The Battle of Bond & Share

The meeting opened and the riot started. Management pounded for order, stockholders jumped up & down. They shouted at management, at each other, at the Government. There were cries of "Where's my money?", threats to call the police, invitations to "settle this outside."

This rowdiest of stockholders' meetings, rowdier than any big corporation had even in mid-Depression, caught giant Electric Bond & Share Co. by surprise last week. There was no particular reason for it except that the company has had trouble aplenty—its affiliate's plants in Shanghai have been seized by the...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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