Word: mckesson
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Frank Donald Coster graduated from Heidelberg with an M.D. and a Ph.D., practiced medicine in New York City from 1912 to 1914. He quit practice to become president of Girard & Co., a small drug manufacturer owned by his mother's family. In 1926 he bought control of McKesson & Robbins, old and honored New York drug house, and made it the nucleus of a nationwide manufacturing and distributing business...
...dealing with the impeachment of the Secretary of State of Colorado for irregularities in the collection of Colorado liquor stamp taxes unfortunately failed to contain a complete account of the events leading up to the impeachment proceedings and accordingly did not make clear the position of McKesson & Robbins...
Since the repeal of the Eighteenth Amendment McKesson & Robbins, Inc. has been engaged in the distribution of wines and liquors on a nationwide scale. Since its earliest connection with this business, the policy of the Company has been to comply strictly with the spirit as well as the letter of every regulatory and taxing measure. In accordance with this policy, as soon as it became apparent to the executive officials of the company that there were irregularities in the collection of Colorado State liquor taxes, the Company communicated with the Governor of Colorado placing in his hands...
...Company feels that the above facts were not clearly set forth in the article in TIME and that accordingly, there may have been some implication that McKesson & Robbins, Inc. was dishonorably involved in the affair. The management of the Company has not tolerated in the past evasiveness in regard to laws affecting the Company. It will not tolerate such evasiveness in the future...
...COSTER President McKesson & Robbins, Inc. Bridgeport, Conn...