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...holding company for public utilities, went into "friendly receivership." Big as it was, great as is its fall, it was a young company built by a young man. On March 4, 1929, while bands and flags and soldiers led Herbert Hoover to his oath of office, young George Lewis Ohrstrom, 35 then, was interested in a less publicized matter. On that historic day he was occupied with incorporation details at Wilmington, Del. Birthday of Hoover Prosperity, it was also birthday...

Author: /time Magazine | Title: Business: Twin of Prosperity | 9/14/1931 | See Source »

...Ohrstrom's big utility.* Both died young...

Author: /time Magazine | Title: Business: Twin of Prosperity | 9/14/1931 | See Source »

Neither Mr. Hoover nor young Mr. Ohrstrom could look forward to Oct. 29, 1929 and the days beyond that day. Children study about the properties under President Hoover in geography books. Stockholders also needed geographies to study the properties under President Ohrstrom. They are almost coextensive. The properties of Tri-Utilities' four big subsidiaries (and their subsidiaries) extend from waterworks for householders in Flatbush to power lines in the Arizona desert, from mains of natural gas in Atlanta and Birmingham to acres of gas wells in Oklahoma, Kansas and Texas. All were listed by President Ohrstrom's accountants...

Author: /time Magazine | Title: Business: Twin of Prosperity | 9/14/1931 | See Source »

...George Ohrstrom was born at Ford River, Mich., a dark and precocious child of Teutonic-Scandinavian parents. The Ohrstroms moved west, to Washington where the son was educated in Tacoma High School. After some youthful experience in lumbering and railroad construction, he went back to Michigan, to the university at Ann Arbor. He left Michigan during the War to fly. (As an aviator in the Argonne, he is credited with bringing down the last German plane of the War.) After the War he went back to Michigan and took his degree. In New York he took his first and only...

Author: /time Magazine | Title: Business: Twin of Prosperity | 9/14/1931 | See Source »

...Financiers for the builders of the Manhattan Building were G. L. Ohrstrom & Co., Inc., who last week joined with J. G. White Co., Inc., to form International Public Service Corp. which will own and operate public utilities in South America...

Author: /time Magazine | Title: Business & Finance: Tallest | 6/9/1930 | See Source »

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