“I don’t know where I’m going,” O. Roy Chalk once said. “I just know I’m going.” Chalk’s still going as he nears 80, this time into the off-site storage business. His latest venture, File-A-Way Storage, will utilize something he’s got plenty of: empty space.
This chart depicts O. Roy Chalk’s expensive — and expansive — plans for a research and development limited partnership centered around the machine-tool industry. It accompanied Chalk’s draft prospectus for DCTECH Research Center Partners, Ltd. Here’s what it means: General Partner. In the center of the chart is the general partner, DCTECH Research Centers, a wholly owned subsidiary of
UP ON MICHIGAN AVENUE, N.E., where Washington’s battered buses once rumbled into huge garages for a night of rest and rehabilitation, the machines, materiel, and manpower are quietly being readied. Inside these cavernous quarters, an impressive array of sleek state-of-the-art equipment — some of it said to be one of a kind — has been assembled, tested, and retested.
At 45 minutes past midnight on July 1, 1955, a haggard Walter J. Bierwagen, president of the D.C. Transit Workers Union, left the negotiation room that recently had become his home away from home. For months, the 2,400 or so members of his union had been seeking a quarter-an-hour raise and a few other contract sweeteners from the Capital Transit Company, which operated most of the buses and all of the streetcars within the metropolitan Washington area.
Under the Counter
START WITH A BANG, GO OUT WITH A WHIMPER. When Dwight Schar’s NVHomes launched a hostile takeover bid for Ryan Homes on September 29, Ryan’s executives weren’t exactly pleased. They turned to the proverbial poison pill, outfitted themselves with platinum parachutes, and denounced Schar’s bid as “illusory, misleading, and unlawful.” They called NvHomes’s $45-a-share tender offer “inadequate” and urged
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