Word: ince
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Dates: during 1940-1949
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...board acted on behalf of two companies. The first was Herman Lowenstein, Inc., a leather manufacturer of Gloversville, N.Y. The company asked the board to hold an election to decide which of two contesting unions might represent its workers. One of the unions was the C.I.O. Fur & Leather Workers, whose president, Ben Gold, is an avowed Communist and naturally has not signed the affidavit. That ruled out his union as far as the election was concerned...
...Paramount's Way. Hollywood's independent producers have been frightened by the box-office slump and the new British movie tax. Six months ago, Frank Capra's Liberty Films sold out to Paramount Pictures (TIME, May 26). Last week Director Leo McCarey's Rainbow Productions, Inc. made a similar deal. McCarey got $1,000,000 worth of Paramount stock for his 50% interest; another $1,000,000 worth went to his associates, among them Bing Crosby, Bob Hope and Hal Roach Jr. Paramount gets the services of McCarey and Norman Z. McLeod plus the future income...
Bell Bows Out. James Ford Bell, 68, the "Dean of American Millers," bowed out as chairman of giant General Mills, Inc. (Gold Medal Flour, Wheaties, etc.). Bell helped found the company in 1928, was its president until he became chairman in 1934, steadily built the company sales to a peak of $379,032,427 in its last fiscal year. President Harry Bullis, 57, will move up into the chairmanship, and Executive Vice President Leslie N. Perrin, 61, will become president. "The old man" will keep in touch as chairman of a newly formed "committee on finance and technological progress...
When young (34) Edward W. Carter went to work for Los Angeles' Broadway Department Store, Inc. two years ago, he intended to move cautiously; a $50,000-a-year (plus bonus) executive, he thought, ought not to seem impulsive. On his second day, he started on a leisurely tour of the company's Pasadena branch and what he saw made him jump. The floors were laid out poorly, the sales fixtures outmoded. "My God," groaned Ed Carter, "the fellows who laid out the Pasadena store are laying out the new Broadway-Crenshaw." The Crenshaw, seven miles southwest...
Donald A. Watt, director of the Experiment in International Living Inc., will discuss summer opportunities in Europe for American students in the Peabody Room of Phillips Brooke House Tuesday at 7:30 o'clock...