Word: partnerized
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...London syndicate of which he was the agent profited him $150,000, started him out as a capitalist. A junior partnership in the London firm of Bewick, Moreing & Co., mine managers and promoters, gave him about $50,000 per year. In 1902 the dishonesty of another junior partner cost him about $165,000, wiped out his reserves, set him back two years. As a senior Bewick, Moreing partner he made $125,000 per year, not counting directors' fees and bonuses. By 1908 when he left Bewick, Moreing to work for himself, he was worth $500,000 or more...
...working partners is the young son of Premier Frantisek Udrzal of Czechoslovakia who dropped his Government work at Prague, rushed 170 miles to Zlin. When Premier Udrzal arrived the House of Bat'a was profoundly calm. Cash in bank totaled $2,500,000. Since the public held no Bat'a stock it could not crash. Quietly the Bat'a Board elected Jan Bat'a to be the new First Working Partner...
After Thomas Bat'a's body had been embalmed the first thought of Jan Bat'a was to retrench. The Bat'a newspaper announced that the company had passed its dividend, that for the first time working partners will fail to receive their 10% return on the stock they hold. Under the Bat'a profit sharing system, half of each worker's profits has been automatically invested for him in Bat'a stock, thus making him a working partner...
...Board members said, "Some time ago our First Working Partner remarked to me, 'If I should die I expect you to stand by the works for one year. Then, if you are unable to continue without me, you are free to do what you like...
World's Work lived to be 32, a fairly ripe age for a magazine. It was founded by the late Walter Hines Page, then a partner in the publishing firm of Doubleday Page, who edited it from 1900 until 1913 when he was appointed Ambassador to the Court of St. James. He was succeeded by his son Arthur Wilson Page, now vice president of American Telephone & Telegraph Co., and successively by Carl Chandlee Dickey, Barton Wood Currie (previously editor of Ladies' Home Journal), Russell Doubleday, Alan C. Collins...