Word: last
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Dates: during 1930-1939
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...strong indication of the way out for railroads already bankrupt, hogtied in the Courts by common stockholders' claims, came last week from the Supreme Court. The Court was unanimous and its spokesman was Mr. Justice William Orville Douglas, who first made his jurisprudential name as a Yale Law School professor by analyzing bankruptcies for the SEC. Actually the case did not concern a railroad at all. It concerned obscure Los Angeles Lumber Products Company, Ltd. and was chosen as a kind of Schechter case for a New Deal test of Section 776 of the Federal Bankruptcy...
...even more marvelworthy-in amount of truck that can be bought for $1,000, in adaptation to the problems of modern distribution of goods. Compared to a pleasure car the modern truck is intrinsically as beautiful, engineeringly more luxurious, commercially more important. For those who appreciate such qualities Chicago last week had its annual thrill - the truck show, or rather two of them...
Dodge: a new 1½-ton cab-over-engine truck, wheelbase 105" or 129", price $825 up. Other models include 23 body styles, six engines (five gasoline, one heavy Diesel), capacities one-half to three tons, prices $465 to $3,650. Feature: horsepower higher than last year...
...kept a mighty grip on his firm's affairs. When he appointed executives, he is reputed to have made them give him undated resignations. When he wanted to tell them something, he called them to him, whether he was in his office or at his Gull Lake estate. Last week, however, it appeared that the autocrat of the breakfast foods, 79, had picked his successor...
Into the presidency of Kellogg stepped tall, grey-haired, grey-eyed William H. Vanderploeg (rhymes with Kalamazoo). Plucked from a vice-presidency in Chicago's Harris Trust & Savings Bank last July, he had been Kellogg's executive vice president. To the chairmanship retired Will Keith, hoping to devote the rest of his life to his two big hobbies: 1) W. K. Kellogg Foundation in Battle Creek, which he established nine years ago to improve children's health (endowed with $46,000,000); 2) W. K. Kellogg Institute of Animal Husbandry (with 80-odd pure-bred Arabian horses...