Evening star. [volume], May 04, 1937, Page A-12, Image 12

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
KNUDSEN NAMED
G. M. C. PRESIDENT
Succeeds Sloan, Who Moves
Up to Board Chair
manship.
9r «>• Associated Press.
DETROIT, May 4.—William S.
Knudsen became president of General
Motors Corp. today, succeeding Alfred
P. Sloan, jr., who moved up to the
board chairmanship, with broad ex
ecutive powers in policy development
and finance.
▲ statement by Sloan issued last
night In New York following a meet
ing of the directorate said changes in
the corporation's organization involved
"a broader distribution of the ex
ecutive load” to permit concentration
of more attention on the policy phase,
"becoming, through evolution, of
greater and greater importance.”
A dividend of $1 a share on com
mon stock was declared payable June
12 to stockholders of record May 13.
A regular quarterly dividend of $1.25
was declared on the $5 preferred
stock, payable August 2 to stockhold
ers of record July 6.
v rruin urmnarK.
Knudsen, executive vice president
since June, 1933, and a prominent fig
ure in last Winter’s successful strike
parley with Gov. Frank Murphy and
Labor Leader John L. Lewis, came to
the United States from Denmark at
the age of 20, a mechanic looking for
opportunities.
Bom in Copenhagen March 25, 1879,
Knudsen was interested In bicycles,
but after working in a shipbuilding
plant and a railroad boiler shop finally
entered the infant automobile industry
and advanced swiftly with it.
He was factory manager for John
R. Keim Mills in Buffalo, N. Y„ when
tile Ford Motor Co. purchased it in
1911. He leaped ahead in the Ford or
ganization, having charge of construc
tion of domestic and foreign assembly
plants, boat building during the World
War and finally automotive production
In Detroit.
In 1922 he joined General Motors
Corp. As vice president in charge of
Chevrolet production he jumped out
put in one year from 76.000 to 240,000
units.
Duties to Be Increased.
Sloan’s statement said Knudsen
“will assume complete responsibility
aa to administration of all the corpora
tion’s operating divisions and subsidi
aries other than those of a strictly
financial nature.”
This would add to Knudsen's present
duties. In charge of all automotive
units in the United States and
Canada, the administration of all for
eign units and such companies as
Diesel and Frigidaire.
Two new vice presidents were
elected. They are Marvin E. Coyle
and Floyd O. Tanner, the latter in
charge of labor relationships.
The Finance and Executive Com
mittees were abolished and two new
committees, both headed by Sloan,
created to deal respectively with policy
and administration.
Lammot Dupont declined re-election
as chairman of the board In view of
the enlarged operating responsibilities
now attached to that position.
EAST SLIGO CITIZENS
TO ELECT WEDNESDAY
toeelal Dispatch to Ths Star.
SILVER SPRING, Md., May 4 —
tost Sligo Valley Citizens’ Association
Will elect officers at a meeting Wed
nesday night in the Liquor Control
Board Building.
Candidates have been announced as
fellows: For president, Walter C. De
Groot; first vice president, Paul
Thompson and R. L. Torreyson; sec
ond vice president, S. A. Foster; secre
tary, Phillip J. Austensen, and treas
urer, Granville C. Stagg. For dele
gates to the Montgomery County Civic
Federation, Edwin Bennett, Torreyson,
De Groot, Stag, Austensen, A. H.
Franks, Foster, Boyner and W. Y.
Bond.
Among resolution* which will be
introduced will be one voicing opposi
tion to a State tax.
Cashier-Doctor
TELLS OF FAKE LICENSE
TO PRACTICE.
WILLIAM F. DEWS,
The former assistant bank
cashier of Wood River, III.,
who testified in diploma mill
trial in St. Louis Federal
Court. He said he obtained
fake medical license and,
while practising in Arkansas,
delivered "quite a few babies—
perhaps a dozen’’
—A. P. Photo.
]
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At. I/.
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DAYLIGHT SAVING
TIME IS OPPOSED
Kenilworth Citizens Prefer Stand
ard System—Peake and
Calvert Get Support.
Opposition to placing the District
on a daylight saving time schedule
was voiced in a resolution passed by
the Kenilworth Citizens' Association
last night.
Discussion brought out belief that
the individual citizen would not bene
fit, on the ground that the proposal
would “enable the Government and
large employers to profit on the ad
ditional work that could be done by
the workers in the cool hours of the
morning.”
The association recommended ap
pointment of Col. W. L. Peake as
general superintendent of penal in
stitutions of the District to fill the
vacancy caused by retirement of M.
M. Barnard. Col. Peake is super
intendent of Lorton Reformatory.
Alfred D. Calvert, a member of the
Lincoln Park Citizens’ Association,
was recommended for appointment to
a vacancy on the Board of Education.
Two bills introduced in the House
of Representatives, one providing for
limitation on the number of taxicabs,
the other compulsory liability insur
ance on all vehicles, were favored.
Weekly attendance at British movie
theaters Is now 19,500,000.
ADVICE ON GRAPEFRUIT
OFFERED HOUSEWIVES
Ey the Associated Press.
COLLEGE PARK, Md„ May 4 —
Miss Margaret McPheeters, extension
service nutrition specialist, suggested
today that Appea'ance Is not every
thing in grapefruit, since the finest
colored specimen often has the poorest
flavor and the least juice.
She offered this advice to house
wives:
"Grapefruit of good quality Is well
shaped, firm but springy to touch,
heavy, thin-skinned and never soft,
wilted or flabby. Russeting does not
injure the flavor; rather, It improves
it. Generally speaking, most of the so
called defects found on grapefruit in
markets, such as scale, thorn scratches
and discolorations, are of no conse
quence and have no effect on eating
quality.”
-——-•
Italy plans to subsidize low-priced
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