in 1947; the following year he helped Frederic C. Dumaine Sr. get control of the New York, New Haven & Hartford railroad, and later got a large chunk of common stock in the Central of Georgia Railway Co. But as a railroad officer, his batting average...
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