Word: co
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Dates: during 1950-1959
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Irving J. Levine, tight-lipped president of K & L Beverage Co., told how he and Beck sweet-talked St. Louis' Anheuser-Busch into giving Levine's company the sole distributorship of Budweiser in Seattle, and later in other areas of Beck's domain of Washington and Alaska. Then, said Levine, Dave Beck Jr. and a partner each put up $24,500 for a total of 49% interest in K & L, and Dave Jr. became vice president of the company. Two years later, Mrs. Dave Beck Sr. paid Levine $40,000 for a 40% interest...
Donol Hedlund, a respected and influential Seattle mortgage banker, flushed deeply, swallowed hard, spun the saddest yarn of all. With Joseph McEvoy, the nephew of Beck's wife, and one other associate, Hedlund established the National Mortgage Co., thanks partly to the $35,000 contribution from Uncle Dave to McEvoy. Then Hedlund, Beck and Teamster Lawyer Simon Wampold organized an outfit called the Investment Co., which drew brokerage commissions on Teamster money invested by Beck. Through the mortgage company, Beck put a tidy $9,000,000 in Teamster funds into mortgages, and through this company, Beck's family...
...longtime friend of Beck. After Leheney's death, Beck first collected nearly $80,000 in assessments and contributions from union members to form the Ray Leheney Memorial Fund for the benefit of Mrs. Leheney. Then, as the trustee of the Teamster funds, he "loaned" the National Mortgage Co. $71,407, with which he and Hedlund bought contracts at a discount. After some $10,000 in payments had been made on the principal, they "sold" the contracts to Dave Beck, now acting as trustee of the Ray Leheney Memorial Fund, for $71,607; scored an easy profit of more than...
Fons made no error. He was whipping along at more than 90 m.p.h. when a tire blew. The Ferrari flattened a milestone, caromed off a telephone pole and somersaulted into the thick crowd that lined the curb. Alfonso de Portago could do nothing to save himself, or his co-driver, who was cut in half, or the 15 spectators (including four children) who were killed with him in the deadly Mille Miglia...
Dehydrated foods, never much admired, may be headed for kitchen fame. This week Dr. A. Copson of Raytheon Manufacturing Co. showed dried shrimp, lobster tails, strawberries, etc. that actually taste fresher than many fresh ones...