Word: loeb
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Dates: during 1930-1939
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Thirteen old Armour directors were re-elected and eight new men added to the board. Four of the new directors represented the Prince interests-Elisha Walker of Kuhn, Loeb & Co., Lawyer Weymouth Kirkland, James A. McDonough and Banker Prince. Two represented Mr. Ulman-Mr. Ulman and his lawyer. The election of the other two marked the reentry of the Armours into Armour & Co. They were Lester Armour and his brother Philip Danforth...
...Darrow has attained prominence as a criminal lawyer in several notable cases of which the first was the McNamara case in California. After his victory in the Loeb-Leopold trial he was called to defend in the spectacular Scopes case in 1925. This was the case in which a Tennessee school teacher was prosecuted by William Jennings Bryan for teaching the theory of evolution to his innocent pupils in violation of a state law. Darrow took the defense with Arthur Garfield Hayes and Dudley Field Malone and by carrying the case to the Tennessee Supreme Court, managed to get Scopes...
...remarking: "I think any fellow who would pay a million for a horse ought to have his head examined, and the fellow who turned it down must be absolutely unbalanced." But his thick, sinewy figure continued to be a familiar sight wherever Chicago deals were done. In 1931 Kuhn, Loeb & Co. called him in to help with their ailing Paramount Publix Corp. As chairman of the finance committee, he ruthlessly lopped $39,000,000 (including $6,000,000 of salaries) from Paramount's budget. Last year when he resigned that job John Hertz swore he was going back...
Married. Natica Nast, daughter of Publisher Conde Nast (Vogue, Vanity Fair, House & Garden); and Gerald F. Warburg, second son of Banker Felix M. Warburg (Kuhn, Loeb & Co.), grandson of the late Jacob H. Schiff; in Manhattan. Mr. Warburg was lately divorced in Reno by Marion Bab Warburg...
Gravy. In February 1931, Murray Witherbee Dodge was a vice president of Chase Securities Corp. and Albert Wiggin was chairman of Chase National Bank. Mr. Dodge sent a memorandum to Mr. Wiggin, said that Kuhn, Loeb & Co. might be brought in on Fox financing, added, "I am loath to do [this] unless necessary, as the splitup of the gravy would hurt my feelings." Faced last week, with this memo, Mr. Dodge at first claimed that by gravy he had meant prestige...