Word: cyrus
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When the venture proved a success, he bought ten acres, then more, on the south side of Kansas City. With a partner, John Cyrus Taylor, now president of the J. C. Nichols Co. (Nichols is chairman), he worked at building sidewalks, sewers, etc. by day, sold lots in the evening...
Action. Eleven hours after the Gallup fire, American Airlines' Board Chairman Cyrus Rowlett Smith ordered American's 35 DC-6s grounded "until we know" the reason for the fires. Shortly after, United Air Lines' President W. A. Patterson grounded United's 34 DC-6s. President Truman's own Independence, a DC-6, came under the quarantine...
...optional for industrial security issues. Unnamed in the suit was the second largest (next to Morgan Stanley) investment banking firm in the U.S.-Halsey, Stuart & Co., of Chicago, which has long advocated such competition. The only financier to applaud the suit was another champion of the same cause, Cyrus Eaton, of Cleveland's Otis...
...Forge Shop. Harvester has come a long way since 1831, when Cyrus Hall McCormick invented his reaper in the forge shop of his Virginia farm and laid the groundwork for Harvester's greatness. Cyrus McCormick plugged his reapers with written testimonials, sold them on the installment plan ($30 down, $90 on terms). In 1847 he built a three-story brick factory in Chicago. By the time he died in 1884, the McCormick Harvesting Machine Co. was one of the largest in the field. Even after it became the International Harvester Co. 18 years later, through a merger with...
Harvester's directing head and chairman is Cyrus' grandson. Tall, 51-year-old Fowler McCormick (who is also a grandson of John D. Rockefeller Sr.) was a latecomer to business. Princeton man McCormick studied art, archeology and music and frolicked with Manhattan's nightclub set before he went to work in Harvester's experimental department in 1928. He worked up as "blockman" (the company man in dealing with distributors), branch manager, vice president in charge of manufacturing, and finally president in 1941. Shy, quiet and hardworking, McCormick had a thorough Harvester education by 1946, when...