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Last year, Delaware's Court of Chancery finally decided that Pepsi-Cola belonged to Loft, not to Mr. Guth. Then Phoenix' president, 43-year-old Walter S. Mack Jr., a director of Loft, became president of Pepsi-Cola Co. When he looked into the books which Mr. Guth had previously kept well hidden, he found a thriving business. For the first nine months of 1938 Pepsi-Cola had turned in a net profit of $2,700,000; its stock was selling at $70 a share (it is now $190). (For the same period Loft lost...

Author: /time Magazine | Title: INVESTMENT TRUSTS: Cola Coup | 9/4/1939 | See Source »

Tops among Hollywood writer-director teams for many a year were hairy little Frank Capra, who used to be a Mack Sennett gagman, and baldish Robert Riskin, who got into the movie business when a shirt manufacturer he was working for decided to take a flier in shorts. During the six years they worked together for Columbia, Capra & Riskin turned out a dazzling string of critical and box-office successes, Lady For a Day, Broadway Bill, It Happened One Night, Mr. Deeds Goes to Town, Lost Horizon, You Can't Take It With You. They won their share...

Author: /time Magazine | Title: Cinema: Columbia's Gems | 7/24/1939 | See Source »

Gogarty ("Gideon Ouseley") and his medico pals soon discovered what was wrong with Anatomy-"it lacked humor." They worked hard to make up the deficiency. Their workshops were fat Mr. Golly's bar, the Hay Hotel (an all-night cabbies' eating joint), Mrs. Mack's brothel. Here, on pawnshop financing, they galloped their horseplay, sang bawdy limericks, chummed with Jenny, the circus tumbler, Liverpool Kate, "the well-known and popular epileptic," Piano Mary, a neurotic socialist whose propaganda was Shakespearean readings in Mrs. Mack's brothel...

Author: /time Magazine | Title: Books: Gogarty & Pals | 6/19/1939 | See Source »

...this year as big-league timber, there are a half-dozen far more famed (though less skilful) than either Borowy or Tipton. In the Yale line-up two of the most noteworthy players are Outfielder Eddie Collins Jr., son of the Baseball Immortal who helped bring fame to Connie Mack's pre-War Athletics, and Pitcher Joe Wood Jr., son of famed "Smoky Joe"* who won 34 games for the Red Sox in 1912. At Colgate another Immortal's son, Pitcher George Sisler Jr., has proved he is a chip...

Author: /time Magazine | Title: Sport: College Baseball | 6/5/1939 | See Source »

...Fannie Brice invested it, her cool contralto and cozy curves are still cinemusically perfect. Some of the numbers old & new she ably croons and sighs: I'm Just Wild About Harry, I'm Sorry I Made You Cry, I Never Knew Heaven Could Speak (the last by Mack Gordon & Harry Revel...

Author: /time Magazine | Title: Cinema: New Picture: May 15, 1939 | 5/15/1939 | See Source »

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