If you've been to New York City, chances are you've dined on food from Gregory Papalexis' empire. Papalexis, who died Nov. 18 at 86, was the CEO of Marathon Enterprises, which owns Sabrett hot dogs. Sabrett is as famous for its blue-and-yellow umbrellas as for the franks sold from stainless-steel pushcarts all over the streets of New York. After finishing college, Papalexis used a $2,500 GI loan to buy his father's bakery and sold rolls from the trunk of a Cadillac. In 1989 he bought the Sabrett brand, which now sells 35 million lb. of hot dogs each year. Sabrett had...
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