Word: schoellkopf
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...interests, four times as big as the Morgan and Drexel interests. To speak of United Corp. as the Morgan-Bonbright group is no longer correct. It is the Morgan-Bonbright-Carlisle group. And to serve history fully, a fourth name should be added to the hyphenated group, that of Schoellkopf, the family which has been carried to wealth and power by Niagara Falls. In 1850 Jacob Fred Schoellkopf started a flour mill above Niagara Falls, powered by an old-fashioned water wheel. In 1890 the use of water for electric power was introduced and he put in a plant, made...
...Marine Union Investors, Inc. represented a unification of Up-State utility men and bankers. Niagara Share was formed last June to act partly as a Niagara-Hudson holding company, partly as an investment trust. It is dominated by the Schoellkopf family, with whom Mr. Carlisle is associated in Niagara-Hudson. Marine Union Investors was formed in January 1929 by the same group ? notably George Franklin Rand, Jacob F. Schoelkopf Jr. and Seymour H. Knox ? who later organized Marine Midland Corp., hundred-million-dollar group-banking unit (TIME, Sept. 30). It also was partly a Marine Midland holding company...
...Niagara-potent, dye-making Schoellkopf family gave $1,500,000. Teachers in Buffalo's public schools gave $23,244. Publisher Edward Hubert Butler of Buffalo's Evening News gave $50,000. The Hoefler Ice Cream Co. gave $2,500. Driver Cooke and three other trustees gave $800,000. Out-of-town alumni sent $29,450 and 175 students at the Law School raised $2,963.50. . . . When finally the crusade was over and all the cash in hand, Driver Cooke said: "I'm very happy-and goddam tired...
...fund, Julius Rosenwald of Chicago gave $50,000 toward the foundation of the chair. Henry Goldman '78 subscribed $40,000, and Felix Warburg of New York City subscribed $25,000. The other donors included C. J. Liebman '98, of New York; Theodore Battenhausen of New York; J. F. Schoellkopf of Buffalo, N. Y; Julius Goldman of New York City;, P. M. Warburg of New York City; F. A. O. Schwarz '24; and Henry Schwarz '29, both of Greenwich, Connecticut...
...this purpose he formed the Marine Union Investors, Inc., then conceived of a super-holding company which would control banks throughout the country. Last week the super-holding company became an actuality. Banker Rand's Marine Union Investors, Inc., together with Stone & Webster and Blodget, Inc., White, Weld & Co., Schoellkopf, Hutton & Pomeroy, Inc., announced plans for the Marine Midland Corp., to be capitalized at approximately...