Word: jointing
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Under Studebaker, White will be run as a separate unit, just as are Fierce-Arrow and Rockne. Economies will be made by joint purchases of raw materials, by White's use of the big Studebaker sales organization. Studebaker's truck business, hitherto small, will probably be combined with White's. It is thought that the chief White executives will be retained. First among these is Ashton G. Bean who succeeded Mr. Woodruff as president two years ago. He is a forceful, hard-headed executive who has made automobile accessories, automatic telephones, phonograph motors and is still president of Bishop & Babcock...
...Marshall Emmett Sampsell, president of Middle West controlled Central Illinois Public Service, resigned at the request of the receivers. They found he had "borrowed" 4,000 shares of its $100 par preferred from the treasury, used it as collateral on a joint bank loan with Martin Insull. The company has filed claims with bonding companies for its loss. Two months ago Mr. Sampsell's wife hanged herself...
...looking white buildings, glistens upon the East River at 68th Street. It represents an amalgamation of New York Hospital (oldest in the U. S. save for Philadelphia's Pennsylvania), Bloomingdale Hospital, Lying-in Hospital, Manhattan Maternity Hospital, and Cornell Medical College. Dr. George Canby Robinson, director of the joint administrative board of the organization, hopes it will become "a modern temple of healing...
Meanwhile applications for advances on self-liquidating public projects began to pile up at the R. F. C. door. The Port of New York Authority wanted financial help to start a second vehicular tunnel under the Hudson River at a cost of $75,000,000. For joint fee of $5,000 Los Angeles hired Joseph Scott. Hoover nominator at Chicago, and William Gibbs McAdoo, Roosevelt stampeder at Chicago, to wangle a $32.000,000 loan with which to build a power transmission line from Hoover Dam. A Miami citizen sought $12,000,000 to build a highway bridge from the mainland...
...take without any investment$246,692 in profits from a joint stock-trading account with Publisher Paul Block, but Mr. Block is a rich man who needs no favors from the Mayor...