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Stretched into three generations with 47 male members and scattered from Boston to Beverly Hills, the Shapiro family nevertheless manages to reunite four times a year. It is no coincidence that the councils coincide with meetings of Maryland Cup Corp., headquartered in the Baltimore suburb of Owings Mills, established 56 years ago by first generation Joseph and Nathan Shapiro. Although the firm went public six years ago, Shapiros still own 65% of the stock and dominate its board with ten of twelve family members, headed by Joseph, 79, as chairman and Nephew Arthur H., 57, as president. In what amounts...

Author: /time Magazine | Title: Corporations: Neat Feat for Nepotism | 6/30/1967 | See Source »

Revolution of Convenience. Most of the sales gain will result from what the company describes as "the revolution of convenience." From 25 factories in 19 states, Maryland Cup turns out containers for everything from coffee to carry-out chop suey, and its growing plastics division ranges from disposable glasses for airline drinkers to "banana boats" for banana-split fanciers...

Author: /time Magazine | Title: Corporations: Neat Feat for Nepotism | 6/30/1967 | See Source »

...Maryland Cup does 60% of its business during warm-weather months-and ice cream plays a key part. Says Executive Vice President Merrill L. Bank, 52, who married a Shapiro: "The old days, when you walked into a drugstore and bought a hand-dipped product, are gone forever." Today, packaged ice-cream accounts for 72% of the 800 million gallons sold annually in the U.S. To win that market, Maryland Cup developed the Flex-E-Fill, a 1,200-lb. stainless steel machine capable of packaging 44 kinds of ice-cream products in different sizes at speeds...

Author: /time Magazine | Title: Corporations: Neat Feat for Nepotism | 6/30/1967 | See Source »

...Maryland Cup also develops ice-cream specialties to build up the business. One new one this summer is the Cannonball, a plastic cone with a gum-ball at the bottom of the ice cream. Another is called the Madcap and may revolutionize the Popsicle market. Madcaps are inverted cones of ice cream on a stick, can be spewed out in carloads by the Flex-E-Fills, and will, Maryland Cup hopes, dominate the "sticks" that are ice cream's biggest single specialty seller...

Author: /time Magazine | Title: Corporations: Neat Feat for Nepotism | 6/30/1967 | See Source »

...right man and the right place," declared Lyndon Johnson, blinking in the bright sunlight of the White House Rose Garden. Thus, in a move that had been freely forecast but still represented a historic appointment, the President named Thurgood Marshall, 58, great-grandson of a Maryland slave, to be the first Negro Associate Justice of the Supreme Court...

Author: /time Magazine | Title: The Supreme Court: Negro Justice | 6/23/1967 | See Source »

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