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Word: lewmurken (lookup in dictionary) (lookup stats)
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...biggest check, for about $44,000, went to the U.M.W.'s company, Lewmurken,* Inc., which once tried to save Rocky Mountain Fuel by lending President Roche $709,693. It had good reason to keep the company going. Miss Roche, a militant liberal, had taken over the presidency two years after the death of her union-hating father, who had joined other Colorado mining companies in smashing the U.M.W. in the ill-famed Ludlow riots...

Author: /time Magazine | Title: CORPORATIONS: Mournful Dividend | 6/2/1947 | See Source »

Miss Roche signed a contract with the union, the first in Colorado. But the shaky company, heavily over-capitalized by her father, began to slip when natural gas came into Colorado, went bankrupt in 1944 (TIME, Aug. 6, 1945). When liquidation is completed, in five or six years, Lewmurken, which owns 23% of the company, may have received as much as $300,000 in all. But the U.M.W. is shedding no tears over its loss. It was richly repaid in the unionization of all Colorado coal mines...

Author: /time Magazine | Title: CORPORATIONS: Mournful Dividend | 6/2/1947 | See Source »

...Bottomless Hole. John L. Lewis' United Mine Workers felt a vested interest in keeping R.M.F. alive. Every year, Lewmurken Inc. (the corporation that handles U.M.W.'s investment funds) sank more money into R.M.F. until, by 1941, the corporation had assumed all of Miss Roche's debt of $800.000, had virtual control of the company through its 23% bond holdings...

Author: /time Magazine | Title: CORPORATIONS: Practical Test | 8/6/1945 | See Source »

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