Word: cray
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Though some bankers look aghast at this sort of nonprofit finance, hardheaded Eugene Cray thinks it makes good sense for New England. Said he: "It's a better way than giving them ten years or so of tax exemption, then have them move away. This way, they'll own a substantial investment in the village and have to assume responsibility...
...small (pop. 5,000) Bellows Falls, Vt., bankers mulled over an exciting proposition. As usually happens when any portentous matter confronts the upper Connecticut River Valley, the bankers had called in Eugene Cray, 61, from North Walpole (pop. 1,500) on the New Hampshire side of the river...
...Cray, a real-life cross between David Harum and Scattergood Baines, the bankers spelled out the problem. In Brattleboro, 20 miles down the river, the United Murray Heel Co. had an antiquated factory, like many another New England company, and wanted to move. But it couldn't afford a new plant. By building one, the bankers explained, they could keep the company near home. Murray, with 125 employees and a payroll of $4,500 had an annual production of 7,000,000 wooden heels for women's shoes, cut from rock maple. While the bankers doodled with interest...
Fast Runner. It was the first time Eugene Cray had built a heel factory, but in four decades of Yankee trading he had built or bought just about everything else. His hodgepodge of businesses, which gross some $3,000,000 a year, includes an oil company and 77 filling stations, four drugstores, a hotel, a theater, two bowling alleys, an auto agency, a wholesale liquor business, and a stable of money-winning harness horses. This week the new heel factory, put up in only six months, began production, turning out 30,000 pairs of heels a day. In 70 months...
...Dutton, l.e. r.e., Whiting Sibley, l.t. r.t., Chase Moses, l.g. r.g., Poland Brinkley, c. c., Keeney Amazeen, r.g. l.g., Marple Whitney, r.t. l.t., Godfrey Lifchitz, r.e. l.e., Mongan Ketchum, l.h. r.h., Boal Serino, r.h. l.h., Antonuccia Beyer, f.b. f.b., Cray Post, q.b. q.b., Wise...