Word: curtisses
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Dates: during 1940-1949
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LETTERS OF MARCEL PROUST (462 pp.)-Translated and edited by Mina Curtiss-Random House...
Stockholders, who thought the rainy day had arrived, last spring clamored that the money should be spent for dividends. Curtiss-Wright paid out $17,000,000 but the stockholders were not quieted. Still faced with rebellion, Vaughan upped himself to board chairman two months ago, raised Wright Aeronautical Vice President William C. Jordan to president and asked Investment Banker Paul V. Shields to help him put some new life into the company. Last week the new life came in-and Curtiss-Wright got one of the biggest shakings-up of its 30-year career...
...Deal. Out went Air-Frame Builder Burdette S. Wright and Engine Builder William D. Kennedy, both Curtiss-Wright vice presidents of long standing. In came a high-powered slate of directors. Among them...
...Dealer. Banker Shields, who had brought in the new board, was neither an aircraft maker nor, until recently, a stockholder of Curtiss-Wright. But he had other qualifications; as senior partner of Manhattan's Shields & Co., he had helped float some of the biggest U.S. industrial issues and had played a hand in some other big reorganizations, such as the New York Stock Exchange in 1938. Now, as chairman of Curtiss-Wright's executive committee, Shields's next job will be to help President Jordan lure new aircraft designers and production men to Curtiss-Wright to step...
...Curtiss-Wright's new projects off to a flying start, Chairman Vaughan last fortnight hustled to England, reportedly to dicker for the U.S. rights on the De Havilland Aircraft Co. Ltd.'s gas turbine engine...