Word: eaton
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Dates: during 1950-1959
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After 3^ years and more than 3,200 pages of court testimony, Henry J. Kaiser finally laid an old enemy low. He won his breach of contract suit against Otis & Co., Financier Cyrus Eaton's Cleveland underwriting firm. In 1948, Otis & Co. signed up to help float 675,000 shares of Kaiser-Frazer stock at $11.50 a share; under the contract, the underwriters could bail out if anyone should try to block the stock issue in court. At the last minute Eaton bailed out, using as an excuse a suit against K-F to prevent the stock issue...
...Manhattan last week, Federal Judge John W. Clancy agreed. In a~ blistering 37-page decision he held that Eaton, in collaboration with Otis & Co.'s President William R. Daley and Ohio's former Democratic Senator Robert J. Bulkley, had used Masterson as a "dummy plaintiff" in a "plot to establish an excuse to breach the contract." Masterson operated "on defendant's behalf and in performance of a common scheme participated in by all." Judge Clancy ordered Otis & Co. to pay K-F $2.6 million in damages, the difference between the contract price and the market value...
Split Seconds. In Halifax, Nova Scotia, Eaton's department store advertised 400-day clocks, "covered by our one-year guarantee...
Arthur N. Holcombe '06, Eaton Professor of Government, and Henry N. Smith, professor of English at the University of Minnesota, have been named the 1951 winners of the Bancroft Prizes, Dr. Grayson Kirk, vice president and acting head of Columbia University, announced yesterday. The awards carry a $2000 stipend each...
...professor who is still very interested in the faculty problems of today is Charles H. MacIlwain, Eaton Professor of the Science of Government, emeritus. He advocates group over individual tutorial and feels that all Government concentrators should receive tutorial with groups of five "ideal," MacIlwain was one of the original preceptors of group tutorial at Princeton in 1905 under Woodrow Wilson...