Word: atco
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...Trust Co., they helped elect three new directors (one of them bristle-maned ex-Champ Gene Tunney), asked a few questions, went their ways. Question none of them thought to ask was one that has been kicked around in the flying business like a sandlot soccer ball : what is ATCO going to do about simplifying its corporate structure...
...holding company that remained a holding company was ATCO. At that time it was called Cord Corp. and its head, hardboiled, dynamic Errett Lobban Cord, was fast becoming the least regimented syndicateer in the flying game. But in 1937 Motorman Cord sold out his Cord Corp. holdings. About a quarter of them went to his broad-shouldered, boom-voiced No. 1 man, Lucius Bass Manning, already a large stockholder. The rest went to a syndicate headed by British Bankers J. Henry Schroder & Co., and to young, up-&-coming Public Utilitarian Victor Emanuel's investment house, Emanuel & Co. (in which...