Word: inventor
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...Invented by U. S. Inventor Claud H. Foster who named it for Gabriel's trumpet. He later devised an ingenious contraption using a spring in a box to take up an automobile's road bounce. He called it a snubber, called his company Gabriel Manufacturing Co., now Gabriel Co., maker of shock absorbers and other auto accessories. Founder Foster (now retired) long paid Ohio's biggest income tax, in one year...
...Exchange bill. Solemnly Mr. Rand read the Committee an extraordinary memorandum which he had received from William Albert Wirt of Gary. Ind. Dr. Wirt, now 60, is superintendent of Gary's school system and one of the most famed schoolmen in the U. S. He is the inventor of the "platoon school," an educational plan by which classes are divided up. given alternate hours of class work. vocational training and play. Dr. Wirt has long been a supporter of the Committee for the Nation. Excerpts from his statement...
...While Stewart-Warner was slowly slipping, one of its subsidiaries, which is better known under its own name, continued to pile up profits. Alemite Corp. now makes lubricating systems for 99% of all automobiles produced. Many of Alemite's gadgets were developed by a tall, thin, long-nosed inventor named Oscar Ulysses Zerk, who once served in the Austrian army. When Alemite took over certain of Mr. Zerk's patents, it also took over Mr. Zerk. Inventor Zerk fiddled around in Stewart-Warner's laboratories for five years without much encouragement. When his contract expired...
...directors were elected, including such potent Chicago names as Eugene Van Rensselaer Thayer, American Telephone & Telegraph director, Lawyer Ralph Shaw, shrewd, hard-bitten member of Winston, Strawn & Shaw, Robert J. Dunham, close associate of the late Jonathan Ogden Armour. But because no one relished the idea of having Inventor Zerk tearing his thick black mane at directors' meetings, a temporary coalition was formed to defeat the Zerk slate with one exception. To soothe Mr. Zerk's temper, they made one of his candidates, Robert James Graham of Belleville, Ontario, boardchairman of Stewart-Wrarner...
...took the new directors only six weeks to learn that Inventor Zerk's accusations against the management were substantially correct. They promptly ousted President Charles B. Smith, and before the year end they also ousted his two senior vice presidents. Mr. Otis was made active head of the parent company. Suits were hastily brought against the old officers to recover salaries and bonuses. Unprofitable lines including cinema equipment were dropped. Alemite's operations were consolidated with the Stewart-Warner Chicago plant. Superfluous subsidiaries were dissolved. A new accounting system was installed and assets were written down. Stewart-Warner...