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Muscle Shoals Propositions: Hearings Before the Committee on Military Affairs, House of Representatives, Sixty-Seventh Congress, Second Session. Thursday, February 9, 1922, to Monday, March 13, 1922

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Muscle Shoals Propositions: Hearings Before the Committee on Military Affairs, House of Representatives, Sixty-Seventh Congress, Second Session. Thursday, February 9, 1922, to Monday, March 13, 1922

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    Available in PDF Format | Muscle Shoals Propositions: Hearings Before the Committee on Military Affairs, House of Representatives, Sixty-Seventh Congress, Second Session. Thursday, February 9, 1922, to Monday, March 13, 1922.pdf | English
    United States. Congress. Affairs (Author)
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922. Excerpt: ... Mr. Fields. Mr. Murtin, I would like to get a little more information with retard to the two local development companies that you referred to earlier in your testimony upon this subject. I believe you said there wus a company organized at Muscle Shoals and a Birmingham company whose object it was to develop Cherokee Bluffs. Mr. Martin. Yes. sir: that is correct, Mr. Fields. Mr. Fields. And those companies were taken over by the Alabama Power Co.? Mr. Martin. Yes, Mr. Fields. Mr. Fields. By whom was the principal stock in those companies owned. Mr. Martin, before they were taken over by the Alabama Power Co.? Mr. Martin. I would have to go back to the old records, Mr. Fields. There were a number of people owning them. Shall I go into all the details? I would be glad to, so far as my recollection carries me, Mr. Fields. Mr. Fields. Was Mr. Washburn connected with those companies? Mr. Martin. He was interested in both the Muscle Shoals Co. and the Cherokee Bluffs Co. Mr. Fields. Was he a large stockholder In them? Mr. Martin. Yes: ho.was a considerable stockholder. Mr Fields It is a fact that Mr. Washburn manipulated the transaction which resulted in the Alnbama Power Co. taking over those companies, is it not? Mr Martin. Well, I would not put it just in that form. I think Mr. Washburn was one of the principals in those negotiations. The negotiations with Mr. Mitchell came up first through others than Mr. Washburn. Those negotiations ame up through a Mr. Paul Brady, who lives in the city of New York. He is the gentleman who initiated the program with Mr. Mitchell, and he was interested in the matter at the instance of some of his friends who owned some interest in the Alabama Power Co. at that time. Then Mr. Mitchell, having looked into the situation of the ...
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Read online or download a free book: Muscle Shoals Propositions: Hearings Before the Committee on Military Affairs, House of Representatives, Sixty-Seventh Congress, Second Session. Thursday, February 9, 1922, to Monday, March 13, 1922

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