Word: foundered
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Dates: during 1960-1960
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...Belmont, the guild's founder, began her career on the other side of the footlights. Born Eleanor Robson, the daughter of an English stock-company actress, she followed her mother to the U.S., got a job in stock in San Francisco, soon found herself touring with Lionel Barrymore, who undertook to educate her by reading aloud from Kipling's Jungle Books. Her first success, the title role in Israel Zangwill's Merely Mary Ann, so moved critics during the play's three-year run that they "always seemed to write about new-mown hay when they...
...founder and chairman of Maidenform Inc., the chief U.S. brassiere manufacturer and the originator of the modern bra. "Nature has made woman with a bosom," says Mrs. Rosenthal, "so nature thought it was important. Who am I to argue with nature...
...Berkeley, the Buckingham Palace of Clark Kerr's empire, across the bay from San Francisco. Few campuses boast an odder beginning. Berkeley's impecunious parent was a Congregationalist academy launched in 1853 by a Yale clergyman from Massachusetts. The campus was a fandango dance hall, but Founder Henry Durant in a letter home glowed over the "beauty and salubrity" of the place. He hoped to educate gold miners, and believed in looking on the bright side...
Creating an Illusion. For Mead Johnson & Co., founded in 1900, Metrecal is a new trick coaxed out of an old product. The man who turned the trick: President Daniel Mead Johnson, 46, grandson of Founder Edward Mead Johnson. D. Mead joined the company in 1936 as a New York salesman, in 1949 became vice president of sales and, in effect, chief executive. Concerned that the company was almost exclusively identified with baby needs, he set up a research department (1960 budget: $3,500,000) to develop a diverse line of Mead Johnson products...
Died. William Francis O'Neil, 75, rugged, restless founder in 1915 and president until last April of the diversified industrial giant, The General Tire & Rubber Co.; of a heart ailment; in Akron, Ohio. A onetime worker in his father's Akron department store and later a Kansas City Firestone dealer, "W.O." O'Neil boosted General into the rubber industry's "Big Five" before branching in the 19405 into radio (as a sounding board to blast the United Rubber Workers) and rocketry (after a son was lost when a World War II rescue plane was unable...