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Chicago Man New Manager Of Argus, Inc.

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Chicago Man
New Manager
Of Argus, Inc.

Financial Management
Expert Chosen To Run


James M. Delaney of Chicago
will be general manager of Argus,
Inc., under the change in top
managemeni puts over-all
operation of . impany in the
hands of a three-man executive

Delaney's appointment "on a
temporary basis" was disclosed late
"sterday a 'few hours after an-
mncement of the surprise resig-
ition of Robert D. Howse as
'-'sident of the corporation.

G. Stanley Porter, a Jackson
manufacturer who has served on
the Argus board of directors for
12 years, was elected to the newly
created position of board chairman.
j No reasons have been given for
rthe changes in top management,
and Howse has been unavailable
for comment.

The board announcement said
^ the office of president will be "left
vacant at this time."
"Fr.- ' ' ^iiecialist..-^._.......1.,..

! ; . -lie ne\v temporary prri'
jeral manager, has headed the firm
jpf Delaney & Wood, certified public
i accountants in Chicago, for the
'past 25 years. He is a specialist in
financial management.

Porter was graduated from the
University in 1907 with a degree
in mechanical engineering. He was
associate-d in the 1920's with the
Hayes Wheel Co. in Jackson and
has been an investment engineer
executive and part owner of s'"".--
eral Michigan industries.

He is an -organizer and
president of Industrial Metal Abra-
sives Co. of Jackson, and currently
is secretary-treasurer of the Ti r n"
Steel Co. of Detroit.

Porter and tv directors,
i Homer Hilton ai:' . - Frisinger,
' are members of the executive com-
Imittee which will operate the firm
with Delam

Hilton, v; "lent in charge
I of sales for Argus, was elevated
(to the board of directors by the
I directors in the change in manage-
; ment.

; Both Porter and Frisinger, who
| is chairman of the board of the
Lewis & Frisinger contracting
firm here, have been members of
the Argus board for 12 years.

Howse became president of Argus
in 1940, when he was only 31. At
that time and up until 1944, the
firm was known as International
Industries, Inc.

Howse will continue as a member
of the board of directors and a
trustee pf the company profit-
sharing plan.