Word: holte
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...bought 49% of the stock of Manhattan's Henry Holt publishing house for $760,000 between 1945 and 1951, in the correct belief that the World War II baby crop and the G.I. Bill of Rights meant a big boom in textbooks. With another eye on the moppet market, he bought 4% of Lionel Corp. for $630,000. Field & Stream Magazine ($1,300,000) and the James Heddon's fishing-tackle company in Michigan ($2,400,000) were naturals for Murchison, and not merely because of his abiding interest in rod and reel. Among other things...
...operator, Murchison is not interested in managing a company, will not take on a property unless it is already doing well. He personally heads only two of his many companies (Canadian Delhi and Delhi), has not even set foot in many of their offices. (His only advice to Henry Holt was that it should publish a book on gin rummy.) He leaves all the details to a crack team of young financial brains headed by his sons John Dabney, 32, and Clint Jr., 30, along with James H. Clark, 45, a former executive in a Chicago firm of management consultants...
Among the spokes in Murchison's golden wheel today are 23 wholly-owned companies, including three chemical companies, four taxi and bus companies in Texas, and Chicago's Martha Washington candy company. He controls, in addition to American Mail Line, Delhi and Holt, Ohio's Diebold office-equipment company (60%), Chicago's Consumers construction-materials company (85%), a water company in Indianapolis and six Texas banks (including 100% control of Athens First National). Through Delhi, he has a big interest in Taylor Oil & Gas, and with Sid Richardson, he controls Kirby Petroleum in Houston. Other interests...
...Harmon S. Eberhard, 54, a brawny, balding engineer, was elected president of the Caterpillar Tractor Co. Eberhard joined Holt Manufacturing Co. (later merged into Caterpillar) at 16 as a draftsman, helped develop the Army's self-propelled guns, became Caterpillar's chief engineer. He takes over from Louis B. Neumiller, who was named board chairman upon the retirement of Harry H. Fair, prime mover in Caterpillar's formation...
...apple of McIver's parental eye is Stevie Holt, a melancholy young painter patient with one suicide attempt behind him. The curing of Stevie is also a pet project of a thirtyish war widow on McIver's staff who sees eye to eye with him on therapeutic methods. Together with the "patients' governing committee," McIver and the widow concoct a plan for Stevie to design new draperies for the sanitarium living room. Unknown to McIver, both Karen and the sanitarium's old biddy of a business manager have ordered separate sets of draperies on their...