Word: wright
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Dates: during 1920-1929
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Financier Clement Melville Keys, who controls Curtiss Flying Service, has been trying to buy Sikorsky Aviation Corp. for some time, to merge it with what has become Curtiss-Wright Corp...
...United the deal looked wise. It lines up one of the best planes in the world with other United subsidiaries-Boeing, Vought, Hamilton Metalplane, Pratt & Whitney motors, Pacific Air Transport, Boeing Air Transport, Stout Airlines.* Whether Curtiss Flying Service, a subsidiary of United's competitor Curtiss-Wright Corp., will continue to sell Sikorsky planes was last week unannounced...
...Curtiss-Wright Corp.'s man, Dee Tobin, was a third U. S. entrepreneur at Rio con tending for the same contracts...
...corporation is a company and a company is a corporation, but in the official names of industrial establishments, Co. and Corp. should never be confused. Last week in Brooklyn many a stockholder in a Curtiss-Wright Aeronautical Co. thought himself wealthy, discovered himself tricked. He had bought (at from $25 to $30 a share) stock in Curtiss-Wright Aeronautical Co. He knew that Curtiss and Wright were famed aviation names, were also famed aviation companies. He knew also that Clement Melville Keys' Curtiss Aeroplane and Motor Co. had merged with Richard F. Hoyt's Wright Aeronautical Corp. Obvious...
Investigation (conducted by Deputy Assistant Attorney-General Francis J. Quillinan) demonstrated that the only connection between the (Keys-Hoyt) Curtiss-Wright Corp. and the Curtiss-Wright Aeronautical Co. was in the misleading similarity of the names. Organizers of Curtiss-Wright Aeronautical Co. had located (or invented) an airplane mechanic named Curtiss Wright, had christened their company after him. Assets, other than the name, were small. Stock-sale profits, however, should have been considerable. According to the Attorney-General's office, stock was optioned to Broker Cyrus Brin for 66^ a share, reoptioned to Broker H. D. Strahman...