Word: faulk
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Dates: during 1940-1949
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...when Postmaster General Farley shook up the airmail contracts in 1934, Woolman saw his chance. With only two planes, 25 employes and more nerve than cash, he snagged the mail contract for the Dallas-Atlanta-Charleston, S.C. run. Meanwhile, 63-year-old ex-Newspaper Publisher Clarence Eugene Faulk, who made $500,000 when he sold his Monroe (La.) News-Star and Morning Post, was buying blocks of Delta at $5 a share. Later Delta stock went to $40 (then split 4-for-1) and Faulk went to the president's chair as finance overseer. Woolman became operating vice president...