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Standard's Leo Crowley said that his senior security holders would become equity owners of everything except Standard's rich Duquesne Light (in Pittsburgh, which nets $10,000,000 a year); and that Standard, debt-free, would be pared down to Duquesne. This plan, said Crowley, affords"full value for the note and debenture holders and substantial intrinsic value for the holders of prior preference and preferred stocks." This meant there was no value for Standard common. Said Crowley: "Some people may think I'm foolishly liquidating myself...

Author: /time Magazine | Title: UTILITIES: Holding Companies: Last Mile | 4/14/1941 | See Source »

...Coach Layden's departure with alarm-he is the fourth esteemed college coach to go over to the pros within a year-football fans speculated on his successor. Traditionally, Notre Dame's coach must be an alumnus. That specification applied to 40-odd possible candidates, notably, Jim Crowley (Fordham), Harry Stuhldreher (Wisconsin), Jim Phelan (Washington), Buck Shaw (Santa Clara), Eddie Anderson (Iowa), Frank Thomas (Alabama), Clipper Smith (Villanova), Gus Dorais (Detroit), Frank Leahy (Boston College), Charlie Bachman (Michigan State). At South Bend people thought that the University would probably ignore these top-notchers, promote Line Coach Joe Boland...

Author: /time Magazine | Title: Sport: The Fullback of Notre Dame | 2/17/1941 | See Source »

...Krieger was hurt at Yale. In that game he starred defensively and showed so much stuff that he was permanently promoted. Gerber, last year's freshman captain, holds the edge over Johnny Kelley, injured veteran of last year, who has not returned to form, on the other wing. Joe Crowley has been so disappointing as a regular starter that he will probably be demoted until he shows more ability...

Author: NO WRITER ATTRIBUTED | Title: Wolfe, Young, O'Brien to Lead Big Green in Stadium Clash | 10/25/1940 | See Source »

...Crowley, La., inundated by recent floods, two boys were born on the same day. One was named High Water Broussard, the other Submarine Johnson...

Author: /time Magazine | Title: Miscellany, Sep. 2, 1940 | 9/2/1940 | See Source »

National Committee. So, with all the enthusiasm of a boy chopping wood, the President perforce looked around for a politician, preferably Catholic, who could & would do his Third Term scrubwork. Nobody wanted the job. Leo T. Crowley, Catholic, and able chairman of Federal Deposit Insurance Corp., was determined to leave Washington to head Standard Gas & Electric Co. Catholic Frank Walker, who was the Party treasurer in 1932, pleaded the pressure of his theatre business and law practice...

Author: /time Magazine | Title: DEMOCRATS: Necessary Chore | 8/12/1940 | See Source »

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