Word: huttons
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Dates: during 1930-1939
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Peter Gething, 45, who says he was once a reporter on the London Times and a major in the British Army, is the impecunious owner-editor of a struggling, two-year-old, weekly Charleston, S. C. newspaper called the Record. Edward F. Hutton is a rich, imperiously handsome Manhattan sportsman, investment banker and board chairman of General Foods Corp. who likes to shoot ducks on his Combahee River plantation near Charleston...
Curtis Bean Doll, son-in-law of Presi-dent-elect Roosevelt, resigned his partnership in the New York Stock Exchange firm of Goodbody & Co., announced he would become an independent broker with an office at E. F. Hutton...
Banging and hissing into the Combahee River, S. C. duck preserves of Broker Edward F, Hutton, Manhattan socialite, soared many a skyrocket, roman candle & firecracker, set off by angry hunters. They charged he had caused or permitted ducks to be scared from other preserves so that his own might be well-filled. Warned the Charleston Record in an editorial titled "Hutton, the Czar of Combahee": "There is a limit to the amount of arrogance human beings will stand from any member of their race. Mr. Hutton may some day learn that because he has bought a piece of property...
Then two of the breaks awaited by Avco occurred in quick succession. E. F. Hutton & Co., Cord supporters, published a booklet in which President Cohu's name appeared above an Avco balance sheet showing $20,000,000 losses since 1929. Mr. Cohu, who has been president for only six months, started a $1,000,000 libel suit. Also, Avco got and published a letter from President William Green of the A. F. of L. Excerpts: "We are thoroughly convinced that Mr. Cord is hostile to union labor. ... If [he] secures control . . . it will be the purpose...
...probably Harriman, Lehman, Cohu, Sherman Fairchild, one other); five will be Cord men (Cord, Manning, Vanderlip, two others). Five will be "independent prominent men mutually agreed upon. . . ." The deal had to be ratified by the December stockholders' meeting. Meanwhile the proxy fight was off. So was the libel suit. Hutton & Co. retracted...