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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 17, 1912
Page
5
President Edmund Billings and eleven directors of the Paul Revere Trust Company have resigned. The resignations were announced yesterday and accepted at last Friday’s board meeting, a move that surprised many and signals major shifts in the company’s financial leadership.
Eleven directors resigned including Francis N Balch Edward J Butler Walter C English Robert M Gardiner Jr William Hoag A V Lincoln William Minot William M Prest Milton S Thompson Barrett Wendell Jr and Alexander Whiteside The remaining directors include Julius Rottenberg William K E Moreland Wallace H Pratt and others The resignations reflect a policy dispute with the minority view and many resigning are familiar on State Street.
Mayor Fitzgerald announces a new policy linking salary increases to marriage. He aims to boost city payroll by encouraging unmarried male employees to wed before January 1, 1913. He notes over a quarter of city workers are single and promises broader scope for the plan.
The mayor proposes raising salaries to encourage marriage among city and county workers. He cites numerous bachelors including Corporation Counsel Joseph J. Corbett and City Treasurer Charles H. Slattery. Some officials doubt the policy, while others like Dr. Francis X. Crawford and Walter Finigan are named as potential beneficiaries.
Fireman Joseph Desrauleau died and Engineer C. S. Kent was seriously injured when a Hight engine derailed at Highgate Springs Vermont while en route to Starmand Quebec to aid an excursion train. The line was blocked for most of the day with trains rerouted via Rouse's Point until clearance.
Minister Cortland Myers of remont Temple argued in a sermon that God permits disasters like the Titanic but does not foreordain them. He asserted suffering shapes history and faith can turn bitterness into sweetness despite misery and sorrow.
In Lacrosse Wisconsin a circuit court verdict awards Anna Smolek $1000 after she sues George Bauer for 15 years of courting that cost her chances to marry. Bauer had courted her for 15 years then moved to Montana to start a home, later learning of his marriage to another woman.
Cornell to build a mammoth inclosure, costing 25000 dollars, offering 16000 square feet of floor space for baseball training and practice.
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