Outs & Ins

Deposed six weeks ago as president of Seversky Aircraft Corp., volatile, hard-flying Major Alexander Procofieff de Seversky was kept on the payroll, last week was in Paris trying to sell airplanes. Meanwhile, the Seversky board, with six years of deficits behind it, met in Manhattan.

To "Sascha" Seversky's hotel went a cablegram: he had been fired.

> In 1925 Chicago & North Western Railway Co. made its counsel, methodical Fred Wesley Sargent, its president and operating head. Last week, 63 and ailing, lawyer-railroader-gentleman Farmer Sargent resigned, having in 14 years seen the North Western win seven national rewards for safe operation.

> Elected to the presidency of Kansas City Southern Railway was Arkansas Public Utilitycoon Harvey Crowley Couch. The road's second largest stockholder, Ozarker Couch succeeds C. E. Johnston, now president of the Western Association of Railway Executives.

> Ford Motor Co. has long had only three directors, Father Henry Ford (see p. 50), Son Edsel Ford, Vice President P. E. Martin. Last week it announced the election of a fourth: Grandson Henry Ford II, guitar-playing son of President Edsel Ford who is to be graduated next year from Yale.

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