Maurice Wertheim
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Maurice Wertheim
Maurice Wertheim (February 16, 1886 – May 27, 1950) was an American investment banker, chess player, chess patron, art collector, environmentalist, and philanthropist. Wertheim founded Wertheim & Co. in 1927. Biography Born to a Jewish family, the son of Jacob Wertheim of Hartford, Connecticut, and his wife, Hannah Frank of Hoboken, New Jersey, Wertheim was educated at the Sachs School in New York. He then graduated from Harvard University in 1906 with a B.A. and received his M.A. in 1907. In his freshman year, he lived in Matthews Hall in Harvard Yard. He began work at his father's firm, the United Cigar Manufacturers Company. He would later inherit nearly half a million dollars from his father, due to his success with the company. In 1915, he entered into a career as an investment banker in New York, and four years later would become a firm partner of Hallgarten & Company. He founded his own firm Wertheim & Company in 1927, developing a very successful business in ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Hoboken, New Jersey
Hoboken ( ; Unami: ') is a city in Hudson County in the U.S. state of New Jersey. As of the 2020 U.S. census, the city's population was 60,417. The Census Bureau's Population Estimates Program calculated that the city's population was 58,690 in 2021, ranking the city the 668th-most-populous in the country. With more than , Hoboken was ranked as the third-most densely populated municipality in the United States among cities with a population above 50,000. Hoboken is part of the New York metropolitan area and is the site of Hoboken Terminal, a major transportation hub for the tri-state region. Hoboken was first settled by Europeans as part of the Pavonia, New Netherland colony in the 17th century. During the early 19th century, the city was developed by Colonel John Stevens, first as a resort and later as a residential neighborhood. Originally part of Bergen Township and later North Bergen Township, it became a separate township in 1849 and was incorporated as a city in 1855 ...
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Franklin D
Franklin may refer to: People * Franklin (given name) * Franklin (surname) * Franklin (class), a member of a historical English social class Places Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, an unincorporated community in the Rural Municipality of Rosedale, Manitoba * Franklin Glacier Complex, a volcano in southwestern British Columbia * Franklin Range, a mountain range on Vancouver Island, British Columbia * Franklin River (Vancouver Island), British Columbia * Franklin Strai ...
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Presidency Of Franklin D
A presidency is an administration or the executive, the collective administrative and governmental entity that exists around an office of president of a state or nation. Although often the executive branch of government, and often personified by a single elected person who holds the office of "president", in practice, the presidency includes a much larger collective of people, such as chiefs of staff, advisers and other bureaucrats. Although often led by a single person, presidencies can also be of a collective nature, such as the presidency of the European Union is held on a rotating basis by the various national governments of the member states. Alternatively, the term presidency can also be applied to the governing authority of some churches, and may even refer to the holder of a non-governmental office of president in a corporation, business, charity, university, etc. or the institutional arrangement around them. For example, "the presidency of the Red Cross refused to support h ...
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War Production Board
The War Production Board (WPB) was an agency of the United States government that supervised war production during World War II. President Franklin D. Roosevelt established it in January 1942, with Executive Order 9024. The WPB replaced the Supply Priorities and Allocations Board and the Office of Production Management. The WPB directed conversion of companies engaged in activities relevant to war from peacetime work to war needs, allocated scarce materials, established priorities in the distribution of materials and services, and prohibited nonessential production. It rationed such commodities as gasoline, heating oil, metals, rubber, paper, and plastics. It was dissolved shortly after the Surrender of Japan, defeat of Japan in 1945 and was replaced by the Civilian Production Administration in late 1945. In 1942–1945, WPB supervised the production of $183 billion (equivalent to $ in ) worth of weapons and supplies, about 40 percent of the world output of munitions. ...
