Sewell Avery retains control of Montgomery Ward Company, defeating efforts of Louis Wolfson, to unseat him as Board Chairman
Chicago Illinois USA Date:1955, April 22 Duration:55 sec Sound:NO SOUND
A 1955 cadillac sedan drives past the MEDINAH Shriner Temple at 600 N Wabash Avenue, Chicago. View of the Shriner Temple building, with a taxi (limousine) parked in front and several Montomery Ward stockholders gathered under the marquee. Scene shifts to lobby of the building, where they are entering. Financier, Louis E. Wolfson, who seeks to take over the company, walks along the sidewalk with associates towards the building entrance. Sewell Lee Avery steps from a car and walks toward the building. Closeup of Mr. Avery. Company board members and executives seated on a stage inside the building, surrounded by audience of Montgomery Ward stockholders. Avery addressing the gathering. Ballots being passed to stockholders, who mark them and deposit them in ballot boxes. Sewell Avery standing with arms raised in a victory motion, having retained his position as Chairman of the Board.
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