Word: benton
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...Houston high-school auditorium, 350 depositors in Texas' U.S. Trust & Guaranty met in an angry mood last week. They were gathered to discuss ways to get back the savings they lost when Albert Benton Shoemake brought U.S. Trust down into bankruptcy (TIME, Dec. 26). In the middle of the meeting, a speaker interrupted with a surprise announcement: Insurance Man Shoemake had just shot himself. Bitterly, some of the audience broke into vengeful applause...
...victims thought Smith and the commission had been dozing for months while the company's troubles piled up. It was founded by Albert Benton Shoemake, 59, a Waco insurance promoter, who had gone broke with another insurance company in 1938. In 1945 he founded U.S. Trust & Guaranty under an old Texas law that permitted him to charter an insurance company to handle some banking too, thereby duck regular bank-examiners' inspections. His insurance charter should have been issued only after he filed articles of incorporation with the secretary of state. But U.S. Trust & Guaranty never took...
...statues from 31 Midwest museums, colleges and universities and private collectors. The Des Moines show proves that Midwestern collectors do not stick exclusively to such safe 19th century American classics as George Caleb Bingham, George Inness and Thomas Eakins, and the Midwest's Big Three, Grant Wood, Thomas Benton and John Steuart Curry. They are also willing to bet their money on modern European masters-Braque, Matisse, Henry Moore and Giacometti-and the still-debated U.S. Painters Max Weber and the late Yasuo Kuniyoshi (opposite...
...SENATOR WILLIAM BENTON, Connecticut Democrat, board chairman of Encyclopedia Britannica and Muzak Corp., in PRINTERS...
...Gale Benton Aydelott, 41, was named executive vice president of the Denver & Rio Grande Railroad (his predecessor was Alfred Perlman, who moved on 18 months ago to become president of Robert R. Young's New York Central). Son of a railroadman and educated at the University of Illinois, Aydelott highballed up through the ranks from laborer to gang foreman and track inspector, became trainmaster in 1943 and general manager last year...