Word: partnerized
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Banker John Pierpont Morgan was in Paris, on his way to a boating trip in the Mediterranean with his good friend the Archbishop of Canterbury. A Morgan Partner who had been in Madrid hurried to the meeting; so did Gates W. McGarrah, president of the Bank for International Settlements. King Alfonso went to Paris too, officially to break his journey to Madrid. Three days later came the announcement: an international credit of $60,000,000 for the Spanish Government had been established. J. P. Morgan & Co. and associates (Chase National Bank; Bankers Trust Co.; National City Bank; Guaranty Trust...
...century it had marched into the foremost rank of private banks. Yet during the last few years sorry things have happened to Kidder, Peabody & Co. In August 1929, William Endicott, who had entered the firm after emerging from Harvard in 1887, resigned. On Jan. 2. 1930, the senior partner, Frank G. Webster, died suddenly at the age of 89. Five days later the mainspring of the firm, Robert Winsor. died. Within a year Wall Street was whispering black news about Kidder, Peabody...
...Partner Hovey's nephew, Edwin Sibley Webster Jr., 31, was also made a partner. This young man began his career slowly. After graduating from Harvard in 1923 and from Harvard Business School in 1925, he went to work for his father in Stone & Webster, Inc., first on a construction job in Puget Sound, then on a Florida bus line, then with a power company in Virginia. From those occupations he went to Boston to be a messenger boy in the Stone & Webster Building for a while, then entered the legal department of the firm. He was a vice president when...
...business-school classmate of young Partner Webster was lank Albert H. Gordon. After graduation he went to work for Goldman, Sachs & Co. He was named last week as the third partner of reorganized, revitalized Kidder, Peabody...
...National Indoor Tennis Championship is sometimes played in Manhattan during the first two weeks in February. This year it was postponed to accommodate the invading French leader. Jean Borotra, who last week won first the doubles championship with his young left-handed partner. Christian Boussus, and next day the singles championship, beating Berkeley Bell, 6-1, 3-6, 6-4, 3-6, 6-4 in the final...