Word: kylsant
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...next year one Owen Crosby Philipps, a 6-foot-7 man of 40, became chairman of the company, which then operated 190,000 tons of shipping. Today Owen Philipps is Lord Kylsant, "Lord of the Seven Seas," a director of over 40 companies and organizations. With a single-handedness of management that amounts almost to secrecy, he has placed a great K on many orders. Some of these Ks have resulted in such deals as the purchase of the White Star Line (from Morgan interests in 1926), the Elder Demster Line (West Africa), the Union Castle Line (South Africa)*. Other...
That such a tremendous company should again face depression indicated to British financiers that the "Lord of the Seven Seas" had placed his K upon some orders that were unwise. Especially did this seem plausible in view of the belief that Lord Kylsant is paid not a salary nor a percentage of the profits, but a percentage of the gross. Thus more ships, more lines, terrific expansion, would have brought more pounds sterling into the Kylsant coffers even if they brought less to the Royal Mail treasury. And, according to Scandal, last week's trouble indicated that of late...
Snowy-haired, perspicacious Baron Kylsant of Carmarthen is chairman of the Royal Mail Steam Packet Co. which controls the White Star. Not without soundest reasons did he scrap the world's longest ocean liner keel. When the Oceanic was laid down, super-size rather than superspeed was the boast of luxury ships. For 22 years the trans-Atlantic speed record had been held unmolested by Cunard's gallant Mauretania while ship after ship surpassed her in size. Last month, however, Germany's new Bremen beat the old Mauretania (TIME, July 29), set a new trans-Atlantic liner...
When Lord Kylsant had fully set forth his position, the almost immediate result was to send Royal Mail shares bounding up almost to where they had been before the St. Davids pamphlet appeared. Victory seemed to perch on Tycoon Kylsant's standard, but it was not complete until the following afternoon when a meeting of the Royal Mail Debenture stockholders was called-a meeting which both tycoons were in duty bound to attend...
Powerfully built, determined of mien, Tycoon St. Davids entered the meeting room early, ignored his place at the Directors' table, aggressively took a seat in the second row of chairs allotted to debenture stockholders. After a time the other directors entered in a body, among them towering Tycoon Kylsant and the Duke of Abercorn. Rapidly they took their places until all the chairs at the Directors' table were full except one-the one ostentatiously left vacant by Viscount St. Davids. As the room quieted to a deadly hush, Baron Kylsant glanced sharply at the vacant chair, frowned, then...