Word: liggett
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United Drug Co. President Louis K. Liggett...
...Liggett & Myers...
...other days kings kept minstrels, to tell the world what mighty men their masters were. U. S. tycoons do not keep minstrels but sometimes they have literate friends. Such a convenient friend to Drugman Louis Kroh Liggett is Author Samuel Merwin (Silk, Temperamental Henry). Last week Liggett drugstores throughout the U. S. were featuring on their cut-rate book counters this "amazing TRUE story of a man who conceived the greatest cooperative organization in history." Because there is no such thing as a Pure Blurb and Ballyhoo Law, Publisher Boni could not be sued for misrepresentation. On the other hand...
...Merwin and Lou Liggett were boys together on the streets of Detroit. Then their ways parted for 25 years; when they met again they had both made the grade. Liggett's career has enough forge-ahead stuff for three Horatio Alger stories. His Scottish-Dutch ancestry gave him a big body, unbounded assurance, tireless ambition. By the time he was 21 he had a house, a wife, a ponycart and $7,000 in the bank. His first independent venture, with a bankrupt store, was typical. Overnight he painted long rows of red footsteps leading to his shop, was arrested...
...floor, and safely inside. He landed a job as salesman for a new patent medicine called Vinol, sold it with such vim & vigor that at 25 he was able to organize Drug Merchants of America, a buying agency for retail druggists. The scheme burgeoned, flowered into United Drug, with Liggett as secretary, then president and general manager. When a bright employe coined the name Rexall for Liggett's patent medicines, his Boston factory was continually racked with growing pains. Though "Liggett's own deepest convictions were against" chain stores, and "the business was founded on the precisely opposite...