Word: altschul
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Dates: during 1930-1939
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...passengers at Philadelphia, Washington, Nashville. Aboard the 11-ton, twin-motored Douglas was W. R. Dyess, WPAdministrator for Arkansas, on the way home. Partners W. S. Hardwick and David A. Chernus, engineers, and wealthy young Frank C. Hart, head of Hartol Products Corp., were making business trips. Young Charles Altschul, nephew of New York's Governor Herbert H. Lehman, amused himself by experimenting with his new candid camera. Mrs. Samuel Horovitz of Boston, who had never flown before, was nervous at first, but soon relaxed, sat quietly talking to her mother-in-law, watching her curly-haired son play...
...month Stockholder James Watson Gerard, Wartime Ambassador to Germany, parted the secret folds sufficiently to learn that the company's listed assets of "$92,000,000 in Government and other marketable securities" had declined $28,000,000 in book value (TIME, May 8). At the same time, Frank Altschul, chairman of the Stock Exchange List Committee, made public a year-long file of correspondence between his body and Allied Chemical. Mr. Altschul, Lazard Freres partner and brother-in-law to New York's Governor Lehman, had politely and persistently asked for a complete statement of the company...
...Exchange Building. Few of his inquisitors, who last year profitably traded 14,000,000 shares of his stock, were prepared to invoke the drastic and unprecedented penalty of banishment on Allied Chemical as the meeting drew to a close. At that point a junior member whispered in Chairman Altschul's ear. He wanted Mr. Weber asked one question...
...rather than a request. . . . We earnestly seek your cordial co-operation in the interests of your own stockholders. . . ." Mr. Weber delegated the secretary of Allied to reply and at the end of two months the secretary finally said that Allied saw no reason to change its ways. Then Frank Altschul, chairman of the Listing Committee (leading partner of the well-known private banking house of Lazard Frères with which Eugene Meyer, one of Allied Chemical's big stockholders, has old family connections), personally wrote Mr. Weber informing him that the Committee was going to put the whole...
...great the approval of many business men and bankers who felt it high time that a banker should frankly come forward, confess his sins and speak freely to restore public confidence in bankers. Not only has Chase a securities affiliate but it has investment bankers on its board (Frank Altschul of Lazard Freres; Frederic W. Allen of Lee, Higginson; Clarence Dillon of Dillon, Read; Charles Hayden of Hayden, Stone, etc., etc.). And it has one of the largest bank directorates in the country: 71 members. The sins of the Chase Bank were not necessarily on Mr. Aldrich's head...