Word: steeled
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...quickly assumed that his wife, who had battled her way to the top of London society, would now top the tenth largest steel company in the U. S. Would Cleveland furnaces roar to dine London Dukes? Would laboring thousands depend for jobs upon a distant lady's whim? Truth might again be stranger than the cinema, especially in a company with such a cinematic history...
...district. The late Frank Rockefeller, brother of John D. Rockefeller and the late William Rockefeller, was his partner. John D. Rockefeller loaned them money, taking a mortgage on the ore lands. He foreclosed the mortgage for needs of his own and later sold the minerals to the U. S. Steel Corp., prof iting greatly. Captain Corrigan was wrecked financially. Frank Rockefeller nourished an antagonism toward his brother John...
Captain Corrigan then formed a partnership with the late Judge Stevenson Burke of Cleveland to make steel. They prospered, but in 1900 tragedy overtook Corrigan when his yacht Idler sank in Lake Erie, and Mrs. Corrigan, three daughters and a grandchild were drowned...
Meanwhile the inexplicable had happened. Price McKinney, who had been making the partnership a stronger and stronger factor in the U. S. steel industry, reorganized it as a corporation. He could do so because he was trustee of the Corrigan estate. The new company's name was the McKinney Steel Co., with Price McKinney president. "Young Jim" Corrigan was vexed and left his London jovialities with 40% of McKinney Steel stock, bought 13% more, became president of the company...
Corrigan re-named the concern the Corrigan-McKinney Steel Co. It is the tenth largest of the U. S. steel group,* but not yet is it to be guided by a woman. "Young Jim," who had bucked and reared under a trusteeship, had fashioned a trust bridle for his widow. She may sell her steel shares; she cannot vote them. That power lies with the Union Trust Co. of Cleveland and John H. Watson Jr., elected last week president of the corporation...