Word: morgan
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Morgan lent three Holbeins. The Metropolitan Museum sent down El Greco's View of Toledo and John Singer Sargent's portrait of Padre Sebastiano. Mrs. George Bellows lent her husband's famous picture of Edith Cavell. The Whitney Museum, the Phillips Memorial in Washington, the Fine Arts Gallery of San Diego, all removed priceless works from their walls to send to Knoedler's in Manhattan, because an art critic liked them...
Harlow confides that he still does not "know whether Forte or Morgan is the better right end," and compares Don McNicol to Vernon Struck "the Magnificent Faker" of the 1937 team. Generalities are kept to a minimum by Harlow, but he does deviate enough to suggest that "I have found through many bitter lessons that there is no substitute for experience, and that Sophomores are a bad risk, particularly in the backfield...
...Morgan Stanley & Co. Inc., most influential of all U.S. investment bankers, last week decided to enter the brokerage business as well. First step will be to drop the "Inc.," set up a partnership before year's end. Then it plans to join the New York Stock Exchange (barred to corporations), open retailing departments, hire customers' men, fit out a big board room...
...Morgan Stanley drops its Inc. less than two years after its foster parent J. P. Morgan & Co. added one (TIME, Feb. 26, 1940). J. P. Morgan incorporated to conserve the partners' funds against estate taxes, etc., and to enter the profitable trust-company field. Morgan Stanley enters a field that can barely sustain those already in it. But Morgan Stanley has a tax reason too: partnerships avoid the 31% corporation income...
...dashing Morgan or Gates tradition is President James Brents Hill, 63. A penny pincher, he peppers his 26,600 employes with "president's messages" on thrift and courtesy. He once told employes to conserve pencils because L. & N. had to haul 1,887 lb. of freight a mile...