Word: years
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Dates: during 1950-1950
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There would be little new in the job for 47-year-old Olive Anne. As secretary-treasurer (salary: $35,610), she had managed the company's finances from the start. She also found time to have a family (Suzanne, 13, and Mary Lynn, 10) and to manage Wichita's wartime canteen. When her husband was hospitalized for a year in 1940, she added many of his chores to her own. She got the first Emergency Plant Facilities contract ($2,500,000) from the Government for wartime plant expansion in the airplane industry. In 1943, the New York Times...
...that the company went into the red, Olive Anne mapped out the cost-trimming program that got it back in the black. Last week, with a backlog of more than $50 million and major subcontracts from Boeing, Consolidated and Lockheed, it looked as though Olive Anne's first year at the controls might well be a record-breaking one for Beech Aircraft...
Died. Peter Fraser, 66, Prime Minister of New Zealand from 1940 to 1949, one of the leaders in taking New Zealand to socialism over the past 15 years; of a heart attack; in Wellington, New Zealand. Born a cobbler's son in Scotland, Fraser went to New Zealand at 26, rose from labor unionizing to Parliament to the cabinet. Dourly witty Teetotaler Fraser was admired even by his political enemies for bossing relief during the 1918 influenza plague, once selling his own furniture to aid the needy during the Depression, working for the welfare of New Zealand...
This novel stockholders' meeting was the latest idea of Hawaiian Pineapple's President Henry Arthur White, who for the past four years has had his star employees explain the workings of Hawaiian Pineapple to their fellow workers (in Chinese, Japanese and English). This year he began flying his employees around the islands to see the different operations firsthand (TIME, April 24). The results were so successful that he decided to bring the employees to the mainland to tell the stockholders what they had learned...
...stockholders, who were served ice-cold pineapple juice during the meeting, seemed delighted. They were even more pleased by the profit charts on display. In the latest fiscal year, Hawaiian Pineapple netted a tidy $5,400,000, almost $1,000,000 more than the year before. Although the union, dominated by Communist Harry Bridges, denounced the employee explanation plan as a "company union" scheme, the employees like it. Not since 1947 has Hawaiian Pineapple been struck by Harry Bridges' union. Said Miyazaki in San Francisco last week: "It's a good company to work...