Word: markus
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Dates: during 1960-1969
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...Extension. The inspiration for Penn Life came originally from the late Roy Markus, a pharmacist, who in 1939 decided that disability income insurance could be sold profitably door-to-door to small businessmen. He built up a chain of agencies in the Midwest and on the Eastern Seaboard. Beyer joined Markus at 18, and by 23 was earning $340,000 a year as manager of the Minneapolis office...
...Markus in 1955 bought the nearly defunct Pennsylvania Life Insurance and moved its headquarters to Los Angeles. Using that firm as the major building block, he then formed a parent holding company, Pennsylvania Life Co., which could make acquisitions more easily than an ordinary life insurance company. Pennsylvania Life has expanded to include a mutual fund, Pennsylvania Securities Co., National Central Life Insurance Co. and other insurance firms. Last month Pennsylvania Life joined with H & R Block, Inc., tax consultants, to form a new, jointly owned subsidiary. It will sell mutual funds and insurance to H & R Block clients...
...Markus died in 1965, and the parent holding company is now run by a triumvirate of Beyer, Chairman Joe D. Bain and Vice-Chairman Burton Borman. "We are beyond working for a living," says Beyer. "We would like to build a billion-dollar company. It has become an extension of our egos, because pur egos soar, and we want to keep building and getting accolades. We also enjoy money." Apparently these father images also enjoy the responsibility of looking after an ever-larger family of salesmen...
...Grappling. Despite his acknowledged eminence, Barth's masterwork, Church Dogmatics, is one of the least-read great books of the century, and Barthian neo-orthodoxy now seems almost as old hat as the orthodoxy it displaced. Yet Barth wanted no disciples-except, he said, for his own sons Markus, a professor at Pittsburgh Theology Seminary, and Christoph, a Biblical scholar at the University of Mainz, Germany-and he often told students: "Don't repeat what I have said. Learn to think for yourselves." He tried firmly to shun theological fashion, and his constant goal was to bring...
...University of Minnesota: baseball's college world series, for the third time, beating the University of Missouri 5-1 in the final game, on the four-hit pitching of Joe Pollock and the headlong base-running of Second Baseman Dewey Markus, who then signed a contract with the Chicago Cubs...