Word: kodak
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
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...
Died. George Eastman, 77, board chairman of Eastman Kodak Co.; by his own hand (pistol); in Rochester, N. Y. He left a note: "My work is done. Why wait?'' Born in Waterville, N. Y. in 1854, he started Eastman Dry Plate Co. in Rochester in 1880. First man to realize the possibilities of amateur as opposed to professional photography, he devoted himself to making cameras simple, handy, foolproof. The first Kodak appeared in 1888, contained film for 100 pictures which, when taken, were sent back (camera & all) to the Kodak factory for development. Hence the famed slogan: "You press...
...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...
...British cotton mill. In his spare time Charles Powell of East Dids-bury likes to take pictures. This summer he went on vacation with his pretty tousle-haired fiancee to the Isle of Man. He took her picture sitting on a rock against the sunset with a cheap Kodak she had given him for a birthday present. The picture seemed very good. He enlarged it and sent it to the International Kodak Exhibition at Geneva, a contest for which the various European and U. S. subsidiaries of the U. S. Eastman Kodak Co. had contributed over $100,000 in prizes...