Word: delray
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Dates: during 1950-1959
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Good Year Ahead. Last week, vacationing at his small, four-room, co-op apartment at Delray Beach, Fla., Smith said he will now relinquish most of his everyday managing duties, concentrate more on long-range planning and policymaking. Cheered by the stock market's quick snapback and high volume of trading last week (see State of Business), the top man in Wall Street's top brokerage house saw a good year ahead for M.L.P.F. & S. Said he: "Company after company is going to need more money to expand, and they will have to come to Wall Street...
...future. And he has just begun. Besides his plans for Boca Raton, he has ideas for a $20 million shopping center south of Miami at Kendall. In January he bought Miami's Metropolitan Bank, and this week he signed a long-term lease on another big property near Delray Beach, where he plans to put up a $1,500,000 hotel. He is also busy developing the island of Eleuthera, 75 miles east of Nassau in the Bahamas. There, Davis, who has five other homes on the mainland, has already built himself a palatial hideaway...
...Jersey's most eligible bachelor, Democratic Governor Robert Meyner, 46, was vacationing in Delray Beach, Fla. as a house guest of retired Major General Edward C. Rose, former head of New Jersey's department of defense. No nightclubber, Meyner preferred fresh air and sunshine, avoided the wiles of scheming husband-huntresses by bypassing their lairs, spent much time on tennis courts with a purposeful eye on the ball...
...infantry captain in World War I, began his postwar career as a $15-a-week salesman, rose in eight years to assistant manager of all Montgomery Ward plants. At 33, he joined the $150 million Johns-Manville Corp., two years later became its president; of a heart attack; in Delray Beach...
...team, which left for Miami by air last night, has already defeated Cornell, last year's National Intercollegiate Champions. But Miami has been drilling regularly outdoors at Delray Beach and Coral Gables, while the Crimson has had to confine its activities to indoor work in New York and the Cage here...