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Homer Loring, Boston specialist in rejuvenation of worn-out corporations, resigned last week as chairman of the board of directors of the unfortunate Boston & Maine Railroad. Directors insisted on voting him $100,000 for his four years of voluntary service. He accepted the check, established a Boston & Maine Employes' fund with it, adding: "The task seemed worth undertaking, and the satisfaction and enjoyment in having helped accomplish it have been adequate compensation for what I have contributed."


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