Word: prestons
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Corinne Griffith, melting beauty ("The Orchid of the Screen") of silent movies, was ready for a new career as an authoress this week. Her literary work: a ten-year history of the Washington Redskins football team (owner: husband George Preston Marshall...
...letter to SEC, Toulmin said that he quit "because of the manner in which Preston Tucker is using the funds obtained from the public through sale of stock." President Tucker, charged Toulmin, had ignored persistent requests that the $15 million "be spent and administered under . . . controls normal to legitimate business." To newsmen, Toulmin described Tucker as "a tall, dark, delightful, but inexperienced boy." He added that the Tucker 48 does not actually run, it just goes "chug-chug." Furthermore, "I don't know if it can back up." To all this Tucker snapped: "Absurd. I am surprised...
Union Shoppers. Preston Tucker, designer of the rear-engined Tucker auto, announced that he had, cleared $15,007,000 on the sale of Tucker Corp. stock, now had enough cash to keep his lease on the surplus Chicago Dodge plant (TIME, July 7). Among the major investors was the U.A.W.-C.I.O., which plunked...
Bill Middendorf came through as expected in the compromise race by easily beating Bruce Preston in the time of 3:40. New Freshman Art Nilsson-nipped Herman Page in the wherry finals, being clocked...
Rear-Engined Ballyhoo. On the first day of its New York showing, Preston Tucker's rear-engined, carburetor-less (fuel injection) Tucker '48, once called the Torpedo, drew some 15,000 paying spectators (40? for adults, 25? for children) to Manhattan's Museum of Science and Industry. After two weeks on the market, Tucker's $20,000,000 stock issue was about 80% subscribed. Designer Tucker, en route to Italy to negotiate a manufacturing tie-in with Isotta-Fraschini, said production would not get under way until January at the earliest. Nevertheless, fascinated by such features...