Word: cording
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Dates: during 1930-1939
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Seven months ago William Averell Har- riman. then board chairman of potent Aviation Corp.. was persuaded to invite Motormaker Errett Lobban Cord into the directorate of Avco. Mr. Cord had been a painful nuisance to Avco and other ''pioneer'' operators with his low-fare Century Air Lines, his rambunctious efforts in Washington to get mail contracts. Avco took over Century, gave Mr. Cord 5% of the Corporation's stock. There were expressions of esteem on both sides. But the industry, aware of Mr. Cord as a shrewd, aggressive operator, accustomed to running things...
Last week came the explosion, with a loud bang. Mr. Cord, who had increased his ownership of Avco stock to 30% was now openly clamoring for control of the company. He charged the present management with the loss of $38,000,000 in three years through "extravagance, waste, speculation, shrinkage of properties, cancellation of officers' debts.'' For whatever economies the company effected since April, he claimed full credit. He accused the "reigning clique" of transacting all important business in "secret meetings" unknown to him, the biggest single stockholder: of plotting to perpetuate its own regime for another...
...transport system covering the Atlantic seaboard below New York, joining Avco's transcontinental line at Atlanta and meeting its Boston-Montreal sector at Newark. Integrated, the network would blanket the East and South. But whatever the merits of the deal, its effect would be the reduction of the Cord share in total Avco stock from...
...pirates is punished in silly-symphonic fashion for molesting a collection of sleek mermaids with green tails. Blue fish bombard the pirate boat with caviar which they spit out of their mouths like cannon balls; flying fish, improved to resemble airplanes, take off smoothly from the flat spinal cord of a good-humored whale; octopi wave their arms like the propeller-blades of autogiros and silver swordfish saw down one mast of the pirates' boat. Finally Neptune causes a storm by stirring the water with one hand, thus sinking the pirates' boat which he uses...
...Angeles attempted to express its appreciation of Patron Clark. Important citizens, including Mayor John Clinton Porter, gathered in Pershing Square across from the Auditorium. Laudatory speeches were made. Mrs. Leafie Sloan-Orcutt, an imposing grey-haired dowager representing the Los Angeles Philharmonic Woman's Committee, pulled a silken cord, revealed a bronze Beethoven in long frockcoat, baggy trousers, hands clasped characteristically behind his back. Philharmonic musicians, who gave the statue in Patron Clark's honor, sealed their gift with a stirring performance of Beethoven's Fifth Symphony...