Word: mckinlay
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...National, McNamara found trouble everywhere. After the death in 1936 of George S. Rasmussen, its Danish immigrant founder (in 1899), the company went into the red. Finally, John McKinlay, a former president of Marshall Field & Co., got control. Under him, the chain stayed in the red till 1940, when the war put it into the black. McNamara found the chain burdened by paper work and centralized control that failed to respond to local needs. McNamara set up nine semiautonomous branches, whose managers do their own buying, advertising and pricing. He bought out nine competing companies (358 stores), closed up white...
...rink" (team), skipped by Frank Van Epps of Portage, Wis., salvaged U.S. prestige by winning, 24-12. Van Epps produced the shot of the day. Two Scots stones, placed about a foot apart, guarded the scoring circle. While Van Epps lined up his shot, Detroit Lawyer John Ritter McKinlay acted as temporary skip to give Van Epps the proper strategy...
Brush Now! Standing at the "hack," Van Epps swung his stone "elbow in," imparting a clockwise twist to the handle. Up the ice it came in a smooth, shallow curve. "Don't brush!" shouted McKinlay. Just before the stone came to the hog line, McKinlay yelled: "Brush now!" The soopers whisked frantically with their household-type brooms (the Scotsmen use T-shaped brooms, rub rather than sweep the ice). The stone slipped on between the two trotting sweepers, snicked the two guard stones away and came to rest plunk in the center...
...That's the way to play the game," shouted McKinlay to his grinning skip. The Scot skip was less demonstrative. Soberly he raised his broom, the curler's signal for a well-played shot...
National made a little money, although not enough to encourage McKinlay, who sadly announced in 1943 that he saw little hope. John Cuneo, watching from the sidelines, saw plenty. He bought up 101,325 shares of common stock, another 1,907 of preferred. By last week he already had enough stockholders behind him to settle on his own terms: a thorough house cleaning of National Tea, new executives, new selling methods. When the stockholders meet, March 25, no one doubts that he will get what he wants. And no one doubts that Cuneo, in cleaning out the cobwebs, will make...