Business & Finance: Personnel: Mar. 28, 1932
Last week the following were news:
Samuel Insull resigned from the chairmanship of Indiana Service Corp., was succeeded by Samuel Insull Jr. Mr. Insull Sr. has been resigning most of his positions in his group's operating and intermediate companies, to devote all his time to the pressing financial problems of his big holding and investment companies, Middle West Utilities, Corporation Securities Co. of Chicago and Insull Utility Investments, Inc. The first company has maturities every year until 1935. The 1932 maturity will be $10,000,000 in June. Last week's price of 30% of par indicated the concern felt over the ability of...
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