Word: foundered
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Dates: during 1950-1959
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Learn to Control. The school grew out of the personal struggles of its 78-year-old founder-director, Emma Tunnicliff, who was born with a bone ailment that made it impossible for her to walk. An operation eventually cured her, but in her first joy at being able to run around like other children, she tripped over a fence and suffered an emotional trauma that prevented her speaking. Only after years of instruction from her mother did she learn to talk again and finish her education. By that time, she was determined to devote her life to other unfortunates...
...Christy) Firestone, 48, was elected president of the Firestone Tire & Rubber Co., the world's second largest rubber firm (just behind Goodyear), succeeding Lee R. Jackson. 65, who moves into a newly created position as vice chairman of the board. Ray Firestone, fourth son of Company Founder Harvey S. Firestone (brother Harvey Jr. is Firestone's board chairman and chief executive officer), started with Firestone as a gas-station attendant in California after graduating from Princeton...
...chairman of Loew's Inc., largest U.S. movie producer (Metro-Goldwyn-Mayer) and one of the largest theater chains, but will remain as president of Loew's International, the corporation's foreign subsidiary. By quitting before the annual stockholders' meeting Feb. 28, Loew, son of Founder Marcus Loew, hoped to head off a long-brewing proxy fight (TIME, Nov. 12) with a dissident group of stockholders led by Canadian Contractor Joseph Tomlinson, Loew's largest individual stockholder (250,000 shares). To appease the Tomlinson faction, the present management, headed by President Joseph R. Vogel, agreed...
Died. Stewart McDonald, 78, founder and president (1907-28) of the old Moon Motor Car Co., Federal Housing Administrator from 1935 to 1940; of pneumonia; in Manhattan...
...Godkin Lecture fund was established in 1903 in memory of Edwin L. Godkin, founder of "The Nation" and editor of the New York Evening Post, to provide yearly lectures on "The Essentials of Free Government and the Duties of the Citizen." Recent Godkin lecturers have included Adlai E. Stevenson, John J. McCloy, former U.S. High Commissioner in Germany, Senators Paul Douglas of Illinois and Ralph Flanders of Vermont; Harold E. Stassen, and last year, Chester W. Bowles, former U.S. Ambassador to India...