Word: controllers
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Dates: during 1920-1929
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These provide among themselves a manifold sales organization. To them airmen last week felt certain would soon be conjoined three plane manufacturers not yet entirely under Hoyt or Keys control...
...unhampered way has Curtiss-Wright Corp. for control of the U. S. air industry, if that is the hope of Messrs. Keys & Hoyt. Redoubtable against subjugation are W. Averell Harriman & Robert Lehman's $40,000,000 Aviation Corp.,? and Frederick B. Rentschler's $25,000,000 United Aircraft & Transport Corp...
...Another famed onetime bicycle maker is Motor Tycoon John North Willys, 55, who did business at Canandaigua, N. Y., not far from Hammondsport. In 1917 he helped Mr. Curtiss expand Curtiss Motor and Plane production for war demands, by acquiring controlling stack of the Curtiss Aeroplane & Motor Co. Mr. Keys, president, now has control...
...offering of 400,000 shares of Stone & Webster, Inc., newly organized as a Delaware corporation. To present large stockholders went 175.000 additional shares. Priced at $100, the new stock im mediately sold "when, as and if" above $107. The new financing will create a 100-million-dollar corporation. Control will remain with the founders, Charles Augustus Stone and Edwin Sibley Webster...
...third oldest U. S. road, founded 1832) showed fair progress up to and through the Civil War, then passed into the hands of Jay Gould, Jim Fiske and Daniel Drew. There followed a long series of unprofitable years, during which the Erie was an "orphan" road, no one interest controlling it. In 1924 the Van Sweringens secured control, and the Erie soon began to show a profit instead of 3 loss. Erie's 1927 net income was $3,512,650; its 1928 income was $10,002,883. For the first quarter of 1929 it showed...