Word: weesner
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Dates: during 1960-1969
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...scratching, is not unscratched. Five years ago, the Manhattan-based Bon Ami Co. was looted of $3,000,000 by Swindler Alexander Guterma (TIME. Feb. 23, 1959). As Guterma was packed off to jail, a reform management team, headed by dapper airline and hotel operator R. (for nothing) Paul Weesner, 51, moved in to put Bon Ami back on its feet. Last week, in New York State Supreme Court, a mounting stack of complaints and affidavits charged that the chick had been plucked again by its new keepers and demanded that a receiver be appointed...
Lined up against Chairman Weesner and four fellow Bon Ami officers was a formidable coalition: Tel-A-Sign Inc.. a Chicago billboard manufacturer which last month bought 16.5% (88,703 shares) of Bon Ami's outstanding stock, plus two former Bon Ami employees-ex-Vice President Olen Webb, 40. and his wife Pat, 44. who for more than ten years was Weesner's $12,000-a-year private secretary. Guided by Tel-A-Sign's largest stockholder. Attorney Roy Cohn, 35. onetime Boy Friday to the late Senator Joe McCarthy, the coalition charged that Weesner...
Denying all these accusations. Weesner last week insisted that the real purpose of the suit was to "bludgeon" Bon Ami (which showed a $300,000 profit for the first half of this year) into a merger with Tel-A-Sign (which lost $455,000 in the past fiscal year). Bitterly Weesner charged that Pat Webb had taken advantage of her position as his secretary to steal company records, and was now indulging in "distortion of those records, double-dealing, broken agreements." As for the cottage-priced bird cage, Weesner snapped: "Sure I have this macaw. This bird and I take...