Word: vaughans
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...came. It seemed to be a losing battle from the start. With 16 of its 19 plants shut down, Curtiss-Wright began losing out on orders from the Air Force. It also got little business from civilian customers. It still had $100 million in cash, but President Guy W. Vaughan was saving it for a rainy...
Stockholders, who thought the rainy day had arrived, last spring clamored that the money should be spent for dividends. Curtiss-Wright paid out $17,000,000 but the stockholders were not quieted. Still faced with rebellion, Vaughan upped himself to board chairman two months ago, raised Wright Aeronautical Vice President William C. Jordan to president and asked Investment Banker Paul V. Shields to help him put some new life into the company. Last week the new life came in-and Curtiss-Wright got one of the biggest shakings-up of its 30-year career...
...Roland Berner, Manhattan lawyer and leader of the stockholder group which had tried to break Vaughan's control...
October. In Memphis, Fred Smith explained to the court why his car had crashed into Noel Vaughan's house: he thought that somebody else was driving...
...neither expects nor inspires pomp & circumstance, he still likes to sit up late over a poker table, drinks branch water and bourbon, and roars when his military aide, Major General Harry Vaughan, tells an off-color joke. He has learned to duck embarrassing questions, but he is still capable of insisting stubbornly that the spy hearings are "a red herring" long after the charge has become ridiculous...