Word: elsworth
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Dates: during 1960-1969
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...major corporations have such unusual management. Four brothers, sons of Founder William M. Davis, run Winn-Dixie as a team. James Elsworth Davis, 56, is chairman, and Artemus Darius Davis, 57, president; both maintain modest offices in the company's headquarters at Jacksonville, Fla., where they are known as Mr. J. E. and Mr. A. D. Brother Austin Davis, 52, is executive vice president in Miami, and Tine Davis, 49, has the same title in Montgomery. Each has an equal say in management and draws the same "salary" (one-half percent of pre-tax profits, less $25,000, which...