Word: lannan
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Once a profit was in sight, Crowell-Collier President Smith set to work to bring in badly needed new capital. He laid his financial problem before Manhattan Broker Edward L. Elliott, who found him a group of 26 big investors, including Chicago Financier J. Patrick Lannan (see 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...
...University line-up is Bingham and Lannan, ends; Joss and Butterworth, tackles; Eckart and Sturhahn, guards; Lovejoy, center; Beach, quarterback; Cottley Allen and Kline, backs...