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...Kingfish" is big (6 ft., 200 lbs.), shy, pink-cheeked Ernest Lynn Kurth, 64, a jack of all trades-lumber, insurance, banking, theaters, construction, utilities, machinery-and master of all as well. Kurth's dozen-odd enterprises employ 3,250, indirectly support 50% of Lufkin's population. But the Kurth achievement that most East Texans boast about, and the one that is of prime importance to the Southern economy, is newsprint. Set up only nine years ago as the South's first newsprint producer, Kurth's $18 million Southland Paper Mills, Inc. last week was rolling...

Author: /time Magazine | Title: CORPORATIONS: Mister East Texas | 12/26/1949 | See Source »

Silver Spoon. No rags-to-riches hero, Ernest Kurth is the son of a German immigrant who came to Texas in 1871 and pioneered the South's lumber industry...

Author: /time Magazine | Title: CORPORATIONS: Mister East Texas | 12/26/1949 | See Source »

From the time he took over his father's lumber company and foundry in 1930, Kurth sought ways to make them bigger. Since his Lufkin Foundry & Machine Co. depended on outside companies for its castings, Kurth set up Texas Foundries, Inc. as his own supplier. It soon became the biggest Southern producer of malleable iron castings. The two companies now have combined sales of some $17.5 million a year...

Author: /time Magazine | Title: CORPORATIONS: Mister East Texas | 12/26/1949 | See Source »

...Kurth's fondest dream was to convert Southern yellow pine, not good for finished building purposes, into newsprint. Not until the mid-'30s when a method of controlling the pitch content in pine pulp was discovered, was he convinced that it could be done. Then he had to spend five years convincing other Texans. After Kurth raised $2,689,684, including more than $400,000 from 25 newspapers, RFC lent him $3,425,000. He had hardly started to make newsprint when the war cut off his supply of chemically made pulp. With additional private loans and another...

Author: /time Magazine | Title: CORPORATIONS: Mister East Texas | 12/26/1949 | See Source »

Last night's Observatory hold-up, in which James H. Finkelstein '51 was robbed of $26 and a wristwatch valued at $50 while his date, Anne Gans '50 was unharmed, followed by 25 minutes a Garden Street robbery, also by three teen-agers, in which MIT student Malcolm Kurth had $4, a cigarette case, and two pens stolen from...

Author: NO WRITER ATTRIBUTED | Title: Three Held Up; Robbers Throw Senior in Charles | 5/24/1949 | See Source »

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