Word: knapp
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Among the frostbiters are some of the greatest sailors in the U.S. Perennial winner is 53-year-old Arthur Knapp Jr., a Manhattan stockbroker who has won more ocean races than he can remember, skippered the America's Cup candidate Weatherly two years ago. In the dinghy next him may be George Hinman, commodore of the New York Yacht Club; Bus Mosbacher, helmsman of Vim and one of sailing's best young skippers; or Cornelius ("Glit") Shields Jr., whose celebrated sailor father suffered a heart attack while frostbiting at the age of 61 four years ago. Fact...
...Cold to Hurt. "There are lots of fancy ideas about the motivation for starting frostbiting," says Knapp. "But I say it's simple. The motivation was gin. This nonsense started in 1932, at the Knickerbocker Yacht Club in Manhasset. Somebody had imported some English pram sailing dinghies. There was a big argument, after some bathtub gin, over the merits of dinghies, and we decided to have a regatta on New Year's Day. G. Colin Ratsey won the race. He's now a partner in the sailmaking firm of Ratsey
...holding company, Alleghany Corp. controls a stock empire whose assets include 20% and working control of the giant New York Central Railroad, 50% of Missouri Pacific Class B stock. 18% of Webb & Knapp real estate firm, plus 24% of the voting stock in Investors Diversified Services, an investment trust worth close to $3 billion. All told, Alleghany's assets amount to $134 million, and they are enough to give any group of managers all the leverage they need to wheel and deal. But last week Alleghany's wheeler-dealers were laid low by a small stockholder...
...outran the University of Massachusetts team last week to spark an impressive Harvard victory, is expected to turn in good time, as are Ralph Perry and Jack Benjamin. Benjamin has a slight cold that may affect his running, but still remains a threat to the Indians. Sophomore Bob Knapp and captain Eddie Martin have overcome early-season injuries and add significantly to Crimson point potential...
...Hildreth, Bob Knapp, Greg Baldwin, Dick Slansky, and Nile Albright should challenge the front-runners, and captain Eddie Martin seems due for his best effort of the season...