Word: kodak
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Dates: during 1930-1939
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...Flippant brokers annoyed Calvin Bullock's Montreal office by solemnly inquiring why His Majesty George V failed to be elected to the board. The new trust will invest a small portion of its funds in such U. S. companies doing a large Canadian business as General Motors, Eastman Kodak, National Dairy Products. But on its strictly Canadian commitments, if & when Canadian exchange recovers to par, the trust will make a profit of about 14%, the current discount of the Canadian dollar...
...lubrication business. His uncle was the late Edward Thomas Bedford, founder & head of Corn Products Refining. He is not to be confused with his cousin Frederick Thomas Bedford, president of Penick & Ford, Ltd. Dr. Rush Rhees, president of University of Rochester, was elected to the board of Eastman Kodak Co., filling the vacancy caused by the death of his good friend George Eastman...
When George Eastman took his life (TIME. March 21), little was known of his affairs. During his lifetime he gave away some $75,000,000; most people assumed he had little left beyond a nominal share in his kodak company. The filing of his will last week disclosed an estate of some $20,000,000. Of this $200,000 goes to Mrs. Ellen Andrus Dryden of Evanston, Ill., his niece and nearest relative. Other bequests go to her husband and children, to employes and associates of Mr. Eastman, to Rochester charities. The residual estate is such as to raise...
...general frankness a wide range is covered. Eastman Kodak used to report only earnings, now reveals depreciation charges but not sales. The exact nature of Allied Chemical's huge investment account is hidden in the phrase "U. S. Government and other marketable securities." Reynolds Tobacco has described its investment in its own stock as "investment in noncompetitive companies." The railroads, because of the prescribed I. C. . accounting system, are models of honesty. Such leading companies as General Motors and U. S. Steel give enough data for anyone except a super-statistician. While some companies may discontinue reporting sales, businessmen...
...Eastman Kodak today is credited with doing 90% of U. S. photographic business and more than 60% of world business. From 1880 to 1925 the company was almost entirely a one-man affair, Eastman personally making every decision of import. In 1925 he retired as president and general manager, became chairman of the board. Said he: "The remaining years are very precious to me and I am now doing what the movies call a 'fade-out.'" A thoroughgoing philanthropist, he gave away some $75,000,000, probably retained only a small Kodak interest. Major gifts were: to Massachusetts Institute...