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The Chairman of the Board of the Consolidated Edison Company sends a letter to David Rockefeller declining a dinner invitation.
Typed Letter signed: "Charles", 1 page, 7¼x10½. New York, New York, 1972 December 7. On letterhead of the Consolidated Edison Company of New York, Chairman of the Board and addressed to Mr. David Rockefeller, Chairman of the Board, The Chase Manhattan Bank. In full: "Dear David Thank you for your letter of December 1, 1972 inviting me to attend the dinner in honor of Willard Butcher to be held on January 8, 1973 at the Knickerbocker Club. As much as I would like to be with you for this occasion, I will be attending meetings out of the city during that time and therefore egret that I am unable to accept your kind invitation. Sincerely" Charles F. Luce (1917-2008), formerly a law clerk for Supreme Court Justice Hugo Black, was chosen by President Kennedy to head the Bonneville Power administration (1961), and appointed Under Secretary of the Interior by President Johnson. In 1967, he left government to become CEO of Consolidated Edison, holding that post until 1982. In 1974, Luce chose to skip the company's quarterly dividend rather than raise utility rates, a move which angered shareholders. He was at the center of the controversies over the 1977 Northeast power grid failure, and over the proposed Storm King power plant. David Rockefeller, Sr. (b. 1915) was CEO of Chase Manhattan Bank from 1961 to 1980. Normal mailing folds. Slightly creased. Ink note (unknown hand) at top right, Otherwise, fine condition.

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