Word: hovey
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Trouble for Managed Funds began last July when SEC suspended Managed Funds' registration, stopped the sale of its stock. At fault, said SEC, were the fund's founders and chief officers, Hilton H. Slayton and Hovey E. Slayton. Although the Slayton cousins had built Managed Funds into a fund with 22,000 stockholders and investments of $80 million, SEC found that as Managed Funds' managers, the Slay tons left much to be desired...
...market decisions. They let Stephen M. Jaquith of Manhattan's Model, Roland & Stone brokerage firm choose what stocks to trade-and also gave Jaquith Managed Funds' brokerage business. Jaquith's commissions: $1,188,155. Another Model, Roland & Stone employee, who collected $240,831: Harold W. Smith, Hovey Slayton's brother...
...pathetic humor, and he does it in perfect balance. The other actors, however, seem too rigid in their parts, as if they were not really communicating with each other; and the directing seems too light, as if it were not forcing the actors to work together. The music of Hovey and de Cornier, and a narrator, help to integrate these two sketches, but the result is an artificial and external coordination rather than an internal...
...filled with minutes of meetings and obscure scientific tracts. But when an inventor named Alexander Graham Bell took over as the society's president in 1898, he decided that it needed a full-time editor and a broader appeal. A year later he found the right man: Gilbert Hovey Grosvenor, a 23-year-old, ninth-generation New Englander. Gilbert Grosvenor married Bell's daughter, ran and built the Magazine for the next 55 years, and left his son to take over after he retired...
...first series of America's Cup trials for twelve-meter yachts ended off Newport, R.I. What racing there was clearly established the early-form supremacy of Columbia, skippered by Briggs Cunningham. John Matthews' ancient Vim performed well with good crew work, handily beating Weatherly and Chandler Hovey's Easterner, both of which were plagued by rigging breakdowns and boners attributable to inexperienced crews...