Word: errett
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Dates: during 1930-1939
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...Errett Lobban Cord, the young man who is out to become his country's foremost transport tycoon by air, land and sea, last week added one more set-up to his system. Smith Engineering Co. of Cleveland was bought up by Cord Corp. which thereby acquired rights to manufacture Smith controllable pitch propellers. In airplanes, variable pitch propellers are like gear shifts in automobiles, allow engines to run at efficient speed under different load conditions...
...Errett Lobban Cord, who last fortnight added ships to his transportation empire (TIME, Aug. 14), last week annexed another province-taxicabs. His loyal, hardbitten Lieutenant Lucius Bass Manning quietly announced that his boss had obtained control of $4,000,000 Checker Cab Manufacturing Corp., largest U. S. company building taxis exclusively. As is almost always the case when Cord Corp. buys up a company. Mr. Cord stepped in as chairman, Lou Manning went on the executive committee...
...Shipbuilding & Dry Dock Co.-two 20,000-ton aircraft carriers at $19,000,000 each. To Bethlehem Shipbuilding Corp.-one 10,000-ton cruiser with 8-in. guns at $11,720,000; four 1,850-ton destroyers at $3,896,000 each. To New York Shipbuilding Co. of which Errett Lobban Cord last week bought control (see p. 41)-two 10,000-ton cruisers with 6-in. guns, at $11,677,000 each; four 1,850-ton destroyers at $3,775,000 each. To Electric Boat Co.-two 1,400-ton submarines, minus main propelling machinery...
...last week Errett Lobban Cord, who has grown very rich supplying transportation on land and in air, ventured out upon the sea. He announced that he had added New York Shipbuilding to the lengthening list of Cord companies, most important of which are Auburn Automobile and Aviation Corp. Next day the Navy Department dished out its New Deal contracts and Mr. Cord's shipyard got the biggest slice of all-a $38,450,000 order for two 10,000-ton cruisers and four destroyers (see p. 10). The youngish onetime automobile salesman was at his home in Beverly Hills...
...Errett Lobban Cord, automobile & aviation tycoon, was watching an airplane motor on a test block in a Los Angeles shop. The propeller snapped, sheared through a wire netting, knocked him unconscious. At a soaring meet at Elmira, N. Y., Richard Chichester du Pont, 24, son of Vice President Alexis Felix du Pont of E. I. du Pont de Nemours & Co. took his father for his first hop in a sailplane. A shift in the wind whipped the heavy glider into a ground loop, spilled it into a clump of bushes. Pilot du Pont & parent were unscratched...