Word: inc
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...remaining figure is that of James Henry Rand Jr., 44, chairman and president of the company. Soon after he graduated from Harvard in 1908 he went into the business of making business simpler. One of the first companies he worked for was his father's Rand Co., Inc., producer of card index systems. In 1915 he and his father disagreed. He left the company, borrowed $10,000 from Uncle George F. Rand of Marine Trust Co. in Buffalo, formed American Kardex Co., a direct competitor of Rand Co. Ten years later Father & Son Rand were reconciled. They agreed that...
This deal gave Son Rand an urge to merge further. The same year he bought Index Visible, Inc. from Yale's Professor Irving Fisher. A few months later the new Rand Kardex Co. bought Library Bureau, Inc., maker of office furniture and library supplies. In 1926 the new Rand Kardex Bureau, Inc. sold $23,000,000 worth of office equipment, gathered profits of almost...
...James H. Rand Jr. put through his biggest deal of all. A merger was arranged with Remington Typewriter Co. and into being came Remington Rand Inc. It kept growing, now makes such varied lines of business equipment as loose-leaf binders and forms, adding machines, carbon paper, safes. It has plants in 20 U. S. cities and seven abroad where it does 33⅓% of its business. Its earnings for the year ended March 31, 1931 were $1,411,000 against International Business Machines' $7,357,000 for 1930, Underwood Elliott Fisher's $4,011,000, National Cash...
Mitten Move. Chairman of the board of Philadelphia Rapid Transit Co. is oval-faced Dr. Arthur Alan Mitten. His father, Thomas Eugene Mitten, operated P. R. T. through Mitten Management, Inc. until he died by drowning in October 1929. In addition to the greater part of a $3,000,000 estate, Son Mitten was bequeathed the painful legacy of rehabilitating the company. The nature of the late Manager Mitten's operations has been questioned, and last week P. R. T. was preparing to sue for possession of his estate. Gracefully and probably shrewdly, Son Mitten turned the estate...
Cyrus Stephen Eaton, retrenching tycoon, resigned as a director and member of the executive committee of Youngstown Sheet & Tube Co., also from the Chairmanship of Continental Shares, Inc. Last week the Eaton firm of Otis & Co. retired from the N. Y. Stock Exchange...