Word: ince
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Dates: during 1940-1949
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...Reconstruction Finance Corp. lent $9,000,000 to Carthage Hydrocol, Inc., to build a $19,000,000 plant near Brownsville to make gasoline from natural gas. Behind Carthage Hydrocol are eight large companies,* which were willing to risk $10,000,000 of their own cash, and Texas-born Percival Cleveland ("Dobie") Keith, the red-faced, hurry-up man who bossed the construction of the famed atom-bomb plant at Oak Ridge...
...Texas Co., Forest Oil Corp., Niagara Share Corp., United Gas Corp., La Gloria Corp., Gulf States Oil Co., Stone & Webster, Inc., Chicago Corp...
...Thompson's Spa, Inc. (established 1882) in Boston, things seldom change. The original Washington Street restaurant has never moved from its site in a dingy brick building opposite the equally venerable Boston Globe. Many a staid Bostonian (like onetime customer Calvin Coolidge) has eaten his fish chowder and apple pie a»; che same counter for 30 years, served every day by the same waitress...
From Radios to Real Estate. During the depression Henderson & Moore got into another new thing-real estate. With $10,000 worth of World Radio stock as capital, they bought control of Beacon Participations Inc., an investment-trust, used its cash to buy property cheap. In five years they controlled $30,000,000 worth of real estate, including Cambridge's Hotel Continental, which they bought at auction. They liked this taste of the hotel business. So in 1939 they bought control of Boston's swank Copley Plaza and Sheraton, both of which were losing money. Henderson admitted that...
...later, when he got into the textile business as Washington representative for New Hampshire's big Verney Mills, Inc., his foot slipped. The U.S. Government indicted him, Verney Mills, its president, Gilbert Verney, and two other officials for a series of black-market dealings. By buying yard goods from the mills and selling them at 30#162; to 42? over ceiling prices, Monroe had cleaned up $150,000. Charges against Gilbert Verney were dismissed. The other officials were acquitted. But Monroe, convicted on 30 counts by a Manhattan jury, was sentenced last week to two years in jail, fined...