Word: shooters
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...about 1:30 p. m. Earl Durand strode into the First National Bank at Powell. He had a six-shooter on his hip, a .30-.30 rifle in his hands, pockets bulging with cartridges. Bank President Bob Nelson, his three employes and five customers reached for the ceiling. Durand grabbed $3,000 in cash, then started shooting crazily through the bank's windows and walls. "They'll plug me anyway," he told his frightened captives. When he had fired 40 or 50 shots he bound Nelson, Cashier Maurice Knutson and Teller John Gawthrop together by the wrists with...
...engaging hero, red-headed Ray Talcott, son of an Illinois storekeeper, was only 13 when he headed West. He was equipped with a fish line, jackknife, agate shooter, $13, a strong will not to return until he was big enough to thrash his browbeating father. His adventures along the way might have been told by Mark Twain -capture by a mean reward-hunter, whose precocious daughter petted him, stole his $13; escape and recapture and escape again; apprenticeship to a kindly windbag who dyed Ray's hair black, stained his face, billed him in his medicine show as Little...
...Fonts put him in to run U. S. Rubber in January 1929. He had worked his way through Yale, become an engineer, built fabulous Hopewell, Va. for the Du Fonts in Wartime, and moved up to manage various Du Pont enterprises. He had a record as a trouble shooter and a trouble shooter was what U. S. Rubber needed in 1929. This biggest unit in the industry had been internally unsound when the Du Fonts bought into it in 1927 and 1928. Francis Davis, diagnosed its troubles as twofold: the general collapse of crude-rubber prices that began...
...Trouble-shooter Davis could do nothing to stop the sickening fall of rubber from its 1925 high of $1.25 a pound to 2⅛? a pound in 1932, but he could do a little to lighten the effect of huge inventory losses on his company. He did it by slashing his inventory and accounts receivable (i. e., by selling part of his business) and the proceeds he applied to reducing the funded debt, thereby saving interest charges. While the deficit piled up and stockholders gave up, he wiped out $40,000,000 of that debt in three years. Meanwhile...
...very well with Vanitie and Yankee but in 1931, lonely after separating from his first wife, he returned to business, as J. P. Morgan & Co.'s trouble-shooter for the slipping Gillette Safety Razor Co. His bet was that he would lift the earnings to $5 per share, or take no pay. If he succeeded, he would get 20,000 Gillette shares, and 20,000 more if earnings reached $6. Depression kept him from lifting earnings above $1.98 after four years of trying, but the new one-piece Gillette which opens up like a clamshell is basically his invention...