Word: inc
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Dates: during 1960-1969
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...British Columbia at all." Bennett then explained that he started a hardware store in Kelowna, B.C., in 1930, with the moral and financial support of John Truscott Elson, the vice president of an international hardware distributing firm. He was the father of Robert Truscott Elson, an executive of Time Inc., and the grandfather of Associate Editor John Truscott Elson, who, by coincidence, was sitting in last week as editor of the special news section published every week in our Canada edition...
Proposition 16 is the product of CLEAN Inc. (California League Enlisting Action Now), a Los Angeles-based lobby founded by San Diego's conservative Republican State Assemblyman E. Richard Barnes, a retired Navy chaplain who argues that smut has brought about a U.S. "moral crisis." The organization's campaign director is William K. Shearer, a top tactician in putting across the now-voided housing initiative (Proposition 14). Says Shearer: "I always liked to think of myself as the most conservative man in San Diego County...
Unregistered Sale. Wolfson and an associate, Elkin ("Buddy") Gerbert, were charged with conspiracy in the 1960-62 sale of 690,000 shares of Continental Enterprises, Inc., a Jacksonville company that operates movie theaters. The heart of the indictment is that Wolfson and some associates unloaded the shares without registering the transaction with the SEC, as the law demands for such sales of "control" stock...
...company is now the U.S.'s eighth largest chemical manufacturer-which puts it among giants. It is also big in the food-and-drink field. Having already acquired chocolate companies in the U.S. and Holland, Grace so far this year has picked up Nalley's, Inc., a snack-food producer in Tacoma, Wash., with annual sales of about $45 million, and Marela, Ltd., a pickle firm in Britain. Before the end of 1966, Grace hopes to buy out Sea-Pak Corp. of St. Simons Island. Ga., a $25 million-a-year frozen-seafood company...
...Swell Swoop. "People," says Lakebuilder Thomas J. Perine, chairman of Indianapolis' U.S. Land, Inc., "have the same motivation to go to water as birds have to fly south in the winter." Perine, 34, is capitalizing on that motivation all across the country by building lakes, then selling off the land around them for residential resort use. The lakes are no little waterholes. The Four Sea sons project will have 288 acres of water in four lakes, with twelve miles of shoreline. Since hitting on the idea three years ago, Perine has already finished lakes of similar size outside Cleveland...