Word: macnaughton
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Dates: during 1960-1969
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...Spurred on by fast-moving President Malcolm MacNaughton, 51, Hawaii's Castle & Cooke Inc. launched a major push out of its home islands. The biggest of Hawaii's Big Five, Castle & Cooke has long concentrated most of its assets (now $117 million) in sugar land. Last week, mainland-born (Oregon) MacNaughton announced that C. & C. had completed arrangements to take over Dole Pineapple and Bumble Bee Brand Seafoods. Next MacNaughton targets: to decide whether to take up a Castle & Cooke option on 125,000 acres of Peruvian timberland, buy more food companies, get listed on the New York...
Died. Ernest Boyd MacNaughton, 79, president of the Portland, Ore. First National Bank from 1932 to 1947 and its board chairman ever since, who was moderator of the American Unitarian Associa tion from 1950 to 1952, president of the Oregonian Publishing Company from
...cancer; in Portland. Of all his multiple interests, the indefatigable MacNaughton most relished his unpaid post at endowment-dwindling Reed. Ending about every extravagance except the famed twelve-man classes ("We don't want to water down our professors with students"), the blustery Scot, a self-styled "Republican with a move on," badgered his conservative friends into unprecedented contributions to what they had long considered "those Reed pinkos," put the college in the black for the first time in years...
...countries where it is produced. Of the remaining 14 million tons, more than 8,000,000 tons will be sold to nations with quota systems similar to the U.S. The remaining 6,000,000 tons, which sells at the world market price, is largely surplus sugar. Says Boyd MacNaughton, president of C. Brewer & Co. Ltd., Hawaii's second largest sugar company: "The so-called 'world market' is a dumping ground for surplus sugar that doesn't have a home...
...Sugarman Boyd MacNaughton...