Word: lobban
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Dates: during 1930-1939
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Antic Auburn, Usually price-cuts are bad news to a company. Last week when Auburn Automobile Co. cut $300 to $700 from the prices of its cars. President Errett Lobban Cord cheerily stated it was part of a campaign "to put men to work." Motormen noted that Auburn's low prices are now within $200 of Ford, Chevrolet and Plymouth, some $300 below its leading competitors in the $900-$1,000 price class. During the first four months of the year Auburn had 1.1% of the total U. S. passenger car business against 1.6% in the same period...
...birthday, the moonbeams, the skyscraper and treasure chest were pleasant things. The reality was not. It was the same reality which has caused many a semi-retired executive to return to his desk, including John North Willys. Errett Lobban Cord, Henry Holiday Timken, Otto Hermann Kahn. It was the reality which has so upset Mr. Doherty's fellow utilitarian, Samuel Insull...
Among other big air transport operators the name of smart Errett Lobban Cord has been anything but hallowed. He established Century and Century Pacific Lines parallel to "pioneer" services. Equipping his lines with his own cheaply operated Stinson tri-motors, he forced fares down. In his efforts to get airmail contracts he persuaded many a Congressman that the Government pays too much money to have its mail flown. In no quarter was he less popular than with American Airways (operating subsidiary of Aviation Corp.) which went before the Arizona Corporation Commission to thwart his competition in the Southwest (TIME, March...
...Avco's working personnel, who had developed a deep affection for their president, his departure was a shock. He had just returned from Arizona with a victory over Errett Lobban Cord's Century Pacific Air Lines Ltd. Arizona's Corporation Commission had refused Century a certificate of convenience & necessity to carry intrastate passengers on a route paralleling American Airways. Three days after his return President Coburn summoned all office employes into the maple-paneled board room, gripped the back of a chair, bade them goodby. Said he at the end, "I've had such a good...
...intrastate scale the principle of Interstate Commerce Commission control of airlines to restrict competition (see above) was tested last week in Tucson, Ariz. Errett Lobban Cord's Century Pacific Lines, Ltd. appeared before the Arizona Corporation Commission to ask a certificate of necessity & convenience for carrying passengers between Douglas, Tucson & Phoenix on its route from Los Angeles to El Paso. Opposing the plea was American Airways, Inc. with the claim that it had pioneered the territory, that it was giving adequate service with three round trips daily between Tucson & Phoenix, that it could give more whenever traffic warranted...