Word: ottley
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Dates: during 1930-1939
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Atlanta also has the fabulous Candlers (Coca-Cola); the Grays, who last week sold the venerable Journal (see p. 35); James H. Nunnally (candy) and Steve Lynch, who took fortunes out of Florida's real-estate boom; John K. Ottley and Thomas K. Glenn (banking); Southern Railway's Vice President Robert Baker ("Bob") Pegram 3rd, who is the city's No. 1 railroader. These and their kind once would have lived on Peachtree Street (where dogwood blooms in the spring, but there are no peach trees). Now most of the rich live in lush Druid Hills...
Last week for the third time in a seven-year rise to riches, Charles Willard Young founded a Manhattan investment counsel firm. His first was Young & Ottley, launched in 1929 with the financial aid of a fellow Yaleman named James Henry Ottley. Young & Ottley promptly established itself by calling the stock-market crash. In 1933 young Mr. Young pulled out of Young & Ottley, moved from Manhattan's Chanin Building diagonally across 42nd Street to the Chrysler Building. There with new backers, notably James Cox Brady, Mr. Young set up an-other investment counsel firm called C. W. Young...
...Brady, heir to the Brady utility and motor fortune, William V. Griffin, president of Brady Security & Realty Corp., President William H. English Jr. of the New York Coffee & Sugar Exchange and several of Bill Young's friends who were reported to have put up $50,000 each. Jimmy Ottley became president of the old firm, will continue as Young & Ottley...
...poultryman named Patrick Fallon was taken from a farm at Bridgewater, Mass. Frederick J. Persons, 16, son of an East Aurora, N. Y. bank president, told how he had run away from two men who tried to snatch him on a dark street. In Atlanta, President John K. Ottley of the First National Bank identified two boys who had seized, later released him fortnight ago on his way to work (TIME, July 17). Three men were arrested as they lay in wait for another banker, Cecil C. Vaughan, near Franklin, Va. John C. Lyle, mail carrier of Crawfordsville...
Motoring down to his presidential office in Atlanta's First National Bank (largest in the Southeast), John King Ottley, 65, saw a fruit peddler to whom he had often given a lift to town. This time the peddler flourished a pistol, took the banker for a ride to the country, left him in charge of a 17-year-old boy armed with a blackjack. It took Banker Ottley only a few minutes to persuade the boy to release him, accompany him to nearby Suwanee, lead a posse to the fruit peddler's hideout...