Word: stewardship
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Dates: during 1930-1939
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...Stewardship Questioned, No member of the American Law Institute, Lawyer Roosevelt as President of the U. S. wrote: "Today our stewardship as lawyers is being Questioned. The laymen of America are not, perhaps, quite so disposed to make a complete delegation of law matters to law men. At least, the layman asserts his right to evaluate us. Law scholars, law practitioners, lawmakers, law administrators, and law interpreters have the stage today. . . . They must play their roles before an intense and sometime critical audience...
...these days of changing social, economic and political values," Sears, Roebuck's President Robert E. Wood wrote to stockholders last week, "it seems worth while in this annual report ... to render an account of your management's stewardship, not merely from the viewpoint of financial reports, but also along the lines of those general broad social responsibilities which cannot be presented mathematically." Mathematically for the No. 1 U. S. mail order house, 1936 scarcely could have been better. Sears enjoyed the best year in its history. So did its older and smaller rival, Montgomery Ward & Co., which reported...
...story behind that reduction is the story of Francis Davis' stewardship of U. S. for the past eight years. In 1927 the du Fonts bought control of U. S. Rubber, plucked Francis Davis from the presidency of a du Pont subsidiary (Viscoloid), told him to salvage what had been the No.1 U. S. rubber company as late as 1925. Whittling the company's debt of $81,000,000 to $53,233,000, Rubberman Davis consolidated operations, modernized tire-making methods, pushed other rubber products, went in for Lastex, a patented, elastic spun yarn which is knitted or woven...
...does a good business each year carrying coal, oil and farm products. It joins the L. & A. at Shreveport. The man who built the Kansas City Southern into a first-class railroad was bush-bearded old Leonor Fresnel Loree of the Delaware & Hudson R.R., ousted from his post of stewardship on the K.C.S. last year by Paine, Webber after a long-drawn-out fight at the corporate polls...
...legacies and only a few claims had been paid. Furthermore, the estate was hope lessly insolvent. Widow Esther C. B. Busby filed objections to the accounting, sought removal of the bank as executor and payment to her of surcharges equal to losses sustained during the bank's stewardship. She lost her suit after hearing her friend "Mel" Traylor admit he had made a bad guess by not liquidating the estate to get it out of a dangerous speculative position in a falling market (TIME, Nov. 20, 1933). Widow Busby went to the Cook County Circuit Court, but lost again...