Word: mathieson
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...dinner party for their debutante daughter Nancy. Then there was a dance for about 250 youngsters under a tent on the spacious grounds of Psychiatrist George S. Hughes and his wife, who were giving it with their friends, the William F. Otterstroms (he is general auditor of the Olin Mathieson Chemical Corp.) and the Dudley Felts (he is a consulting engineer), in honor of the families' three debutante daughters. The trouble was that after the parties, 17-year-old Nancy Hitchings was killed in an automobile accident, and an indignant Circuit Court judge, Rodney S. Eielson, haled the parents...
...liquor to any such minor, except on the order of a practicing physician, shall be subject to the penalties-up to a year in jail and/ or up to $1,000 fine. Booked under this statute were a vice president of the Johns-Manville Corp., a psychiatrist, an Olin Mathieson Chemical Corp. executive, a consulting engineer, their wives and a public-school science teacher who was moonlighting as a bartender at one of the parties, as well as another bartender, two caterers and part-time waiters. Judge Eielson's regret seemed to be that he could not fill Fairfield...
Main points of the court's rulings: > Major companies will find it tougher to initiate joint ventures. Last week's case in point involved the Penn-Olin Chemical Co., set up on a fifty-fifty basis by Olin Mathieson Chemical Corp. and Pennsalt Chemicals in 1960 to make sodium chlorate for use in the pulp and paper industry. A lower court had dismissed a complaint against the creation of the firm. But the Supreme Court said, in effect, that companies cannot enter joint ventures if there was a "reasonable probability" that either would have gone into the line...
...stockholders to become just plain Monsanto Co. Fairbanks Whitney, hoping to get an image with a bang from its gunmaking subsidiary, plans to rename itself Colt Industries. Riddle-Airlines, whose name has long been just that to many people, is about to switch to Airlift International Inc. Olin Mathieson is asking customers to "please, call us by our first name," and the onetime General Shoe Co. is nailing down its new name with a "Do You Know Genesco?" advertising campaign...
...yielded 46 bu. of corn in the 1950s is now good for 64 bu. To demonstrate their axiom that $1 worth of fertilizer adds $3 in crop value, salesmen like to plant test plots along heavily trafficked highways in farm areas. Says Marketing Director J. P. Ekberg of Olin Mathieson, which operates the world's biggest fertilizer plant just outside Houston: "When the corn is twice as high as the corn growing next to it by the Fourth of July, people can easily see what a difference fertilizer makes...