The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-12-17
new YORK sun
HAS new OWNER
William c. Reick Said to Have
Purchased Laffan Estate
Holdings in Paper.

New York, December 16.-The fol-
lowing statement WAS made at the
Offices OF the Now York Sun tonight:
The Sun tomorrow will announce
that the controlling Interest in tho
Sun Printing and Publishing Associa-
ton has boon purchased from tho es-
tate of William NJ Lamar by William
&. Reick. who VIII direct the property
In future as president and publisher.
The statement confirms the report
which became public lust night. Mr.
Relck, the now proprietor. was for sew
eral years general manager of the
Herald and lately has been gene raj
MANAGER Oh the Times. anu also presi-
uent OF the fhilauelvniu public Lguser
Company He Is turty-seven years old.
New York, December 16.-William c.
Reicls has purchased from Mrs. VIII
liam M. Lattan majority of the
stock of the New York sun, accord
ing to vol authenticated reports. The
sun, it is suiu, will in its issue OF
Sunday announce the transfer OF con-
troll to Mr.. keick. who since 1907 has
been one of the owners OF the New
York Times und the Philadelphia Pub
lie Ledger.
Ever since the death OF Mr.. Laffan,
on Sovemoer IS, 1909, speculation has
been rite as to possible changes in
the Suns ownership and It's move
ment IRON It's present offices at Mas
sau and Frankfort Streets. adjoining
the Tribune Building. Only lew
years ago reports were circulated that
the Sun had leased property VIII
liam Waldorf Aston in West Forty
sixth Street. and was to establish n
newspaper plant there. 1t Is not yet
known whether Mir. Reick Will carry
N
continue the suns headquarters on Its
old site.
The Sun was established as a penny
paper in 1888, and In 1868 passed into
the co ttrol of Charles y. Dana, whu
established 1t on its present site, hav-
Ing purchased the old Tammany Hall
anu transformed 1t into a newspaper
office. Under Mr.. Dana's eaitorsmip,
which continued until his death. on
October II, 1891, the Sun gained q
hiSn reputation for brilliancy and
ability. The paper continued after mis-
death under the editorship OF his son.
Paul Dana. and the business manage
ment OF William NJ. Lanun. until 1900,
when Mi. LaItan purchased from the
Dana estate It's interest in the sun,
ana he was In active control of tho
property until his death two years
ago.
William C. Reick has had a long
career In New York journalism He
was born in Philadelphia on Svptem-
Der 20, 1864. and sLuuIed al Harvard
and the United States Naval Academy.
!te hrst began newspaper work IN
Philadelphia. Later he worked on a
NEWSPAPER in Newark, N. j., and there
acted as suburban correspondent for
the New York Herald.
one day he hired u tug on his own
responsibility and went out to meg, a
steamer on which were several patents
VINO mad been in France TO be treated
ior rabies oy tastcur, whose mstnc Il
was then novelty. His enterprise at
tracted Mr. Benefits attention. who
LOOK MIN into the Herald once. For
a time he edited tho LONDON and PARIS
EDITIONS of that paper. and in 1883 was
MADE city editor OF the Herald in New
iorR. he afterward became president
OF the New York Herald Company and
general manager OF It's aualrs. under
Mr. bennetts direction. In 1907 he iett
the Herald and acquired an interest IN
the New York Times and the Philadel-
pnia Public Ledger. He has been as
sociated with Adolph $. Ocns and
George w. Ochs in the direction OF
these papers. and Is second vice-ptasi.
cent and general manager OF the New
York Times Company and president of
the Public Ledger Company.