Word: dennison
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Dates: during 1930-1939
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Rounding out the stern trio, to which Spuhn pays the sincere compliment of calling it "steady," come Hill Bennett and Captain Pitney. Lex Bayard moved back into the No. 5 seat after the Navy contest and is still doing business at the same stand. Charlie Dennison is at home in the first boat, having left his No. 2 of last year to carry on activity at 4. Pat Merle Smith at 3 has been having no trouble in getting back to galley-slave form after a year...
Such human characteristics have endeared President Dennison to his 2,700 employes, who also thank him for progressive management. He was among the first industrialists to try employe representation, has only one vote on a management board consisting of eight employes and himself. He has written several sound books on management, has long sponsored a system of unemployment insurance...
...though Dennison Manufacturing Co. has had no labor trouble for 40 years, its stockholders in recent years have been less contented. With an average annual net since 1929 of only $200,710, compared with $1,072,844 for the previous ten years, the company has run up arrears of $1,275,291.50 ($49.75 a share) on its preferred stock...
Since there was no prospect of paying off the arrears in cash, President Dennison last week asked his stockholders to accept new preferred and common stock instead. Simultaneously he proposed a complete reshaping of capital structure, reducing good will from $1,000,000 to $1, otherwise putting new stickum on the Dennison label...
...also corrupt: by 1911 the income of 370 houses of prostitution amounted to $17,760,000 annually. Now the brilliantly lighted "Arcade," that in 1907 housed 300 girls, is closed. In the back room of the Budweiser Saloon on Douglas Street, tough Tom Dennison bossed city politics, fought Mayor Ed Smith, won after Smith had been half-killed trying to stop a lynching...