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Lester Crown
Lester Crown (born June 7, 1925) is an American businessman and is the son of Chicago financier Henry Crown (died 1990), who created the Material Service Corporation with two brothers in 1919, which merged with General Dynamics in 1959. Crown has been a perennial member of the Forbes 400 list since 1982. He controls family holdings, including large stakes in Maytag, Hilton Hotels, Alltel, Aspen Skiing Company, New York's Rockefeller Center, and pro basketball's Chicago Bulls. He also holds a 13% stake in the New York Yankees, an increase from 10% when he was an original limited partner with George Steinbrenner's investment group in 1973. Presumably, the large stake held in Bank One at the time of the 2003 Forbes 400 listing has converted to JPMorgan Chase stock and was derived from an interest in First Chicago Bank, which was enumerated in the 1998 Forbes 400 list as First Chicago NBD shares. Recent achievements include brokering a controversial agreement to expand O'Hare In ...
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Henry Crown
Henry Crown (; June 13, 1896 – August 14, 1990) was an American industrialist and philanthropist. Among other things, he founded the Material Service Corporation, which merged with General Dynamics in 1959. At the time of his death, he was a billionaire. Henry Crown and Company, of which he is the namesake, is an investment firm that owns or has interests in a variety of business assets. From 1951 to 1961, he was the owner of the Empire State Building. Early life and career Crown (birth name: Henry Krinsky) was born in 1896 to Jewish immigrants from Lithuania. He was the third of seven children of a sweatshop worker, Arie Krinsky (1861–1937), and his wife Ida (1871–1956) . His father changed the family name to Crown while Henry was a boy. Crown did not attend school past the eighth grade. In 1915, at the age of 19, he and his elder brother Sol founded S. R. Crown & Company, a steel broker. Sol later died of tuberculosis, and in 1919, his brother Irving joined him. In the ...
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Limited Partnership
A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner. Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability. The GPs are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership. As in a general partnership, the GPs have actual authority, as agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary c ...
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RC Cola
RC Cola (short for Royal Crown Cola) is an American brand of cola invented by Claud A. Hatcher in 1905. Royal Crown Ginger Ale was the first product of the RC Cola line, and it referred to the original ingredient: ginger. More ingredients were introduced under the RC Cola name including lemon, strawberry, and cane sugar. In the 1950s, Royal Crown company was leading the beverage industry to sell the first canned soft drinks, followed by the first caffeine-free cola. Despite the company's innovation and mass advertising campaign, total revenue was low due to a lack of initiative in distribution. RC Cola is owned and distributed by Keurig Dr Pepper for the United States and RC Global Beverages Inc. for international markets. History In 1901, the Cole-Hampton-Hatcher Grocery Store was established in Columbus, Georgia. In 1903, the Hatcher family took sole ownership and the name was changed to the Hatcher Grocery Store. The grocery store was located at what was 22 West 10th St ...
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Chemical Engineering
Chemical engineering is an engineering field which deals with the study of operation and design of chemical plants as well as methods of improving production. Chemical engineers develop economical commercial processes to convert raw materials into useful products. Chemical engineering uses principles of chemistry, physics, mathematics, biology, and economics to efficiently use, produce, design, transport and transform energy and materials. The work of chemical engineers can range from the utilization of nanotechnology and nanomaterials in the laboratory to large-scale industrial processes that convert chemicals, raw materials, living cells, microorganisms, and energy into useful forms and products. Chemical engineers are involved in many aspects of plant design and operation, including safety and hazard assessments, process design and analysis, modeling, control engineering, chemical reaction engineering, nuclear engineering, biological engineering, construction specificat ...
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Wilmette, Illinois
Wilmette is a village in New Trier Township, Cook County, Illinois, United States. Bordering Lake Michigan and Evanston, Illinois, it is located north of Chicago's downtown district. Wilmette had a population of 27,087 at the 2010 census. The first and only Baháʼí House of Worship in North America is located here. Wilmette is also home to Central Elementary School and Romona Elementary School, both recent recipients of the National Blue Ribbon award bestowed by the U.S. Department of Education. Geography Wilmette is located on the western shore of Lake Michigan and is a near northern suburb of Chicago, immediately North of Evanston at (42.077178, -87.723736). The North Shore Channel drainage canal is supplied with water from Lake Michigan at Wilmette Harbor. According to the 2010 census, Wilmette has a total area of , of which (or 99.83%) is land and (or 0.17%) is water. Wilmette has a well-developed urban forest and since 1983 has enjoyed " Tree City" status. As ...
