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...having whipped together a quick fortune out of Moon, Auburn and Cord automobiles, Errett Lobban Cord set out to head the "largest air passenger and express unit, in the world."* He laid siege to Avco which, as a stockholder, he thought was being mismanaged. He felt it was worrying too much about its bulging portfolio of stocks, too little about its basic business of flying planes. He thought there was too much Wall Street atmosphere about the company, too little airport smell...

Author: /time Magazine | Title: Aeronautics: Cord in Control | 3/27/1933 | See Source »

...signed by: President James Henry Rand Jr. of Remington-Rand Co., Chairman John Henry Hammond of Bangor & Aroostook R. R. Co., President Robert E. Wood and Chairman Lessing Julius Rosenwald of Sears. Roebuck & Co., Vincent Bendix, Samuel S. Fels (naptha), Philip K-Wrigley (gum); Motormaker Howard Earle Coffin, Motormaker Errett Lobban Cord, President Edward Asbury O'Neil III of American Farm Bureau Federation, Master Louis John Taber of the National Grange, Organ-maker Farny R. Wurlitzer, President William Joseph Me-Aneeny of Hudson Motor Car Co., Educator William Albert Wirt...

Author: /time Magazine | Title: People, Mar. 13, 1933 | 3/13/1933 | See Source »

...seemed about to succeed Albert Henry Wiggin as head of great Chase National (see p. 27) but his big achievements lay ahead of him. Scanning the realm of business the well-informed citizen would probably conclude that the biggest and boldest strides against the economic tide were those of Errett Lobban Cord who turned from highways to skyways in his restless effort to expand. The year proved that there was no such thing as a Depression-proof industry. Yet John Hartford's Great Atlantic & Pacific food stores, by holding the line, came closest to an exception...

Author: /time Magazine | Title: National Affairs: Man of the Year, 1932 | 1/2/1933 | See Source »

Every airmail contractor in the U. S. shuddered last week as the fight for control of Aviation Corp. became more & more rowdy (TIME. Nov. 21). Whether the operators sided with the management or with Motormaker Errett Lobban Cord, 30% stockholder who was trying to unseat it, the industry was painfully aware of one fact: That the missiles hurled by each side would be picked up by opponents of airmail subsidies, carefully saved until the next Congress convenes, then flung at all air transport...

Author: /time Magazine | Title: Aeronautics: On Kill Devil Hill | 11/28/1932 | See Source »

...Hubert Beal, 37, became president of Auburn Automobile Co, as busy Errett Lobban Cord, 38, retired to the chairmanship. Mr. Beal has worked for Auburn's unit, Lycoming Manufacturing Co., since 1919. In 1931 Mr. Cord withdrew into the chairmanship for ten months. Currently he needs freedom to attend to his interest in Aviation Corp...

Author: /time Magazine | Title: Business & Finance: Personnel: Nov. 28, 1932 | 11/28/1932 | See Source »

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