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...BUSINESS). The Elliott group agreed to buy $3,000,000 worth of new Crowell-Collier debentures, convertible to 600,000 common stock shares (at $5 a share). It also took an option to buy half the 400,000 shares (26% of outstanding stock) held by the late Joseph Knapp's Publication Corp. and voted by Crowell-Collier Chairman Clarence Stouch. The new group wanted to clip Stouch's power, make Smith...

Author: /time Magazine | Title: The Press: Black Ink at Collier's | 7/25/1955 | See Source »

...into bananas." Last year, hoping to turn the trick again, he started work on a $35 million hotel and department-store center on a vacant plot in Denver. He soon ran into trouble. The plans called for a 1,000-car underground garage, but when Zeckendorf's Webb & Knapp engineers started taking core samples, they found a 65-ft. formation of blue clay, sand and rock that would have to be excavated at a cost of about $3.000,000. Bill Zeckendorf told his men to keep on sampling. Last week, instead of a banana, they found a bonanza. They...

Author: /time Magazine | Title: REAL ESTATE: Peanuts & Bananas | 11/22/1954 | See Source »

When the era of the automobile dawned in the mid-1920's Leavitt's club house atmosphere collapsed. By then Leavitt and Peirce had both died, within six months of each other in 1919, and two employees at the H.A.A., Frank Knapp and Fred Moore, bought the business. These two gentlemen saw the shop through its transitional period. They took down the great green curtain that closed off the rear of the shop and turned Leavitt's "house Man" into a counterman. The lunch counter was moved upstairs and the freshman smoker was closed. It was they who instituted...

Author: By John J. Iselin, | Title: Cambridge Cake Box | 10/29/1954 | See Source »

...Knapp and Moore retained the open cake box, the forgotten pool room, and the traditional habit of handing out cigars at Commencement. And they established the shop among the elite smokers by importing their own Algerian briar pipes and stocking their shelves with ninety cigarette brands...

Author: By John J. Iselin, | Title: Cambridge Cake Box | 10/29/1954 | See Source »

...hurly-burly world of real estate, no one fancies himself a bigger operator than smooth-talking William Zeckendorf, president of Manhattan's Webb & Knapp. Says Zeckendorf: "I like to turn peanuts into bananas." Last week, reaching out for a new piece of fruit, Top-Banana Zeckendorf bumped into another big operator. In the collision, Zeckendorf's feet went skidding out from under. Zeckendorf's opponent: Conrad Hilton, who in about a dozen years has risen from an obscure Southwestern innkeeper to a position as the world's biggest hotelman (TIME...

Author: /time Magazine | Title: REAL ESTATE: The New Super Connie | 8/16/1954 | See Source »

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