Word: oilman
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Dates: during 1950-1959
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Died. Edgar Sullins Vaught, 86, longtime (1928-56) Federal District Judge in Oklahoma City, who presided over the sensational trial (1933) of the two dozen kidnapers of Oilman Charles Urschel and allowed newsreels in the courtroom; ruled (1934) that price-fixing by the New Deal's National Recovery Administration was unconstitutional, and denounced NRA as a violation of states' rights; as early as 1948 was one of three Federal judges in Oklahoma to order desegregation in state universities; in Oklahoma City...
Cornered by an aggressive newsman in the lobby of London's Ritz Hotel, Oilman Jean Paul Getty (TIME cover, Feb. 24, 1958) was persuaded to offer some reasons why the life of a billionaire is not roses all the way. "Quite a bother," to Getty, 66, and an altar-scarred veteran of five marriages, is a continual stream of letters from ladies proposing to be his sixth missus. Among his other complaints: "People keep writing me for money. They don't realize I don't have any spare cash...
...Francisco: $500,000), the N.F.L. is eying the growing national interest in the game (CBS's pro-football TV audience: some 20 million) and planning to expand to Minneapolis-St. Paul and Dallas next year. What is more, the newly formed American Football League, headed by Dallas Oilman Lamar Hunt, has high hopes of playing next year in Houston, Dallas, New York, Denver, Boston, Buffalo and Los Angeles. Says Hunt: "Unless the N.F.L. folds, there will be two professional football leagues next year...
...Oilman Getty suddenly decided to live it up? Not at all, said he. His only purpose in buying, he told the London press, was to avoid paying those hotel bills. "I generally have a group of business associates with me, and I have worked out that our combined hotel bills will be more than is required to run a stately home. If your name is Getty, you can't expect to be allowed to live in a hotel for less than $100 a day." Retaining his composure, the Ritz manager said that customary manners leave Getty's Ritz...
...tomorrow is coming sooner than it thinks. On black-fly-infested tundra 175 miles above Dawson City, Chance No. 1, the first gas-oil well in Canada near the Arctic Circle, blew in with a roar. The discovery was made by Western Minerals Co., which belongs to Calgary Lawyer-Oilman Eric Harvie. Gushed the Toronto Globe and Mail: "A landmark in northern history." Sixty-one years after it struck gold, the Yukon had struck black gold...