Word: parrett
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Dates: during 1930-1939
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...stock in the Dixie Cotton Chopper Co., then absconded with the money. One of the salesmen of this first company was a Kentuckian named Lawrence W. Leeper whose wife had an independent fortune. In 1927 Lawrence Leeper bought the rights to the chopper, patented it in 1932. Engineer Dent Parrett improved the machine and wealthy oldtime Rancher John Scharbauer and friends put up $200.000 to establish Dixie Cultivator Corp. in 1936. Lawrence Leeper retained a controlling interest and has given new stock to as many of the original company's stockholders as he could find. This week...