Word: mellons
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Dates: during 1950-1959
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...dealt in fiscal matters all his business life. He spent 18 years with the Federal Reserve Bank of New York, later was elected vice chairman of the National City Bank of N.Y. and president of the American Bankers Association. He has worked with every Treasury Secretary since Andrew Mellon, in 1933 declined an offer to become Under Secretary under William Woodin because...
...construction, M-K is now expanding into factories and laboratories. In 1950, M-K bought 98% of Cleveland's H. K. Ferguson Co., one of the top U.S. constructors of industrial buildings, for $2,650,000, has put it to work on Pittsburgh's $2,800,000 Mellon Square underground garage...
...filed suit charging that the directors misused Central funds by hiring a publicity firm (Manhattan's Robinson-Hannagan Associates) to help fight him and by spending company money to solicit proxies for the Central meeting, May 26. Young also charged that four big banks (J. P. Morgan, the Mellon National Bank, First National of New York City and Chase National) were deriving "substantial benefits" from the fact that their heads are Central board members. The railroad itself, Young noted, operated at a $2,762,696 deficit last month. What galled Young even more was the contract given...
This week the University of Pittsburgh received one of the largest endowment gifts ever made for U.S. medical education. The gift: $15 million from three Mellon foundations.* Its purpose: to build full-time professional faculties to strengthen the present staffs of largely part-time teachers at Pitt's schools of medicine, dentistry, pharmacy and nursing, as well as at its new (1948) Graduate School of Public Health...
...Mellon Educational and Charitable Trust, the Sarah Mellon Scaife Foundation, the Richard King Mellon Foundation...