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Chicago Council On Global Affairs
The Chicago Council on Global Affairs is a global affairs think tank, describing itself as "a nonpartisan, nonprofit organization dedicated to increasing knowledge and engagement in global affairs and empowering more people to help shape our global future." The organization is based in the Chicago Loop at Two Prudential Plaza. History The Council was formed on February 20, 1922. Originally named The Chicago Council on Foreign Relations, the organization was established as a neutral forum for discussing foreign affairs during a period of isolationism in the United States after World War I. Adlai Stevenson served as president of The Chicago Council from 1935 to 1937. The Council launched ''World Spotlight'' in 1955, a weekly television series airing on WTTW. The series aired for about 5 years and featured Council Director Carter Davidson and guests, who discussed world events. In 1971, John E. Rielly became executive director of the Council, and in 1974, became president, servi ...
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Commercial Club Of Chicago
The Commercial Club of Chicago is a nonprofit 501(c)(4) social welfare organization founded in 1877 with a mission to promote the social and economic vitality of the metropolitan area of Chicago. History The Commercial Club was founded in 1877 as a capitalist reaction to the Great Upheaval, a national labor strike that began with railroad workers in Martinsburg, West Virginia. In 1907, the Commercial Club merged with the Merchants Club (organized in 1896). In 1933, the Industrial Club of Chicago (organized in 1905) joined. Its most active members included George Pullman, Marshall Field, Cyrus McCormick, George Armour, Frederic Delano, Sewell Avery, Rufus C. Dawes, and Julius Rosenwald. The club championed member Daniel Burnham's Plan of Chicago (1909), also known as Burnham's plan. The plan gave the blueprint for the future growth and development of the entire Chicago region. Activities The Commercial Club addressed many other progressive reform issues: supported street cle ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority s ...
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Cook County Hospital
The John H. Stroger Jr. Hospital of Cook County (formerly Cook County Hospital) is a public hospital in Chicago, Illinois, United States. It is part of the Cook County Health and Hospital System, along with Provident Hospital of Cook County and several related centers, which provides public primary, specialty, and tertiary healthcare services to residents of Cook County, Illinois. Cook County Hospital was founded 1832, and became an innovative teaching hospital. In 2001-2002, it moved into new quarters adjacent to its historic Beaux-Arts complex in the Illinois Medical District and was renamed for hospital board president John Stroger Jr. Facility and location Stroger employs 300 attending physicians and over 400 fellows and residents. It has of floor space, and 464 beds. It is located at 1901 W. Harrison Street, and is a part of the 305 acre (1.2 km2) Illinois Medical District on Chicago's West Side, which is one of the largest concentrations of medical facilities in ...
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O'Hare International Airport
Chicago O'Hare International Airport , sometimes referred to as, Chicago O'Hare, or simply O'Hare, is the main international airport serving Chicago, Illinois, located on the city's Northwest Side, approximately northwest of the Loop business district. Operated by the Chicago Department of Aviation and covering ,, effective December 30, 2021. O'Hare has non-stop flights to 214 destinations in North America, South America, the Caribbean, Europe, Africa, Asia, the Middle East, Oceania, and the North Atlantic region as of November 2022. As of 2022, O'Hare is considered the world's most connected airport. Designed to be the successor to Chicago's Midway International Airport, itself nicknamed the "busiest square mile in the world," O'Hare began as an airfield serving a Douglas manufacturing plant for C-54 military transports during World War II. It was renamed Orchard Field Airport in the mid-1940s and assigned the IATA code ORD. In 1949, it was renamed after aviator Edward "Bu ...
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First Chicago NBD
First Chicago Bank was a Chicago-based retail and commercial bank tracing its roots to 1863. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with the former National Bank of Detroit). In 1998, First Chicago NBD merged with Banc One Corporation to form Bank One Corporation, today a part of Chase. History Founding and early history On July 1, 1863, banker Edmund Aiken and his partners invested $100,000 to found a new federally chartered bank that could take advantage of the National Banking Act of 1863, which allowed national banks to exist along with state-chartered institutions for the first time. First Chicago received National Bank charter No. 8. The new bank known as The First National Bank of Chicago, or The First, grew steadily in the 1860s, financing the American Civil War. The First merged with Union National Bank in 1900 and with the Metropolitan National Bank in 1902 ...
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First National Bank Of Chicago
First Chicago Bank was a Chicago-based retail and commercial bank tracing its roots to 1863. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with the former National Bank of Detroit). In 1998, First Chicago NBD merged with Banc One Corporation to form Bank One Corporation, today a part of Chase. History Founding and early history On July 1, 1863, banker Edmund Aiken and his partners invested $100,000 to found a new federally chartered bank that could take advantage of the National Banking Act of 1863, which allowed national banks to exist along with state-chartered institutions for the first time. First Chicago received National Bank charter No. 8. The new bank known as The First National Bank of Chicago, or The First, grew steadily in the 1860s, financing the American Civil War. The First merged with Union National Bank in 1900 and with the Metropolitan National Bank in 190 ...
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