Word: ltd
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...Every second day another new supermarket opens in Britain, and the average will soon be bettered. Reason: Britain's greatest merchant prince, Sir Isaac Wolfson, 64, has entered the field by merging William Cussons Co. into his Great Universal Stores Ltd. and plans to expand Cussons' present chain of 60 stores to at least 200 supermarkets. The son of poor Polish Jewish immigrants, Sir Isaac (he was made a baronet earlier this year for his large gifts to charity) started work in his father's Glasgow cabinetmaking shop, later set up his own furniture store in London...
...Britain's giant Distillers Company Ltd. was at a crossroads. Its sales of industrial chemicals were sagging, but its whisky sales (Vat 69, Johnnie Walker,, Haig & Haig, Black & White) were soaring. Deciding not to fight the trend, the company last week chose as its new chairman an old-line whisky man, Ronald S. Gumming, 62, a spirited Scot whose great-grandfather founded the Cardow Distillery, which later was absorbed by Johnnie Walker. Gumming, an army officer in both world wars, became a Distillers director in 1946, has been a major force in Britain's drive to export more...
...John Hay. 74. who is known in Malaya as a hard Scot with a soft streak. The last of the colonial tuan besars (big sirs). Sir John has been a dominant figure in the rubber world for almost half a century. The eleven plantations of his Guthrie Estates Agency Ltd.. totaling 200.000 acres, are the most advanced in Malaya...
...simple man," says portly Jack Cotton, 59, drawing deeply on an eight-inch Havana. "All my life I've done nothing but eat, sleep and think property." He has plenty of property to think about. As chairman of London's City Centre Properties Ltd., he owns or manages office buildings, apartments, hotels and shopping centers in 268 British cities and 13 countries, collecting $17 million a year in rents...
...Cotton" and joked about what their city used to look like "B.C."−"Before Cotton." Birmingham alone was too small for Cotton. He stretched out to London and overseas. By 1960, when he merged his City Centre Properties with Financier Charles Clore's somewhat smaller City & Central Investments Ltd. to form a $182 million firm, Cotton was easily the biggest real estate man in Europe...