Monday, Jun. 18, 1951
Legman Up
As son of the late Frederic C. Dumaine, ironhanded boss of the New York, New Haven & Hartford Railroad, Frederic C. ("Buck") Dumaine Jr. referred to himself as "Dad's errand boy." Last week 48-year-old Buck Dumaine got a more impressive title. The New Haven's board of directors elected him to his late father's job as president and board chairman of the $429.6 million road.
No one knows more about his father's business than Buck Dumaine. He went to work for his father after graduating from Connecticut's Pomfret School in 1923. When Dumaine the Elder quietly took over a controlling interest in the New Haven in 1948 and then began chopping off 17 executive heads, Buck was right at his father's side. He became a director and member of the New Haven's executive committee, also sat on the boards of other companies where his father was active. Buck Dumaine intends to run the road the way his father did, with one change. Says he: "I am young enough and can smile enough to do things a little smoother."
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