Business & Finance: First Firemen

Rare is the bright young businessman who would not like to get control of a good little company, manufacture a good product, sell it under a good trade name. Two young men who did that were Thomas Harry Banfield and the late Cyrus Jury Parker, partners in a Portland, Ore. construction firm that they founded in 1909 with $700 cash. They did not discover their product until 1923, when they bought a local iron works as an adjunct to their contracting.

Among the iron works' assets were jigs, tools, drawings for a mechanical stoker....

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