When Boston underwriters Carver & Co. offered 102,000 shares of stock for sale in a new textile company, Ramie Mills of Florida Inc., the prospectus bore a familiar name, long absent from financial documents. President of Ramie Mills and now holder of 37,400 shares of stock is Richard Whitney, five times president of the New York Stock Exchange, who went to jail in 1938 for grand larceny.
Paroled in 1941, he had tried his hand at running a Cape Cod farm, worked himself up to a vice president's assistant in a fireworks...
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