Word: hilmar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...afternoon sun. Rudolf Musch, a construction engineer, has spent most of his savings renovating the 1920s home since his family moved in eleven years ago. But the Musches, who pay $92 a month in rent for their 1,658-sq.-ft. space, may soon find themselves on the street. Hilmar Schneider, the owner of the house, who left the East in 1961 and lives in Kiel, wants to reclaim his home -- and perhaps sell it. He has agreed to let the Musches stay on for now but has rejected their offer to buy the place for $89,000 -- barely half...
...DIED. Hilmar Reksten, 82, once one of the largest operators of independent oil tankers in the world; of cancer; in Bergen, Norway. He parlayed a modest 1929 investment in a cargo steamer into a tanker fleet worth $600 million. His fortunes ebbed when the 1973 Arab oil embargo caused a worldwide slump and left eleven of his twelve supertankers lying idle. In 1979 he was acquitted on charges of evading income taxes on $89 million in foreign earnings. Ironically, he made this year's Guinness Book of World Records for paying a larger percentage of his annual income...
...Died. Hilmar Robert Baukhage, 87, newsman and radio commentator who announced the start of World War II in a historic on-the-scene broadcast from Berlin in 1939, then on Dec. 7, 1941, aired the first live newscast from the White House with a marathon eight-hour report on the Pearl Harbor attack; in Washington, D.C. With "Baukhage talking" as his sign-on, the broadcaster was an NBC and ABC mainstay for two decades...
...businesses are as nerve-racking as the chartering of behemoth supertankers to carry oil, and until recently few tycoons played the risks with such consummate cool as Norway's Hilmar Reksten, 77. The tanker business seems always to swing from boom times of frantic demand and soaring charter rates to busts during which expensive tankers lie idle and unwanted. Reksten, a ramrod-straight six-footer and lone-wolf operator, started out as a shipping clerk; in 1929 he bought a freighter cheap, parlayed it into a modest fleet (thanks in part to two rich wives), then seized on slumps...
...deal to pay $200 million for Manhattan-based Gimbel Brothers, one of the nation's oldest department store chains. Lloyds Bank of London plans to take over Los Angeles' First Western Bank & Trust Co. for $115 million. A battle has erupted between Norwegian Shipping Magnate Hilmar Reksten and Britain's P & O Steam Navigation Co. over Texas-based Zapata Corp., a shipping, oil and real estate conglomerate. In the midst of P & O's negotiations to buy Zapata's shipping subsidiary, Reksten weighed in two weeks ago with an offer of $200 million for control...