Business & Finance: South Server

Last week Southern Railway Co.'s twelve directors convened in Manhattan's 60 Wall Tower for their monthly meeting and annual election of officers. Scholarly President Fairfax Harrison walked in and sat down in the slot of a huge old semicircular, yellow pine dispatcher's table. The minutes read. Mr. Harrison rose and, instead of passing the chair to someone else while his name was put in nomination (as he had done for a quarter of a century), he quietly announced to the board that he wished to retire. Having served the Southern since he joined it...

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