. Bell telephone magazine . rving in that capacity until1948, when he was named to head the Department of Operation andEngineering and the Revenue Requirements Division. A year later,he was elected Vice President in charge of Finance and Revenue Re-quirements, and in 1950 assumed additional duties as head of the Gen-eral Service Department. He is a director of the A. T. & T. Co. and of several of the AssociatedCompanies, and is a member of the Long Lines Board. He is also a di-rector of the Citizens First National Bank & Trust Company, ofRidgewood, N. J., and the National Safety Council. He is
. Bell telephone magazine . rving in that capacity until1948, when he was named to head the Department of Operation andEngineering and the Revenue Requirements Division. A year later,he was elected Vice President in charge of Finance and Revenue Re-quirements, and in 1950 assumed additional duties as head of the Gen-eral Service Department. He is a director of the A. T. & T. Co. and of several of the AssociatedCompanies, and is a member of the Long Lines Board. He is also a di-rector of the Citizens First National Bank & Trust Company, ofRidgewood, N. J., and the National Safety Council. He is a trusteeof the Central Savings Bank, New York, and a member of the cor-poration of the Presbyterian Hospital, New York. Mr. Craig is a Fellow of the American Institute of Electrical Engi-neers. He is a member of the University and Links Clubs of NewYork. Mr. Craig in 1914 married Laura Heck of Rich Hill. They live inRidgewood, N. J., and have three children: John H., Laura E. ( Kirkwood), and Robert F. 75. GLEO F. CRAIG President, American Telephone and Telegraph Company, 1951 76 Purchase of A. T. & T. Stock Certificate No. 1,000,000 By Mr. and Mrs. Brady Denton Exemplifies DistributionOf Ownership Among People in All Walks of Life A Million Stockholders-An American Milestone Harvey IV. Roscoe When President Leroy A. Wilsonof the American Telephone and Tele-graph Company signed A. T. & certificate number One Million,on May 15, 1951, and handed it to: Mr. and Mrs. Brady Denton, newjoint stockholders, this act repre-sented the passing of a milestone inAmerican business. A corporation with a million own-< ers had appeared on the Americanscene. What brought this about? It would be less than a full ex-planation merely to point out thatthe A. T. & T. Company has longbeen the nations largest corporation,and that it has had the most stock-holders because it has needed themost capital. There is more to it than that. Our search will carry us into therise of the corp
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