Word: firming
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Dates: during 1930-1939
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...Santiago, Chile, firm of Brusadelli & Manni, suing General Motors Acceptance Corp. for having called them bankrupt, last week had genial Lory K. Bethune, Chilean manager for General Motors, jailed for "interrogation." Mr. Bethune, of Atlanta, Ga., was held incommunicado, denied counsel. It required two heated notes from U. S. Ambassador William Smith Culbertson to get him out of jail. Subsequently Mariano Puga Vega, a lawyer for General Motors, challenged the chief attorney for Brusadelli & Manni to a duel...
...there was formed the Boston banking firm of Kidder, Peabody & Co. By the turn of the century it had marched into the foremost rank of private banks. Yet during the last few years sorry things have happened to Kidder, Peabody & Co. In August 1929, William Endicott, who had entered the firm after emerging from Harvard in 1887, resigned. On Jan. 2. 1930, the senior partner, Frank G. Webster, died suddenly at the age of 89. Five days later the mainspring of the firm, Robert Winsor. died. Within a year Wall Street was whispering black news about Kidder, Peabody...
Last week the partnership of Kidder. Peabody & Co. was dissolved. A new partnership of three members was formed to succeed it. New blood will henceforth flow through the firm, but the traditions of Boston and Harvard have not been broken and the name continues to remain the same...
Oldest of the three new partners is Chandler Hovey. In 1900 he went to work for Kidder, Peabody & Co., and in 1910 left to form his own firm. He is closely tied to the firm's tradition, for his sister married Edwin Sibley Webster, son of the late Frank G. Webster and now president of Stone & Webster, Inc. His father was the late William Alfred Hovey, editor of the Boston Transcript. His grandfather was Charles Hovey, fiery Boston abolitionist. Chandler Hovey winters at Chestnut Hill, Boston, points with pride to some large China vases bearing paintings of Napoleon by Artist...
...three-year contract. Still the family fortunes rose. They moved to a bigger house in Sewickley. They moved to Washington, D. C. They vacationed in the Cascades, in Mexico, in Egypt. The boys grew up, went to college (Harvard) and married. Now two of them are members of the firm of Farrar & Rinehart, have helped publish several of their mother's books...