Zeckendorf empire collapses under Webb & Knapp bankruptcy
William Zeckendorf, famed real estate mogul, faces collapse as creditors press Webb & Knapp into Chapter 11. Trustee Mortimer Caplin seeks to reorganize the firm amid $68.6 million liabilities and $5.4 million in back taxes, with assets largely tied to Roosevelt Field and Gulf States holdings.
MENTIONED IN THIS ARTICLE
New York
William Zeckendorf
Zeckendorf
Webb & Knapp, Inc
Zeckenderf Sai
Mortimer Caplin
Webb & Knapp
Caplin
Internal Revenue
Saii
Web & Knapp
Zekendorf
Marine Midland Trust Co
Manhattan
Marine Midland
Roosevelt Field, Inc
Gulf States Land and Industries Inc
Internal Revenue Service
Gordon to bow out as GM president Tuesday
General Motors will select a new president and chief operating officer Tuesday in New York, ending John F. Gordon’s 43 year tenure. Gordon, who turned 65, began at GM in 1923 and led the firm through twenties of growth, wartime production, and a high in pay and profits for 650000 workers across 24 countries.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
John F. Gordon
New York
Gordon
University of Michigan
Cadillac
Leasure Named Turn Foreman at Zincgrip Dept
William R Leasure was appointed turn foreman in Armco Steel Middle town Works Zincgrip coating department per Dr Holstein manager. Leasure joined Armco in 1946 as a clockman in timekeeping and soon moved to Zincgrip puis promoted to assistant turn foreman earlier this year.
MENTIONED IN THIS ARTICLE
William R. Leasure
Holstein
Armco Steel
Middletown Works
Leasure
Croydon Lane
Armco
Smith
Cleveland
Nashville
Lauth Appointed Armco Planner
Henry H. Lauth of 4530 Hannah Drive was named production planner in Armco Steel Corp Middletown Works scheduling department. He joined Armco in 1958.
MENTIONED IN THIS ARTICLE
Henry H. Lauth
Hannah Drive
Armco Steel Corp
Middletown Works
Armco
Sales Supervisor Named by Allied in Middletown Area
Jacob Simmons is appointed area sales supervisor for Allied Distributing Co. He will work with the GE Appliance Center at the Middletown Shopping Center and the Goodyear Store at 47 N Broad St to advise residents on central air conditioning installations. Simmons resides at 2844 Spring Grove Ave Cincinnati and handles GE central heating and cooling equipment for residential, office, and commercial use.
MENTIONED IN THIS ARTICLE
Jacob Simmons
Allied Distributing Co
General Electric
Middletown
Tom Wides
Allied
Simmons
Goodyear
N. Broad St
Fairfield Allied
Spring Grove Ave
Cincinnati
My Doll ships with owner likeness in New York
Jet Party Favors of Bronx, New York introduces My Doll carved from a submitted photo to mirror the child’s face on a two foot body. The product highlights include facial coloring by plant artists and a serialized likeness process.
MENTIONED IN THIS ARTICLE
New York
Jet Party Favors Inc
Bronx
N. Y
Armco consolidates engineering services under Cain leadership
Armco Steel announces a corporate consolidation of engineering services led by Paul Cain. Transfers include Morris Smith as manager of special development and George Schneidler as administrator of cost efficiency standards, with Funk and Danner taking key industrial engineering roles. Tunisia plans Jerba holiday city with six hotels and a guaranteed big tourism project along the Mediterranean.
MENTIONED IN THIS ARTICLE
Armco Steel Corps
Paul Cain
W. C. Higdon
Morris Smith
George A. Schneidler
Carl H. Funk
Thomas A. Danner
Smith
Middletown Works
Schneidler
Midletown
Funk
Armco
Metal Products
Industral
Danner
Middletown
Denver
Rocky Mountain
Headquarters of
Tunisia
Jerba
Mediterranean
Armco promotes five trainees to district sales reps
Armco Steel Corp assigns five sales trainees to field offices as sales correspondents rise to district sales representative posts. Frahiman to Chicago district, Heineman to Detroit, Jones to Cleveland, Mann to Wichita, and Peter Smith to St Louis with Hart moving Dayton from St Louis.
