TITLE

Who's Afraid of the Big Bad Wolfson

AUTHOR(S)
Goodman, Walter
PUB. DATE
April 1955
SOURCE
New Republic;4/11/55, Vol. 132 Issue 15, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses a meeting of Montgomery Ward & Co. shareholders. The meeting was held on March 22, 1955. Louis E. Wolfson, the chairman of Montgomery Ward & Co. said that it was a company's duty and responsibility to pay dividends as much as they can pay if they have to change management every year to do it. Wolfson concluded by charging the poor decadent management with a lack of trusteeship in seeing that dividends are paid to you people and in forcing the price of this stock so low that people entitled to profit will never see it.
ACCESSION #
14439279

 

Related Articles

  • Why worry? Brennan, Goddu rack up bucks. Balu, Rekha // Crain's Chicago Business;07/14/97, Vol. 20 Issue 28, p4 

    Presents information on Montgomery Ward Holding Corporation's former chief executive officer (CEO), Bernard Brennan and its current CEO, Roger Goddu who are also shareholders in the bankrupt company. Terms of Brennan's consulting agreement with the company; Reference to Brennan and Godda...

  • Montgomery Ward cuts loss to $971M. Ryan, Thomas J. // WWD: Women's Wear Daily;4/5/1999, Vol. 177 Issue 64, p14 

    Reports on Montgomery Ward Holding Corp.'s reduction of its loss to $971 million according to a filing with the Securities and Exchange Commission. Company's sales performance for the year ended December 31, 1998; Improvement in the company's gross margins; Montgomery's bankruptcy proceedings.

  • Ward's cuts its 1st-period loss. Ryan, Thomas J. // WWD: Women's Wear Daily;5/27/1999, Vol. 177 Issue 102, p5 

    Highlights the financial performance of Montgomery Ward & Co. for the first quarter ended April 3, 1999. Increase in same-store sales; Gross margin; Gains in appliance, consumer electronics, furniture and home furnishings; Reorganization costs.

  • Sears Up, Wards Down.  // Time;4/5/1954, Vol. 63 Issue 14, p85 

    The article reports on the growth of mail-order house Sears, Roebuck & Co. and the depression facing its rival Montgomery Ward & Co. While Sears, Roebuck has expanded since World War II with additional retail outlets and new store openings in Latin America, Montgomery Ward has closed down an...

  • Ward & Co sells a piece of history.  // EG: Estates Gazette;6/4/2005, Issue 522, p113 

    Reports on the sale of the Dockyard Church of Saint Paul in Kent, England by Ward & Co. as of June 2005. Historical background of the church; Final price of the building; Remarks from auction director David Allen regarding the features of the property.

  • A Bargain Christmas.  // Time;12/12/1960, Vol. 76 Issue 24, p94 

    The article reports on the discount made by toys manufacturers in the U.S. for the Christmas season. It cites the toy manufacturers which cut the prices of toys from 30 to 40 percent including Sears Roebuck & Co. and Montgomery Ward & Co. It notes the toy products sold for cheaper prices such as...

  • THE WOMAN WHO STOOD UP TO WALL STREET. Warren, Elizabeth // Cosmopolitan;May2014, Vol. 256 Issue 5, p110 

    An interview with Senator of Massachusetts Elizabeth Warren is presented. When asked about the role of her family in shaping her career, she refers to her daddy who sold carpets in Montgomery Ward and Co. in the year 1960. She commented on dropping out of college to getting married. She believes...

  • Ward's squelches relocation rumors.  // Crain's Chicago Business;5/9/94, Vol. 17 Issue 19, p62 

    Reports on the denial issued by Montgomery Ward & Co. over speculation that it is relocating from its Chicago, Illinois headquarters to the suburbs or elsewhere.

  • Ward's healer needs new magic. Veverka, Mark // Crain's Chicago Business;3/11/96, Vol. 19 Issue 11, p1 

    Focuses on changes made and changes that needs to be made at Montgomery Ward & Company. Effects of these changes; Suggestion from analysts; Profits for 1995; Information on Montgomery Ward; Expansion for Ward; Comments by Chairman Bernard Brennan.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics