Word: owners
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Dates: during 1960-1969
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Taking a deep breath, Lukens offered far less-and wound up the owner of 31 buildings and 125 acres. His plan: rename the place Science Island and make it a summer center for the most ambitious high school science students in the land...
...days. From 1958 came the memorable picture of Ycaza, riding Jewel's Reward in Hialeah's Flamingo Stakes, and coming down the stretch bumping Rival Tim Tarn. Ycaza was suspended for 15 days, Jewel's Reward was disqualified at a cost of $77,800 to Owner Elizabeth Arden Graham, and Tim Tam went on to win the Kentucky Derby and the Preakness. It was at about that point that trainers began shrugging Ycaza off as a foolish kid who let a hot temper cancel out cold talent...
...Owner Harry F. Guggenheim of Cain Hoy Stable gave Ycaza a chance to redeem himself by hiring him as contract rider. Ycaza liked Cain Hoy. "It is like a family stable," he says. "They are all very nice to me." In that climate, he began mending his ways. "I wished to improve," says Ycaza. "To wish is a big thing." It was certainly a big thing to Cain Hoy-the U.S.'s leading money-winning stable last year, with purses totaling...
Primarily, options are offered to spur initiative and give professional managers a sense of ownership. Says Leland Hazard, director of the Pittsburgh Plate Glass Co.: "The stock option is an invitation to aggressiveness. It gives a man the incentive to act as an owner-manager...
Died. Sidney S. Lenz, 86, who started work at 16 as a $2-a-week paper salesman, retired at 31 as the millionaire owner of a paper company, devoted much of his life thereafter to playing and experting at bridge; of a heart ailment; in Manhattan. In 1931, after he and Partner Oswald Jacoby were challenged ($10,000 to $1,000) by Upstart Bridge Expert Ely Culbertson and Wife Josephine to a 150-rubber match billed as "The Bridge Battle of the Century," Lenz fell into eclipse when the Culbertsons, promoting their new honor-trick system, talked and slammed their...