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Bought for $150,000 by the U. S. Navy for patrol service was the 267-ft. Hi-Esmaro, palatial $1,250,000 yacht of ailing Asbestos Tycoon Hiram Edward Manville; and for $140,000 the 206-ft Diesel yacht Lotosland, million-dollar pleasure craft of National City Banker Colonel Edward Andrew Deeds. Lotosland's seaplane hoist may prove useful, her pipe organ...

Author: /time Magazine | Title: People, Oct. 28, 1940 | 10/28/1940 | See Source »

...largely credited with perfecting the Liberty motor. After the War he followed both electric machinery and aviation into Niles-Bement-Pond and Pratt & Whitney. As a director of National City Bank he stepped into the presidency of National Sugar Corp. On his 205-ft. Diesel yacht The Lotosland he has a pipe organ, a seaplane tender...

Author: /time Magazine | Title: Business & Finance: Deeds & The Cash | 12/5/1932 | See Source »

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