Word: thorntons
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...aviation, helped bankroll the beginnings of American, Pan American and Trans World Airlines. He was a friend to retail merchandising when other bankers scoffed, was financial angel to many of today's largest firms. "I bet on people more than balance sheets," Lehman once told Litton Chairman Tex Thornton, who recalls: "I blinked my eyes a couple of times when I heard that...
...contest day came, the volunteer fire department spread a barbecue, the ladies baked cakes and, although nobody ever explained why, a Green Beret unit from nearby Fort Bragg put on an exhibition of hand-to-hand combat. There was an upset in the women's division: Mrs. Anita Thornton, whose dinner call can be heard by her husband three miles away, lost to Mrs. Jeanne Marie Brown of New Orleans, who charmed the judges with her "Dismal Swamp Call." Dewey Jackson won the big gold trophy, as expected, then triumphed in the duet competition with his brother...
...years old at latitude 80° N., longitude 158°W., the University of Wisconsin's David Clark confidently predicted that no pack ice will chill Key Biscayne very soon. It was one of the few pieces of unequivocally good news heard lately, and it recalled Thornton Wilder's The Skin of Our Teeth, which described man's survival amid a new Ice Age and other trials...
...accusation struck Litton as somewhat ironic. The company traces part of a 1968 profit slide to Royal's poor performance in the electric-typewriter market-of which 80% is held by IBM. Litton Chairman Charles B. ("Tex") Thornton promises to fight the suit on grounds that the Triumph-Adler deal would in fact promote "effective competition" in the U.S. market...
...always effective; they can stumble as easily as they succeed. Harry Figge's "Automatic" Sprinkler Corp. went into a nosedive last year when strikes and production snags crippled two divisions, while a third ran into cost-control woes. Ogden Corp. suffered after its shipbuilding subsidiary hit rough weather. Tex Thornton's Litton ran into multiple trouble: losses in shipbuilding, engineering snags on a new typewriter, slumping sales of office furniture. Much to the dismay of investors, the company blamed its plight on management deficiencies...