AIR TRANSPORT
Airlines Report Officer Salaries, Director Stock Holdings to Cab
Washington—Following is a list of airlines officer’s salaries, bonuses and indirect compensations, expenses and stock holdings for the year ending Dec. 31, 1958, as reported to the Civil Aeronautics Board: Lake Central Airlines, Inc.—Dr. R. B. Stewart, chairman of the executive committee of the board of directors and director, $200 director and trustee fees with no stock ; J. J. O’Connell, chairman of the board and director, $2,400 salary, $1,400 director and trustee fees, $858.74 expenses, 80,954 shares of common stock in name of others which represents 97 pc of stock issue and $5,000 in principal amount of debt securities ; G. Hicks, president and director, $17,499.90 salary, no fees, $2,500 expenses and $9,900 in principal amount of debt securities.