Word: dahlberg
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Dates: during 1930-1939
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...Chicago last week stockholders of Celotex Co. approved a plan which will constrict the activities of Bror Gustave Dahlberg, the company's enthusiastic founder-president. And in Chicago last week the second receivership suit of the year was filed against Celotex...
Bror Gustave Dahlberg, 48, was born in Norway, soon was taken to St. Paul. About ten years ago he conceived of celotex, made from the fibre of sugarcane, as a substitute for lumber. He organized the company whose phenomenal growth in sales has added unto it many a subsidiary. Behind the expansion was Mr. Dahlberg, shrewd in matters of manufacturing and sales. Also, he is generally credited with being the architect of its financial structure. In the past decade he is said to have made...
...reorganization plan last week included doing away with the executive committee of which Mr. Dahlberg has been head, the establishment of a finance committee and of a five-year voting trust. Mr. Dahlberg is not one of the voting trustees, although Brother Carl Frederick Dahlberg is there to represent the Dahlberg holdings...
Approval of this plan followed by one day the second receivership suit. It was brought by William H. McFetridge of Chicago who says he owns 50 shares, is also suing for other stockholders. He charges that at the time the company was formed Mr. Dahlberg & associates made $10,000,000 in selling the new company land and equipment. In addition to similar charges, he says the company is hopelessly insolvent, cannot meet its obligations...
...Dahlberg's novel records everything that the man who wrote the introduction for it hated D. H. Lawrence sees in "Bottom Dogs" savage America conquered and subdued as the expense of the instinctive, and intuitive sympathy of the human soul . . . the collapse of the flow of spontaneous warmth between a man and his fellows. No one could read this book without having the realization flash across his mind that all is not well in this nation of Prohibition and Listerine advertisements...