Word: roebuckers
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...Hugh S. ("Mail Order") Magill, independent Republican Dry, who is backed by Julius Rosenwald in "a revolt of good citizenship" against the two other "slush" candidates. In August, Mr. Rosenwald, head of the mail order house of Sears, Roebuck & Co., visited President Coolidge, is believed to have told him about the grimy political situation in Illinois. Mr. Rosenwald says that he, himself, is "a dub in politics" but that he is firmly convinced of the worthiness of Mr. Magill. Mr. Magill's name will be put on the November ballot as the result of a petition filed last week...
...Astor Street, Sheridan Road, Lake Forest. Not so, Julius Rosenwald-he would stand by the South Side. He did not object to the Negroes; he was their friend; he had given millions for their advancement. Mr. Rosenwald is no idle dreamer. He is a profoundly respected business man (Sears, Roebuck & Co.), one of its most generous philanthropists. He has always been a force of purity in Chicago's grim politics. Last week he closed the door of his home on Ellis Ave., climbed into his limousine with his daughter Julia, was whisked down to the railroad station...
...last week rejoiced over two costly filial presents. From John G. Shedd, aging board chairman of Marshall Field & Co., came a third million to add to two he had promised for the construction of a ne plus ultra city aquarium in Grant Park. From Julius Rosenwald, president of Sears Roebuck & Co.), came three millions outright to restore the old Fine Arts building of World's Fair days in Jackson Park and house within it a museum of industrial progress. Mr. Shedd's increased aquarium gift came forth promptly when he learned that two millions would...
...December, 1921, the mail order house of Sears, Roebuck & Co., that proud, old firm "founded on a fair profit, a fine organization and the faith of the customer," was in a bad, bad way. The post-War depression and readjustment had nibbled away at inventories and surplus so that earlier that year dividends on common stock had to be suspended. It seemed to President Julius Rosenwald and his associates that, to balance on the year, they would have to write off inventories hugely, pass dividends and even levy on holders of common stock some fraction of their stocks. Now these...
...Rosenwald said he would give to Sears, Roebuck & Co. 50,000 shares of its common stock, of which the par value was $5,000,000, the market value $3,000,000. The only condition was that the company would sell those shares only to him at par, where, when, and if he wanted them. Further, he would buy the company's real estate holdings, appraised neutrally and highly at $16,000,000, paying at once in cash and Liberty bonds $4,000,000 and paying off the remaining $12,000,000 over a term of years by a trust...