Word: feeders
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Fiefdom is nothing new to C. & E. I. In 1930, Thomas Fortune Ryan's estate sold its control to the Van Sweringens, who wanted it as a feeder for their rich Chesapeake & Ohio. Although C. & E. I. had paid no dividends for 17 years, the Vans caused the C. & O. to pay $8.000,000 for just over 50% of its common ($2,000,000 above the market price). Fearing ICC disapproval, they used a dummy, kept their own and C. & O.'s name out of the deal. The dummy: brokerage house Paine, Webber & Co., whose partner Kenneth Steere...
Older cultures had their feeder roots deep in the soil. This meant more than the tactile love that can tell the soil's fertility and tilth from a little dirt crumbled be tween two fingers. It meant the abiding shadowy love of the soil because of the generations who have gone into it and populate it. For culture of this kind U. S. history was too short...
Last week Jack Frye, worried about his growing waistline, announced a deal that will fatten his airline: the purchase for $350,000 of Marquette Airlines which (when Civil Aeronautics Authority approves) will give TWA a closely knit 565-mile feeder system in the heart of rich midwest traffic territory...
When weatherbeaten Carl Cover, Doug las vice president and boss test pilot, "poured the coal" to the DC-5's two 750-horsepower Pratt & Whitney Hornets, the new ship, designed primarily for operation out of short fields on feeder lines, whipped off the field like a barnstormer's pasture-hopper. In the air it showed a high speed of 248 miles an hour, a cruising speed of 203, far better than the conservative Douglas performance estimates. Pleased was Pilot Cover (who is in charge of sales) with other features of the ship; with no wing below them passengers...
Emphasizing the position of the Law School as a "feeder for the public service," Dean Landis in his annual report yesterday revealed plans under consideration by the faculty to integrate the study of Law with other branches of knowledge...