Word: partnerized
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Pallbearers for Ambassador Herrick were six, including besides the three Orateurs Funèbres, Owen D. Young, Chairman of the Second Dawes Committee (see International); Aristide Briand, the cello-voiced, bushy-eyebrowed Foreign Minister of France; and Mr. John Ridgely Carter, Paris Morgan Partner, representing J. Pierpont Morgan. Although suffering from a heavy cold, Mr. Morgan at the last moment disregarded the advice of physicians and sped by motor to attend the simple service held for Mr. Herrick at the Paris Pro-Cathedral. That edifice is capable of holding less than 1,000, and an appalling crush ensued...
Last week, in Paris, Morgan-Partner Thomas W. Lamont agreed with Chairman Owen D. Young of the Radio Corp. of America that it would be pleasant for all concerned if the International Telephone & Telegraph Corp. should take over Radio's newborn (TIME, April 1) subsidiary, R.C.A. Communications, Inc. So formal and so important was this friendly agreement that it at once was called an ACCORD. A price was mentioned, around $100,000,000. Vice President David Sarnoff of Radio and Nelson Dean Jay of Morgan's Paris house talked details. U. S. directors of both companies hastily met and approved...
...three years the $100,000 was gone. In its place was an engine that sometimes worked. Mr. Buick advertised in Detroit papers. He wanted a partner with capital. Among replies to the advertisement came a letter from one J. H. Whiting, Flint, Mich., banker and carriage maker. Mr. Whiting was willing to invest in the Buick automobile, provided that Mr. Buick could demonstrate the soundness of his invention by driving it from Detroit to Flint. The first Buick started out from Detroit under its own power, but was dragged back by a team of horses. It had broken down...
...organized an oil company. To finance the oil company he sold much of his automobile stock. Then title litigation wrecked the oil company? expensive litigation that consumed the remainder of the stock. With what he saved from the oil disaster. Mr. Buick went into real estate. He became partner in a company that controlled many acres. Unfortunately, they were Florida acres, and when the Florida boom collapsed the last of Mr. Buick's fortune went with...
...outstanding figures of the scholastic and professional worlds. Professor C. F. Taeusch of the Graduate School of Business Administration opened the morning meeting at 10.30 o'clock in Agassiz Houser Radcliffe College, with a critical analysis of "Ethics and Business." He was followed by A. V. Shaw, senior partner of Shaw, Loomis, and Sayles, who was informative and helpful on "The Teacher's Personal Investment Problem...