MENTIONED IN THIS ARTICLE
Armco Steel Corp
Warren N. Frahlman
Daniel C. Heineman Jr
Frank A. Jones
Delbert F. Mann
Peter M. Smith
Phillip R. Hart
David K. Smith
Frahiman
Charles Court
Frankin
Chicago
Armco
Middletown
Detroit
Heineman
Reading
Armco Butler Works
Jones
Milton Road
Cleveland
Mann
Manchester Road
Wichita
Metal Products Division
Peter Smith
Dayton
St. Louis
Hart
Real Estate Buyers Firm Organized in Middletown
A new corporation formed to buy sell and exchange real estate held its first shareholders meeting. Tom Baird Jr. was elected president with Tony Tenore as vice president Jerry Harkrader as treasurer and Rose Bowen as secretary all members of the Middletown Board of Realtors John Crist serves as attorney for the firm.
MENTIONED IN THIS ARTICLE
Zeckendorf
Long Island Sound
Greenwich
Conn
Bekman Place
Manhattan
Webb & Knapp
Wiliam Jr
Real Estate Buyers’ Investment Corp
Tom Baird Jr
Severance Pay Of Employes To Be Held Up
Kansas officials obtained a temporary injunction against Armour & Co to stop severance pay to 551 Kansas City plant workers when the plant closes on May 29 as the state seeks delinquent taxes. Wayne E. McCoy, Kansas director of revenue, filed the petition.
MENTIONED IN THIS ARTICLE
Kansas City, Kan
Kansas
Armour & Co
Kansas City
Wayne E. McCoy
Revenue
Lau Blower Co. Earnings Up For First Half
Lau Blower Co of Dayton reports six months ending April 30 sales of 8 485 197 up from 7 601 255 and earnings of 466 439 or 61 cents a share versus 344 310 or 45 cents. Second quarter earnings dipped slightly due to nonrecurring expenses and prep for the 1965 humidifier season. A 12 cent dividend was declared payable June 21 to shareholders of record May 28.
MENTIONED IN THIS ARTICLE
Lau Blower Co
Dayton
Tom Byrd
Byrd
Richter Elected ASAE Official
Donald W. Richter was elected vice chairman of the Ohio Section of the American Society of Agricultural Engineers. He is Armco Steel Corp supervising sales engineer and was one of three vice chairmen chosen at the Columbus meeting. The society meets twice yearly to discuss trends and research for members.
MENTIONED IN THIS ARTICLE
Donald W. Richter
Trenton-Franklin Road
Ohio
American Society of Agricultural Engineers
Richter
Armco Steel Corp
Columbus
Almoney elected president of OSU 2nd District
Robert W. Almoney president Loan League for Citizens Federal of Dayton is chosen district No 2 president at the spring conference at the Manchester Motor Inn. He succeeds Allen H. Bechtel. Other officers elected include M Heber Felton and Charles Schardine. About 150 savings and loan executives attended. F Lester Jonte urged broader powers for lending and investment. He urged authority for college loans and home financing.
MENTIONED IN THIS ARTICLE
Citizens Federal of
Dayton
The
Ohio Savings and
Almoney
Manchester Motor Inn
Allen H. Bechtel
Citizens Savings & Loan of
Middletown
M. Heber Felton
Eaton Loan & Home Aid Co
Charles Schardine
Dollar Federal
Hamilton
F. Lester Jonte
Cincinnati
Ohio League
Joseph E. Linville
League
Jonte
Savings and Loans
Also Mentioned on This Page
Pounder
Ville Marie
Montreal
Mile High Center
East River
United Nations
John D Rockefeller Jr
Ben
Philadelphia
Harlow H. Curtice
Leasure New
Wleasure
Lauth
Enryvice
Middleton
Stock Exchange
Piqua
Ringfield
Richmond
City & State
Inland Veterans—Service
Inland Container Corp
Neibar St
Charles Preusch
Roy Truesdell
Luther Collins
J. Roger Sumner
Elmo Vanderpool
George Allen
Clifton Barnett
Robert Johnson
Earl Gressle
Amprobe Instrument Corp
Lynbrook
Lee Filter Corp
Edison
N. J
George Schneidler
Carl Funk
Thomas Danner
Keystone Fanchise Systems
Mansfield Tire and Rubber Co
Keystone Car Care Centers
Choice Ohio
Russell J. Miller
National
Keystone Franchise Systems
Dept. 1
P.O. Box 495
Mansfield, Ohio
Asae
Almoney President
OSU 2Nd District
Robert W. Almoney
President Loan League
Joseph Allen
Eighth Ave
Defense
Dayton Signal Corps Supply Agency
DESC
Middletown Banker’s Assoc
Barnitz Bank
First National Bank OF Middletown
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