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When about two and a half years ago Florida's banking structure was toppling, a Strong Man came to save it. He was Alfred Irénée du Pont, stormiest of the great Wilmington family. Last week he was still continuing Florida's financial salvage...

Author: /time Magazine | Title: Business & Finance: Florida's Helper | 8/31/1931 | See Source »

Alfred Irénée du Pont is 67, has one eye and an irascible nature. His 500-acre estate ("Nemours") near Wilmington is guarded by a high, barbaric wall. Firmly cemented in its top are great jagged pieces of glass. The gates are made of iron grillwork backed with steel sheeting. No unwelcome eye may look at "Nemours," no unwelcome feet tread its lawns...

Author: /time Magazine | Title: Business & Finance: Florida's Helper | 8/31/1931 | See Source »

...when the du Pont company was celebrating its centennial, the death of Eugene du Pont had left the family's holdings at their lowest ebb. Alfred brought together his cousins Senator Thomas Coleman du Pont and Pierre Samuel du Pont, acquired $12,000,000 worth of stock and a good grip on the company. In 1915 Senator du Pont wished to get out, sold his stock (then worth $56,000,000) to Pierre Samuel du Pont & associates. Alfred, not one of the associates, declared war. There followed a cousinly battle of giants, du Pont against du Pont for great...

Author: /time Magazine | Title: Business & Finance: Florida's Helper | 8/31/1931 | See Source »

...Florida he brought new, sound banks, all with the name Florida National. Last week in Miami the newest one of these began business with $1,250,000 deposited, a good half million more than any other bank in the State has ever received on its first day. Other du Pont banks (all controlled by his Almours Corp.) are in Jacksonville, Orlando, St. Petersburg, Bartow, Lakeland. Applications are pending for Daytona, De Land and Tampa...

Author: /time Magazine | Title: Business & Finance: Florida's Helper | 8/31/1931 | See Source »

Lammot du Pont...

Author: /time Magazine | Title: Business & Finance: Who Holds GM | 8/31/1931 | See Source »

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