Word: oil
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Dates: during 1950-1959
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...aged millionaire ever had more solicitous relatives than cantankerous Texan James Sexton, who controlled 378 oil wells and owned 9,000 acres in cattle ranches. The relatives-a sister and four nieces-felt entitled to be watchful, for at 70, James Sexton was acting kind of ornery. That was four years ago, when he was staying at the Cleburne rest home operated by Mrs. Agnes Kirk, then 36. There, one day, he showed his appreciation to Mrs. Kirk by handing her a check for $100,000, showed his affection for her, as well, by getting muscularly amorous. Mrs. Kirk fended...
When John Foster Dulles' plane rolled up onto the ramp at Manila's International Airport, a strong wind sent a gust of oil flying from the inboard port engine. It spattered across the welcoming committee of U.S. Admiral Felix Stump, in natty whites, Ambassador Charles ("Chip") Bohlen, in a white sharkskin suit, a dozen newsmen. Said a bystander: "They suddenly looked like they'd gotten measles...
...pieces of luggage, set off for Cologne. Two days later her uncle, Assad Bakhtiari, arrived from Teheran as an emissary of the 38-year-old Shah, held a three-hour bargaining session with Soraya and her parents in a carnation-filled embassy room dominated by a huge oil painting of the Shah. His reported offer: unless Soraya agreed to the Shah's taking a second wife who might provide him with a son, he would divorce her. To the second-wife plan, Soraya reportedly gave an "angry and disgusted" no. If the second wife bore a son, she would...
CORPORATE PROFITS rose 1% in 1957 over 1956, says Manhattan's First National City Bank in survey of 2,474 key companies that account for about one-third of total business earnings. Biggest gainers: tobacco, shoe, drug, steel, and auto companies. Losers: textile, clothing, tire, paper, oil, building-material firms...
...OIL-MAP THEFT has brought conviction of Oil Promoter Odie R. Seagraves, 70, and Extortionist Emanuel Lester, who tried to sell maps for $500,000 (TIME, Jan. 7, 1957). Secret geologic maps of oil lands were turned over to them by a former Gulf Oil Corp. employee who stole maps from the company. Judge fined aged Seagraves $5,000, sentenced his cohort Lester to three years...