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Today. Bill Lear is founder, president and principal owner (51%) of Lear Avia, Inc., which makes radios, instruments and control accessories for airplanes. Best known is his Learmatic Navigator, a combined automatic radio direction finder and directional gyro, for which he got the Frank Hawks Memorial Award last December. Better seller is a cheaper, non-automatic direction finder for use in private planes. In 1939, Lear Avia lost $15,000 on a $222,000 volume. Said Lear then: "I'd give my life for $55,000." Just out of a Miami hospital (result of a crackup...

Author: /time Magazine | Title: AVIATION: Brash Young Man | 3/3/1941 | See Source »

...stayed on the job until 1930, saw his building completed. As his succes sor the Y. M. C. A. chose "the luckiest man in the War." Lieut. Waldo Huntley Heinrichs. A onetime Y. M. C. A. man in Honolulu and in India, Lieut. Heinrichs went from theological seminary into avia tion. He saw Lieut. Quentin Roosevelt shot down in France, had three escapes from death in mid-air himself. In the Battle of St. Mihiel he fell 3,000 ft., got off with ten wounds. He won a Croix de Guerre with palm, bars and citations. "Luckiest Man" Heinrichs, dapper...

Author: /time Magazine | Title: Religion: On Julian's Way | 5/1/1933 | See Source »

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