Word: woodforde
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...Died. Woodford Fitch ("Wood") Axton, 63, president of Axton-Fisher Tobacco Co., largest independent tobacco company in the world, maker of Spuds, 10? cigarets (Twenty Grand) & smoking tobacco (White Mule, Old Loyalty); of heart disease; at Wildwood, near Skylight, Ky. A thoroughly enlightened capitalist, he limited his salary to $10,000 a year, unionized his plant, boasted he had fought the ''tobacco trust" and never been beaten. His company's net sales were $23,704,029 in 1933, $28,551,842 last year. He raised blooded stock, owned Betsy Hopeful, "the $42,500 wonder cow," and Hank...
...There were no stockholders present, except the directors. With proxies representing some 2,000,000 shares, the directors voted on routine matters, elected three directors, including Senior Partner George Emlen Roosevelt of Roosevelt & Son. After a quick adjournment they climbed in their private car and went away. Nobody in Woodford County knew they had come or gone except two State agents...
Last week Dover elected as mayor for his tenth term John Wallace Woodford. secretary of Richardson & Robbins, a big Mason and an eloquent orator who learned his art from a correspondence school. Mayor Woodford receives no salary, tiny Dover being run by a city manager. His victory was also tiny. He received all of the 26 votes cast...
Revenge. Most colorful of the 10?-cigaret men are President Reed of Larus & Brother (White Rolls) and Woodford Fitch Axton, burly president of Axton-Fisher Tobacco Co. (Twenty Grand). Both grew up fighting the old tobacco trust, both, until recently, were heads of small independent companies producing chiefly pipe and chewing tobaccos. In the early days of the century when American Tobacco Co. was gobbling up independents in the South, William T. Reed was one of its bitterest foes. He used to hide in grocery store cracker barrels to get evidence against the Trust's agents...
...Woodford Axton was selling groceries around eastern Kentucky when, in 1899, a debtor paid him in tobacco-preparing machinery. The debt was $60. Salesman Axton decided to sell tobacco instead of food, began peddling his product from town to town. Soon the trust was after him, too, giving away tobacco to his customers when he refused to sell out. Big and hearty, "Wood"' Axton had enough friends to stay in business. He formed Axton-Fisher Tobacco Co. with a partner, George H. Fisher, now dead. They moved from Owensboro to Louisville and began selling smoking and chewing tobaccos throughout...