Matching family tree profiles for Theodore Gary
About Theodore Gary
son of George Gary and Catherine Pettit, married Nannie Ogdan, Helen Fairbanks Larrabe,and Annie Laurie Green(widow of Ross Larrabe)... he was a Telephone Co Executive, utilities magnate, first chairman Mo. State Highway Commission, and town benefactor of Macon City.
Potent in banking, Transamerica Corp. also has an interest in many an industrial such as General Foods. Last week it became associated, on an international scale, with a major utility. Prelude to the deal was formation of General Telephone & Electric Corp., whose primary purpose will be to extend the development of Associated Telephone & Telegraph Co. Behind the new company with Transamerica are Theodore Gary & Co. of Kansas City ($20,000,000 stock to be taken by them) and British interests who have participated with Theodore Gary & Co. in Associated's development (to this group: $6,000,000 worth of stock). Chief of these British associates is Sir Alexander Forbes Proctor Roger, director of some 20 companies, chairman of several. Of these, British Insulated Cables, Ltd., is most potent.
Because of the vastness of American Telephone & Telegraph Co., other U. S. interests in the telephone field have long been overshadowed, little known. But the rise of Theodore Gary, onetime lightning rod salesman, in the telephone industry has been dramatic. In 1897 he bought out a small system in Macon, Mo., soon extended his field in all directions. What seemed the culmination of this career came when, with his British backing, he formed Associated Telephone & Telegraph in 1926. This company took over none of the Gary telephone systems in the U. S., but makes equipment in the U. S., also has manufacturing plants in Great Britain and Belgium. In this field it runs into competition with International Telephone & Telegraph. Its customers include the government telephone systems of Great Britain, Australia, Japan, also some subsidiaries of A. T. & T. The company and its subsidiaries operate 300,000 telephones having systems in British Columbia, Portugal, Colombia, big investments in other systems. Despite its international nature, Associated's principal headquarters are in Chicago.