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...Kaiser-Frazer Case, in which Cyrus Eaton's Otis & Co. backed out of a stock-floating deal with K-F. K-F lost a $3,123,743 suit against Otis because it misrepresented its earnings in its registration statement of the stock issue. The SEC showed bias against Otis and in favor of K-F, said the committee, and still has a fraud charge pending against Otis. "But, at the same time," said the committee, "[it] has not moved against Kaiser-Frazer . . . although the charges and countercharges arose out of the same transaction." The Heller subcommittee called...

Author: /time Magazine | Title: GOVERNMENT: More SEC Scandals | 12/15/1952 | See Source »

Haliday and Cyrus Harvey, Jr., a Boston business man, bought the theatre from its stockholders and plan to remodel it during December...

Author: NO WRITER ATTRIBUTED | Title: Brattle Will Show Foreign Movies; Haliday Gets Anonymous Phone Call | 11/13/1952 | See Source »

Clean Break. The Enquirer employees' committee, with the financial backing of Cleveland Financier Cyrus Eaton, had beaten out the Taft-owned Cincinnati Times-Star, which had expected to buy the Enquirer unopposed (TIME, Jan. 14 et seq.). Last week, in a complicated deal, Washington's district court approved the sale to Eaton, through his Portsmouth Steel Corp., for $7,600,000. Eaton turned the paper over to a new corporation, Cincinnati Enquirer, Inc., set up by the employees. Portsmouth Steel will hold two notes for $6,350,000 and $1,250,000 until they are paid...

Author: /time Magazine | Title: The Press: It's Ours! | 6/16/1952 | See Source »

...Entry. Last week, just as the court was to hand the paper over to the Times-Star, a new figure entered the scene. Cleveland Financier & Industrialist Cyrus Eaton, a big contributor to the Democrats in Ohio and an old enemy of Senator Bob Taft's, announced that his Portsmouth Steel Corp. would back the employees. Eaton sent the trustees a check for $1,250,000 as a deposit, was ready to sign a contract to pay the remainder. If the paper is sold to Portsmouth Steel, it will immediately sell it to the employees, collect when the bond & stock...

Author: /time Magazine | Title: The Press: Battle for the Enquirer | 6/9/1952 | See Source »

...Kenneth P. Berg, had passed his oral examination for his Ph. D. in religion. His examiners, who learnedly discussed his thesis on Calvinism : Dr. M. Willard Lampe (Presbyterian), the School of Religion's director, Dr. Marcus Bach (Evangelical and Reformed), Father Robert Welch (Catholic), the Rev. Cyrus Pangborn (Congregationalist). Rabbi Frederick Bargebuhr, plus two members of the university's history department...

Author: /time Magazine | Title: Religion: The Iowa Plan | 6/2/1952 | See Source »

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