Prentis Cobb Hale
Encyclopedia
Prentis Cobb Hale was an American
entrepreneur
.
The son of Prentis Cobb Hale I, who with two brothers, founded Hale Brothers & Co. Inc, in Sacramento in 1881. Prentis Cobb Hale II earned a bachelor's degree in 1933 and an Ll.B. in 1936, both at Stanford University
. In 1936, he began his business career as a stock clerk working in the basement of the family business, Hale Bros. Stores. By 1948, he was the company's president. Hale Bros. merged with Los Angeles
based Broadway Department Stores to form Broadway-Hale Stores Inc. He served as chairman of the new company from 1950 to 1972. Edward W. Carter succeeded Hale in the post, followed by Philip M. Hawley. The company, later known as Carter Hawley Hale Stores
Inc., owned the Emporium, Weinstock's and The Broadway, as well as Neiman-Marcus. Hale had four children, Linda Hale Bucklin, Hamilton "Hap" Hale, Hilary Hale Spencer and Prentis Cobb "Rusty" Hale III, with his first wife, Marialice Pat King Hale, who was aware of the longstanding affair between her husband and the well-known Hollywood socialite Denise Minnelli and committed suicide in March 1969, hours after telling a close friend that she knew her 33-year marriage to the father of her children was over. In 1971, he married his mistress, Ms. Minnelli, who by now was the former wife of director Vincente Minnelli
. He was also a vice president of the Bank of America and a member of the Bohemian Club
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
.
The son of Prentis Cobb Hale I, who with two brothers, founded Hale Brothers & Co. Inc, in Sacramento in 1881. Prentis Cobb Hale II earned a bachelor's degree in 1933 and an Ll.B. in 1936, both at Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
. In 1936, he began his business career as a stock clerk working in the basement of the family business, Hale Bros. Stores. By 1948, he was the company's president. Hale Bros. merged with Los Angeles
Los Angeles, California
Los Angeles , with a population at the 2010 United States Census of 3,792,621, is the most populous city in California, USA and the second most populous in the United States, after New York City. It has an area of , and is located in Southern California...
based Broadway Department Stores to form Broadway-Hale Stores Inc. He served as chairman of the new company from 1950 to 1972. Edward W. Carter succeeded Hale in the post, followed by Philip M. Hawley. The company, later known as Carter Hawley Hale Stores
Carter Hawley Hale Stores
Broadway Stores, