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Word: checker (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Long and bitter has been the battle between the Checker Cab Manufacturing Corp. taxi interests and Yellow Cab Co. In back of Checker has been its founder and president, Morris Markin, Chicago Russian Jew. Behind Yellow Cab has been its founder and, until last year, president, John Daniel Hertz, Chicago Austrian Jew. Last January Mr. Hertz resigned from Yellow Cab, sold his interest to Parmelee Transportation Co. Last week the onward march of Cabman Markin continued when Checker acquired control of Parmelee...

Author: /time Magazine | Title: Business: Checkered Yellow | 9/22/1930 | See Source »

Cabman Markin began as a tailor, entered the cab trade through the investment route. He organized Checker Cab which builds taxis, advises customers, but actually has operated no cabs itself. Although Yellow Truck & Coach Manufacturing is a big competitor, Mr. Markin probably is reassured by the fact that John Jacob Raskob is Checker's largest individual stockholder...

Author: /time Magazine | Title: Business: Checkered Yellow | 9/22/1930 | See Source »

...Parmelee, Checker has long had a large investment through debentures and preferred stock. Last week it was arranged to return these holdings to Parmelee in return for sufficient common stock to give Checker control. Likewise, Parmelee will be given control of New York's Motor Cab Transportation, operating 2,050 taxis. Altogether, the fleet under Checker's control will now come to 10,000 taxis (operated by Parmelee), one-tenth of the total in the U. S., enough to insure the company of a large replacement business...

Author: /time Magazine | Title: Business: Checkered Yellow | 9/22/1930 | See Source »

...University of Virginia where he edited the student paper, he drove an ambulance in France in 1916, later joined the ist Division, A. E. F., emerged as a captain with a Croix de Guerre, six citations, and a wound from the Argonne. Later he was advertising manager of Mogul Checker Cab Co., published its house organ until the company crumbled under the strain of lowered fares. Five years ago he started Taxi Weekly against a local field of seven monthly trade papers. Only one competitor. Taxi News, survives, and it is a fortnightly. Taxi Weekly "turned the corner...

Author: /time Magazine | Title: The Press: Taxi! | 7/7/1930 | See Source »

...longer does Yellow Taxi Corp. buy its cabs from General Motors Truck Corp., which once supplied all Yellows. It buys from Checker, gradually disposing of its old General Motors cabs to independents. There are some 9,000 Checker cabs on New York streets, but Checker does not operate its own cabs. Second largest non-operating producer is Paramount, with over 2,000 cabs. A new company called Parfour Corp., organized by William May, William Day and Harry Junker, has bought from Paramount 85 sleek cream-colored cabs with chocolate trim, calling itself Fresh Air Taxi, in honor of Amos...

Author: /time Magazine | Title: Business: Cry Babies | 6/23/1930 | See Source »

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