Business: Another for McGinnis

In Boston's North Station last week, at the annual meeting of the Boston & Maine Railroad, the most important man was not there. Absent was Wall Street Financier Patrick B. McGinnis, who won control of the New York, New Haven & Hartford Railroad a year ago and now was out after control of the B. & M. But he dominated the meeting nevertheless. Even before B. & M. officials counted the proxies, they were ready to admit defeat. Both Board Chairman Edward S. French and President Timothy G. Sughrue resigned in expectation of a...

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