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Atlas Corporation

atlas corporation, atlas corporation stock certificates
The Atlas Corporation OTC Pink: ATLR, is a corporation formed in 1928, in a merger of the United Corporation, an investment firm started in 1923 with $40,000, with Atlas Utilities and Investors Ltd The corporation specialized in capital formation and management In 1929, Atlas was a $12,000,000 investment trust1 The company was able to shrewdly weather the stock market crash and continue to grow through the 1930s and 1940s The corporation was founded by Floyd Odlum and his brother-in-law Boyd Hatch

With Floyd Odlum as president and Boyd Hatch as vice-president, Atlas invested, managed or controlled numerous industries, including Greyhound Lines, the Bonwit Teller acquired 1934 and Franklin Simon & Co acquired 1936 ladies’ apparel stores, Madison Square Gardenambiguous, and various mines, utility companies, aviation related businesses, and banks234 After Atlas Corporation acquired the Bonwit Teller ladies’ apparel stores, Floyd Odlum convinced his wife, Hortense Odlum, to become involved in the store’s operations She became the first female president of a major department store chain when she became president of Bonwit Teller in 1934567 In 1948, Howard Hughes acquired controlling interest in RKO from Atlas8 The Atlas Missile program was named after the Atlas Corporation,9 the contractor through its Consolidated Vultee Aircraft Corporation, later Convair subsidiary, which was used in the Mercury missions to send astronauts into orbit

Today, Atlas Corporation is a public company traded on the Pink Sheets with ticker ATLR The company has ownership in natural resources investments

Referencesedit

  1. ^ "Odlum Makes a Deal," TIME Magazine, Apr 1, 1940 retrieved Sep 1, 2008
  2. ^ "Archived copy" PDF Archived from the original PDF on 2006-07-12 Retrieved 2008-09-01  National Register of Historic Places description of Hatch’s Camp, Logan Canyon, Cache County, UT Sec 8, p 3-4 retrieved Sep 1, 2008
  3. ^ "Odlum's Busy Week," TIME Magazine, Jun 14, 1954 retrieved Sep 1, 2008
  4. ^ Pattillo, Donald M 2001 Pushing the Envelope: The American Aircraft Industry, University of Michigan Press, ISBN 0-472-10869-7
  5. ^ Odlum, Hortense McQuarrie, 1980 a woman's place: The autobiography of Hortense Odlum, Ayer Publishing, ISBN 978-0-405-12850-9
  6. ^ "Storekeeping Atlas," TIME Magazine, Oct 12, 1936 retrieved Sep 1, 2008
  7. ^ "Lady from Atlas," TIME Magazine, Oct 22, 1934 retrieved Sep 1, 2008permanent dead link
  8. ^ Barlett, Donald L and James B Steele, 2004 Howard Hughes: His Life & Madness, W W Norton & Company, ISBN 978-0-393-32602-4
  9. ^ Launius, Roger D; Jenkins, Dennis R 2015 To Reach the High Frontier: A History of US Launch Vehicles University Press of Kentucky p 100 ISBN 9780813148076 

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Atlas Corporation


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