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One-dollar Salary
A number of top executives in large businesses and governments have worked for a one-dollar salary. One-dollar salaries are used in situations where an executive wishes to work without direct compensation, but for legal reasons must receive a payment above zero, so as to distinguish them from a volunteer. The concept first emerged in the early 1900s, where various leaders of industry in the United States offered their services to the government during times of war. Later, in the late 1990s and early 2000s, many business executives began accepting one-dollar salaries—often in the case of struggling companies or startups—with the potential for further indirect earnings as the result of their ownership of stock. Dollar-a-year men In the early-to-mid-20th century, "dollar-a-year men" were business and government executives who helped the government mobilize and manage American industry during periods of war, notably World War I, World War II, and the Korean War. U.S. law forbids ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Hallgarten & Company
Hallgarten & Company was an investment bank based in New York City that was founded in 1850 by Lazarus Hallgarten, a native of Hesse. History Lazarus Hallgarten arrived in the United States in 1849. His initial activity was as a note and exchange broker opening an office at 20 Exchange Place in 1850. This yielded a moderate income and enabled him to start as a banker. Initially the firm was called Hallgarten & Herzfeld (the other partners being Joseph Herzfeld, Samuel Neustadt, William Rosenheim and Hallgarten's two sons), which eventually became Hallgarten & Co. from January 1, 1867 after Herzfeld retired. After 1865 the firm developed into a stock and bond dealing house. The founder maintained his connections back in Europe and cultivated the flow of German capital into American railroad investments in the post-Civil War era. Lazarus Hallgarten died in 1875, and Rosenheim and Neustadt left the partnership. Both retiring partners returned to Germany with Rosenheim (who was marr ...
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United Cigar Manufacturers Company
The United Cigar Manufacturing Company building is an historic building located at York, York County, Pennsylvania. History The building was constructed as a cigar factory in 1907 by the United Cigar Manufacturing Company of New York City. United Cigar was formed in 1902 by the consolidation of Kerbs, Wertheim & Schiffer; Hirschhorn, Mack & Company; and Stratton & Storm Company. It was subsequently incorporated in New York under the same name in 1906. As of 1907, the company owned and operated 19 factories in New York, Pennsylvania and New Jersey and manufactured 400 million cigars annually for the wholesale market.The Boston Evening Transcript, 21 February 1907, pg 2 col 1 It became the General Cigar Company about 1917. The cigar factory was operated for an undetermined period as the York City Cigar Company. After 1932, the building housed printers and clothing manufacturers and is currently used as an apartment building. The building was added to the National Register of Histo ...
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Harvard Yard
Harvard Yard, in Cambridge, Massachusetts, is the oldest part of the Harvard University campus, its historic center and modern crossroads. It contains most of the freshman dormitories, Harvard's most important libraries, Memorial Church, several classroom and departmental buildings, and the offices of senior University officials including the President of Harvard University. The Yard grew over the centuries around Harvard College's first parcel of land, purchased in 1637. Today it is a grassy area of bounded principally by Massachusetts Avenue, Cambridge Street, Broadway, and Quincy Street. Its perimeter fencingprincipally iron, with some stretches of brickhas twenty-seven gates. Subdivisions The center of the Yard, known as Tercentenary Theatre, is a wide grassy area bounded by Widener Library, Memorial Church, University Hall, and Sever Hall. Tercentenary Theatre is the site of annual commencement exercises and other convocations. The western third of Harvard Yard, ...
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List Of Harvard Dormitories
This is a list of dormitories at Harvard College. Only freshmen live in these dormitories, which are located in and around Harvard Yard. Sophomores, juniors and seniors live in the House system. Apley Court South of Harvard Yard on Holyoke Street, Apley Court has the most spacious rooms among the freshman dorms; accommodations include marble bathrooms. Formerly part of Adams House, it is the only one of the Gold Coast apartment buildingsluxurious private apartments built south of the Yard in the late 1890sto now be a freshman dormitory. Notable residents have included T. S. Eliot. Canaday Hall Completed in 1974, it is the newest dormitory in Harvard Yard. Seen from the air its seven buildings resemble a question mark. It is named after Ward M. Canaday, former president and major shareholder of the Willys, manufacturer of Jeeps during World War II. Canaday's construction immediately followed the 1969 student takeover of University Hall, and certain features of its design wer ...
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