Word: cay
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Private Lives. But the Bahamas are a personal haven for the rich as well as a corporate haven for foreign companies. Clint Murchison Jr. soaks up the sun on a private island hideaway at Spanish Cay (rhymes with fee). Standard Oil Heiress Marion Carstairs and her half brother Francis Francis bought adjoining Whale Cay and Bird Cay. Longtime Alcoa Board Chairman Arthur Vining Davis built expensive Rock Sound Club, a public hotel, on Eleuthera. While he was at it, Davis put up the truly private Cotton Bay Golf Club (among the members: Laurance Rockefeller, General Nathan Twining), complete with Robert...
Coke & Beer. On central New Providence Island, nine new hotels have sprung up in the past five years. The Howard Johnson-run Nassau Beach Lodge opened in February; rushing to completion is Lyford Cay, a combination club-real estate development masterminded by international beer baron and financier Edward Plunket Taylor of Toronto. In 1955 Taylor paid $2,000,000 for 4,000 acres of underbrush 17 miles west of Nassau, making him the second biggest landowner on New Providence (after Eunice Lady Oakes and her children, heirs to the 7,000 acres of the late Sir Harry Oakes...
...resort-and-home-building project. On the northern end of Andros, Parker Pen Co. Chairman Kenneth S. Parker is developing 8,500 acres of building and truck-gardening land. Louis R. Wasey, former ad agency executive (Erwin, Wasey & Co.), sold frs stockholdings in 1956 to concentrate on his Cat Cay Club, a heaven for well-heeled fishermen. Biggest venture of all is Freeport, a man-made harbor, industry site and bunkering installation 81 miles east of Palm Beach, Fla., on Grand Bahama Island. A $12 million joint venture of top U.S. Shipowner Daniel K. Ludwig, Promoter Wallace Groves and British...
...spanking line squall worked its way along the Florida Keys and its backlash sent a wet wind whistling into the Key Largo bedroom of Captain Tom Gifford. The stocky man in the double bed rolled over and mumbled: "Southeast wind-that means the tuna are at Cat Cay." More concerned with her own comfort, Mrs. Esther Gifford got out of bed and closed the window. "Damn that man," she grumbled. "He can't stop fishing even in his sleep...
...most telling sign of Diem's increasing strength was the Communist failure to make a threatened show of force. Despite scattered terrorism (an election official in Mo Cay was murdered by Viet Minh agents), the election was carried out in orderly fashion. As their first official act, the new Assemblymen repudiated the Geneva agreement (signed by France but not by the Vietnamese), which provides for nationwide elections next June. South Viet Nam rightly argues that no free election could possibly be allowed in the more populous Communist north, and a rigged one would give the Communists a chance...