Word: odium
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...John D. Hertz, who, putting all thought of retirement from his head, had in the meantime become a partner in the Manhattan banking house of Lehman Brothers. Another was Floyd Bostwick Odium, who smelled a bargain for his Atlas Corp. And finally there was Harold A. Fortington, financial secretary of Britain's Royal Liverpool group of insurance companies. An exceedingly rich and somewhat mysterious Briton, Mr. Fortington has been in the U. S. since 1920. He has a home in England, an apartment in Manhattan and a 1,400-acre estate in Pawling, N. Y., where...
Messrs. Hertz, Odium & Fortington also had rich friends who liked the looks of the Paramount wreck. Stockholders, bondholders, trade creditors, and the big banks all had conflicting claims. But the importance of Messrs. Hertz, Odium, Fortington & friends was the fact that together they owned nearly $20,000,000 face value of defaulted Paramount debentures and other claims. What was more, they had shrewdly purchased most of the bonds after the company went bankrupt. Thus it was that Messrs. Hertz, Odium et al. had much more to say about the reorganization plan which went to the courts last November than...
...Street, Manhattan, but Kuhn, Loeb was an enduring tradition in Paramount. Not until last January was the final Kuhn, Loeb fade-out effected. Then the slate of new directors was proposed without a Kuhn, Loeb partner. The $6,000,000 of underwriting involved in reorganization was handled by Mr. Odium's Atlas Corp. for a nominal 1% (TIME...
...going to give investment advice to women.* It was not going to conduct a woman's lobby in Washington, at least for the present. But it was going after membership. Proof of this fact was the Organizing Committee whose most prominent member is Mrs. Hortense Odium, president of Manhattan's Bonwit, Teller & Co. (clothes), wife of Investment Truster Floyd B. Odium of Atlas Corp. Legal counsellor is Mrs. Jean Nelson Penfield, New York attorney and onetime suffragette. National Director is Radio Lecturer Cathrine Curtis who claims she first decided to educate women investors when she overheard a dowager...
Though the Paramount deal was Mr. Odium's first try at underwriting, it was by no means his first venture into the film business. Atlas already holds sizable blocks of old Paramount stocks & bonds acquired literally at receivership prices. Last year Atlas helped distribute in England some of Chase National Bank's big but involuntary investment in Fox Film...