Re: O. Roy Chalk attempt to buy 5th Avenue Coach (345668) | |||
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Re: O. Roy Chalk attempt to buy 5th Avenue Coach |
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Posted by Andy on Sat Jun 18 13:02:01 2022, in response to O. Roy Chalk attempt to buy 5th Avenue Coach, posted by Allen45 on Fri Jun 17 19:18:45 2022. In my book From a Nickel to a Token, a paragraph in Chapter 16 is devoted to Chalk’s attempt to buy Fifth Ave. Coach early in 1962. The attempt died quickly, probably because the Harry Weinberg group that did take control of FACO and Surface Transit in February 1962 purchased FACO stock quickly enough to get a majority of votes on the Board of Directors. By March 1 the Weinberg faction provoked the strike that led to MABSTOA’s sudden creation later in March. Events were happening very quickly, and Chalk’s abortive attempt to purchase FACO was soon forgotten. |