Word: autostrop
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Dates: during 1930-1930
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Gillette and Autostrop (razors), October...
...recreation hall. They were owners of 242,000 Gillette shares, also held enough proxies so they had 1,545,000 votes out of Gillette's total 1,982,000 shares. By the overwhelming tally of 1,399,654 to 895 they approved Gillette's expensive acquisition of AutoStrop Safety Razor Co. (TIME, Oct. 27). Gillette thus retains the supremacy which AutoStrop's patents threatened. And gratifying to Gillette stockholders was the news that the New York Stock Exchange, reported displeased by the great publicity regarding Gillette's accounting, had consented to list the new stock...
...AutoStrop Safety Razor...
...stockmarket circles, in regard to the Gillette Co. . . . Based upon the advice of our attorneys we are pleased to assure you that the patent situation ... is being developed in a usual and orderly manner and that we anticipate no delay or difficulty." By then, Gillette was $97½, AutoStrop...
Probably never answered will be the question that the situation suggests: Did shrewd Inventor Gaisman plan from the first to use the Probak blade to force Gillette to buy AutoStrop? If so, he succeeded brilliantly, with only one considera ion not obtained: The greatest name in safety razordom is still King Camp Gillette, not Henry Jaques Gaisman...