Word: wolfson
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Dates: during 1950-1959
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Three years ago Chalk bought Washington's well-hated, strike-bound transit system from Louis Wolfson, who had milked it of millions. Chalk put up only $500,000 of his own money, borrowed $9,100,000, plus a $3,900,000 mortgage, to take over a company with a book value of $27 million. He started out by painting Washington's buses glaring green and coral, installed shapely stewardesses on streetcars, last summer rolled out 100 new buses (67 of them air-conditioned) in a downtown parade with four bands, bathing beauties, clowns, calypso dancers. Hoopla-and hustling...
Keith D. Lowe '60 and Ernest E. Pell '59 last night won the coveted Boylston Prizes for Elocution. James C. Marlas '59, Mark J. Mirsky '61, and John S. Wolfson '60 each received second prizes in the contest, one of the University's oldest and most distinguished...
MERRITT-CHAPMAN & SCOTT will sell up to $22.5 million worth, or 60%, of its 80.5% stock interest in N.Y. Shipbuilding. Louis Wolfson, chairman of both companies, says Merritt-Chapman will retain management control. N.Y. Shipbuilding plans to acquire Higgins, Inc., New Orleans boat builder, through an exchange of stock worth...
James C. Marlas '59, Mark J. Mirsky '61, Keith D. Lowe '60, Robert P. Fichter '61, E. Eugene Pell '59, John S. Wolfson '60, John E. Lawyer, Jr. '60, and Ralph B. Perry...
Last week, in a humbler mood, the Post ran another editorial about Tycoon Wolfson. Asserting that it was doing so to avoid expensive and protracted litigation, the paper announced it was contributing $25,000 to a Wolfson charity, the Baptist Memorial Hospital in Jacksonville. "On his part," said the Post, "Mr. Wolfson is withdrawing the suit without any payment...