Word: founder
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Dates: during 1950-1959
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Reserves & Rawhide. Uranium is nothing new to Kermac, whose founder and board chairman is Oklahoma's Oilman-Senator Robert S. Kerr. As far back as 1951, the company was the first oil producer to decide that uranium, instead of being competitive with oil, was a supplemental and profitable field. In 1952, with $700,000, Kermac bought New Mexico's small Navajo Uranium Co., built a mill at Shiprock, N. Mex., did so well that it has expanded operations to a total of $3.3 million. By spending $100,000 a month for more exploration, it uncovered sizable reserves near...
These strong words came this week from the respected, nonprofit American Institute of Management* after a three-month study of G.M.'s published figures. The survey was the idea of A.I.M.'s founder-president, Jackson Martindell, a hardheaded businessman himself, who has been president of Fiduciary Counsel (investment counselors) and Fiduciary Management (an investment trust), last month won control...
Died. Maurice-Edmond Sailland, 83, bald, rotund (220 Ibs.) Gallic gourmet better known by his self-styled title Prince Curnonsky, founder (1928) of France's famed Académie des Gastronomes and head of 27 gastronomical societies, prolific culinary writer (France Gastronomique, in 28 volumes); after accidentally falling from a window of his fourth-floor apartment; in Paris...
...aside enough to finance expansion and to support himself and his family in an unpretentious seven-room apartment ("We live well, but we are not country club"), gave all the rest (roughly $50,000 a year) to the Fromm Foundation. To help him select worthy recipients of his charities, Founder Fromm hired a permanent four-man reviewing staff of professional musicians* (supplemented by occasional guest experts), gave them complete autonomy to award grants to composers who might or might not be to his personal taste. Of the more than 600 young composers whose works the staff has reviewed, only...
...first nonmember of the Danforth family to head the firm in its 62 years. He joined Ralston as a salesman in 1926, by 1940 was special assistant to the production vice president, three years later himself became production vice president. Retiring President Danforth, son of the company founder, told employees that addition of new members to the board and election of new President Rowland was necessary because "we were in danger of becoming inbred...