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...Pavilion, the town's poshest paradise for fat-walleted gourmets (sample price: $5 for a nibble of imported pate), is having landlord troubles. Le Pavilion's landlord: Columbia Pictures, which wants Pavillowner Henri Soule (rhymes with souffle) to cough up more rent than the piddling $16,500-a-year he now pays. The trouble began, went one version, when Columbia's President Harry Cohn drifted into Le Pavilion and was rushed to a low-rated corner table obscured by potted palms. Denying that he was ever so unkind to his landlord, Soule nonetheless allowed that...

Author: /time Magazine | Title: People, Mar. 26, 1956 | 3/26/1956 | See Source »

...Senate confirmed the appointment of Homer Ferguson, former G.O.P. Senator from Michigan and now U.S. Ambassador to the Philippines, to a $25,000-a-year position on the Court of Military Appeals, highest military appeals tribunal. Also confirmed was Robert Bowie as Assistant Secretary of State for Policy Planning. Predicted Senate opposition to Bowie collapsed when he denied that, as director of State's Policy Planning Staff, he had advocated admission of Red China to the United Nations...

Author: /time Magazine | Title: National Affairs: Work Done | 2/27/1956 | See Source »

...William McConnell and Berton Steir, who wanted to get into a new business that would be depression-proof. In 1950 they bought one automatic coffee machine and started to serve coffee in a downtown Boston office. Since then, McConnell and Steir have built a $2,000,000-a-year business, own a fleet of trucks, 300 coin-operated coffee dispensers, 30 banks of food-vending machines, and a catering service that sells coffee by the jug to more than 100 offices and industrial plants...

Author: /time Magazine | Title: THE COFFEE BREAK: New Industry Turns Problem into Profits | 2/27/1956 | See Source »

...Realities of Life." Pereira and Luckman generally charge clients either a straight fee or a percentage of cost, ranging from 4.5% (for an air base) to 8% (for a hospital). Despite the booming business. Pereira and Luckman take out much less than the $100,000-a-year Luckman got as president of Pepsodent. They plow back the bulk of the profits into the business. Though he is busier than ever, Luckman still finds time to serve on the boards of five Los Angeles civic groups. He wakes at 5 a.m. in the Bel Air mansion he bought from Hotelman Conrad...

Author: /time Magazine | Title: BUILDING: Wonder Boy Makes Good | 2/27/1956 | See Source »

...Louis Wolfson's holdings. A mining engineer, born and educated in Alabama, McFarlin managed coal mines in Tennessee, became president of Tennessee Products & Chemical Corp., which merged with Wolfson's Merritt-Chapman & Scott. His predecessor, E. W. Endter. who got the job after resigning the $50,000-a-year presidency of the California Oil Co. to help Wolfson battle for Montgomery Ward, quit Devoe & Raynolds to return to the oil business...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Feb. 27, 1956 | 2/27/1956 | See Source »

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