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...Hertz's final act was to give 7,000 shares of Yellow Cab stock to 60 employes who had been with him since the start, and to sell them 7,000 additional shares on an easy deferred payment plan...

Author: /time Magazine | Title: Business & Finance: Hertz Retires | 1/21/1929 | See Source »

...retirement of Mr. Hertz, last week, was complete. He resigned as president and chairman of the board of Chicago Yellow Cab Co.* He sold all his holdings to Charles A. McCullough, of Parmelee Transfer Co.. who becomes chairman of Chicago Yellow Cab Co. Knowlton L. ("Snake") Ames Jr., 33, son of the famed Princeton footballer, himself a fair footballer, recently general manager of the Chicago Journal of Commerce, becomes Yellow Cab's president...

Author: /time Magazine | Title: Business & Finance: Hertz Retires | 1/21/1929 | See Source »

...never sat in an automobile. That did not prevent him from becoming an automobile salesman. He earned $15,000 in commissions the first year. Then, in 1910. he went into the taxicab business with Walden W. Shaw. The Chicago Athletic Club wanted a private cab service. Messrs. Hertz and Shaw had only two second-hand cars. They borrowed eight others, painted them brightly, paraded past the Chicago Athletic Club, won the contract...

Author: /time Magazine | Title: Business & Finance: Hertz Retires | 1/21/1929 | See Source »

...TIME, Nov. 26). Appropriately enough last week, King Mihai ignored his Parliament and played with trains-real trains. One locomotive with which he played was the first full-sized freight engine to be built entirely in Rumania. On the day after Parliament opened His Majesty was lifted into the cab of the freight monster-with Queen Marie watchfully present-and actually clutched and tugged at the throttle with sufficient force to open it and spin the giant driving wheels. Precocious and forthright, King Mihai said to the steam engineer: "At home I have a 'lectric train...

Author: /time Magazine | Title: RUMANIA: Speech from the Throne | 1/7/1929 | See Source »

...said; "I'd rather not be beautiful. It's hard to get a line on yourself if you're beautiful." One St. Patrick's Day "Nicky" Arnstein, sought throughout the U. S. for his share in a $5,000,000 bond robbery, got into a cab at his front door and drove through a police parade to headquarters where he gave himself up. Fannie Brice paid for his defense. Although she owns a monkey, occasionally paints portraits, and likes to ride, she is one of the most original, unaffected, and forceful personalities in the show business...

Author: /time Magazine | Title: Cinema: The New Pictures Dec. 31, 1928 | 12/31/1928 | See Source »

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