Word: eastmans
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...Eastman Kodak Co. broke its tradition of technically trained presidents last week, switched instead to a lawyer: young (49), handsome, Nebraska-born Thomas Jean Hargrave. As vice president and general counsel, Lawyer Hargrave has been known as a shrewd, steady, retiring executive who got along equally well with obscure employes and socialite friends. Rochester guessed two reasons for his promotion: 1) Eastman's new policy of pushing younger men to the top; 2) a decision by Eastman directors that - in times when war and Government were big factors in corporate affairs - a lawyer would do better than a technical...
Aaron Copland; Music for the Theatre (Eastman-Rochester Symphony Orchestra. Howard Hanson conducting; Victor: 6 sides; $3.50). First performance of one of the best of contemporary scores: a set of sharp, finely orchestrated pieces for no particular play...
...present plant, costing $2,200,000, was the gift of the Rockefeller General Education Board, Rosenwald Fund, George Eastman, Edward S. Harkness, citizens of Nashville, alumni and faculty...
...rest of Chairman Eastman's report (a dissent from the majority view that the merger was undesirable per se) was as neat an argument for the plan as any Transport lawyer could have concocted. Some day the opinion may be looked back to as having set the pattern for unified truck systems in the U. S. ". . . The opportunities for greater economy and efficiency of operation ... are extensive and important," Eastman wrote. "I should like to see the experiment tried. . . . Under present transportation conditions, monopoly is the thing which needs least of all to be feared...
...week's end it looked as if Chairman Eastman might be granted his desire to see the experiment tried, at least in part. Kuhn, Loeb, its fingers slapped, was out of the Transport picture. But about ten of the companies (with a net worth of around $7,500,000) were considering merger through a simple interchange of stock. After reading Eastman's opinion, they (and President Seymour) had good reason to hope for ICC approval...