Word: scharbauer
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Dates: during 1930-1939
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...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 he and his wife were the guests of Manhattan...
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