Word: harleys
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...case was Floyd Odium's Ogden Corp., successor to Harley Clarke's bankrupt Utilities Power & Light system, which Odium has been splitting into its component operating properties since 1935. Biggest U. P. & L. property, Indianapolis Power & Light, was sold to the public three months ago (TIME, April 15). Ogden Corp. holds the U. P. & L. leftovers. Odium wanted to do something for Ogden's common stock, of which his Atlas Corp. owns 76%. He figured he could save around $110,000 a year by substituting a 2½% bank loan for Ogden's 5% preferred. Atlas...
Married. Lieut. Henry Harley Arnold Jr., son of balding, grey-haired Chief of Air Corps Major General Arnold; and Beatrice Catherine Hickey; in Manhattan, day after the groom's graduation from West Point...
Chosen to drag the industry out of the woods was a big, burly, hardheaded, quail-hunting Valdosta judge named Harley Langdale. No. 1 U. S. turpentiner, he and his associates grossed better than $500,000 last year from 70,000 owned, 300,000 leased acres of Southern pine. As president and manager of A. T. F. A. he has: 1) borrowed $21,500,000 (1938-39) to tide member producers (over 90% of production) over the industry's rehabilitation; 2) encouraged the building of central stills; 3) produced a standard product, to be marketed in uniform turpentine cans bearing...
...most preposterous was not Howard Hopson's Associated Gas & Electric (TIME, March 4) but a smaller pyramid in which Hoppy once had a large voting interest. This was the $400,000,000 fantasy called Utilities Power & Light Corp., put together by a Chicago Christian Scientist and Shakespeare devotee, Harley Lyman Clarke. Crueler than death has been the fate of ex-tycoon Clarke: by 1938 his own lawyer officially admitted he was too poor to be sued. Unlike Hopson (who built up good operating utilities on the theory that fat cows give richest milk) Shakespearean Clarke bought and overcapitalized nearly...
...divorced at 28 after his seventh infidelity, and to whose still worshipful settlement she owed 22 years of delicious freedom. Since her illness last autumn, Fanny has found his apparition continually turning up, especially at breakfast. After crying over her grapefruit, Fanny decides this morning to consult a Harley Street specialist, Sir Stilton Byles...