Word: guth
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Dates: during 1930-1939
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...jawed Charles G. Guth became a vice president of Loft, Inc. in 1929, immediately began gunning for control of the $13,000,000 candy-&-restaurant chain. At the 1930 stockholders' meeting, a police cordon was needed to keep the scrap verbal. That year Charles Guth collected enough proxies to make himself president. In 1935, embattled President Guth resigned. Instead of ending, the Guth-Loft squabble thereupon entered a new and noisier phase...
Shortly after he joined Loft, Mr. Guth bought control of Pepsi-Cola Co., manufacturers of a dark, sweet soft drink which was then just another of the 1,000-odd aspirants to Coca-Cola's crown. By energetic promotion, including putting Pepsi-Cola instead of Coca-Cola in the fountains of Loft's 200 stores, Pepsi-Cola was fizzed up to the point where it became a respectable competitor of Coca-Cola...
Contending that ex-President Guth had used Loft assets, facilities, personnel and credit to build up Pepsi-Cola, Loft brought suit for the 237,500 shares (91%) of Pepsi-Cola stock held by Mr. Guth and his family holding company, Grace Co. When Delaware's Court of Chancery last year agreed with Loft, Pepsi-Cola was selling at $70 a share (it is now $130). Pepsi-Cola profits were $2,700,000 in the first nine months of 1938; Loft lost $867,000 in the same period...
Only buildings to escape the scorn of Guth were the Emmanuel Philipp School by Eschweiler & Eschweiler, a hospital from the drawing boards of E. Brielmaier & Sons, a chapel and a Catholic convent by Peter Brust...
...hands, 100 architects, art students and earnest souls tittuped round the Milwaukee Art Institute last week looking at photographs, blueprints and elevations of what a commission of three Chicago architects considered Milwaukee's greatest architectural monuments. Shepherding the Pilgrims round the gallery was a Milwaukee architect, Alexander Carl Guth, who was expected to say a few words of appreciation. Alexander C. Guth. secretary of the Wisconsin chapter of the American Institute of Architects, recent ardent convert to modernism, said a few words to set Milwaukee conservatives' hair acurl. Excerpts...