Monday, Mar. 05, 1934

Personnel

Among 19 officials indicted last year in the investigation of the bankrupt Insull holding company, Corporation Securities Co., was Edward J. Doyle, president of Commonwealth Edison Co. Believing that his indictment might "be considered by some Edison Company stockholders as detrimental to their interests," President Doyle last week resigned. The Board accepted his resignation, but voted its confidence in him by putting him back in office. He will perform the duties of president without official title. The position of president will remain vacant.

Adolphus Busch 3rd, 42, elder of the two sons of August A. Busch, was elected president of Anheuser-Busch Inc., succeeding his father who committed suicide fortnight ago. August A. Busch Jr., 34, second son, was made first vice president.

Frank Billings Kellogg, onetime Secretary of State, and R. Douglas Stuart, vice president of Quaker Oats Co.. were elected directors of the Chicago, Burlington & Quincy Railroad, succeeding the late Alexander Legge and the late Walker Downes Hines, onetime (1919-20) Director General of U. S. railroads.

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