Word: stutz
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...Stutz to Stutz...
Died. Allan A. Ryan, 61, Wall Street operator who cornered Stutz Motor stock in 1920 (forcing the price from $70 to $724 a share), then lost even his Exchange seat; of a heart attack; in San Francisco. Because he denounced his late, great father for taking a second wife twelve days after the death of his first, Financier Ryan was cut off with a set of pearl studs in the $135,000,000 will of Tobacco Baron Thomas Fortune Ryan...
Time was when short, swart, flamboyant Harry Stutz roared around the country in his racer, brought back cups to Indianapolis to show that the Stutz was the fastest U. S. car. In 1916 Manhattan financiers made him a good offer for his company, and he sold out. Stutz Motor Car Co. of America Inc. had 13 resounding deficits during the next 16 years...
...Harry Stutz died in 1934. That year Stutz Motor Car Co. made just six cars. It borrowed1 $266,000 from RFC., At last, as a final indignity, it started making door-to-door delivery wagons for butchers and bakers instead of low, fast, flashy cars for racing drivers, and "Bearcats" for college boys. Some of the new commercial models could be driven standing up; even that did not help. Last year the company subsided into 77B, trustees began casting about for reorganization plans acceptable to two-thirds of the creditors. Last week Federal Judge Robert Baltzell gave...
...days later WTA headquarters in Washington furnished Director Stutz with a statement of total ($12,847,274) and administrative ($513,821) WPA expenditures in Kansas for the first six months of 1936. Director Stutz said it was inadequate...