Word: dillons
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...Brooklyn last week a woman was elected President of a $5,000,000 corporation. Two other women were made her prime assistants. This seemed surprising. In a sense it was surprising, for even current civilization conceives women in business as mere factotums. Yet this woman-she is Mary E. Dillon, in her middle thirties-spent 23 years of apprenticeship with the Brooklyn Borough Gas Co., which she now heads. A girl just out of school, she went to work as office girl, errand girl, handy girl. Alert, energetic, intelligent she kept herself on the go. It was "Mary!" here...
...President and General Sales Manager of Dodge Brothers, Inc. Before him in the amphitheatre sat some 3,000 retail sellers of Dodge motor cars and Graham trucks. The quiet, alert one had bought out their company for $146,000,000 some time before (TIME, April 13). He was Clarence Dillon of Dillon, Read & Co., the Manhattan banking house...
...Banker Dillon studied the men before him, noted their eager intelligence regarding retail selling. An idea came to him and with characteristic quickness he expressed it: Let these dealers be represented on the Board of Directors of this concern. Let two of them be chosen at once. Next year let two others replace them...
...National City Bank (the greatest in the U. S., with total assets of $1,215,033,702) was in process of absorbing the Corn Exchange Bank; that the Central Union Trust Co., the National Park Bank and the Chemical National Bank might be driven into union by Clarence Dillon, of Dillon, Read & Co. (he is reported a large stockholder in the first two); and that the Irving Bank-Columbia Trust Co. and the Chatham & Phenix National Bank and Trust Co. would join...
...Blair & Co., Inc., and the Chase Securities Corporation were authors of a transaction which if executed entirely in cash, will fall only a million short of the record-setting Dodge buy by Dillon, Read & Co. They took over a block of nearly 300,000 shares (55%) of the Associated Oil Co., second in rank only to the Standard Oil Co. of California on the Pacific coast. The price agreed on was $59 cash, or $145,000,000 if all stockholders demanded cash instead of exchange securities, about $165,000,000 if exchange alone was made. Associated Oil, owned by Pacific...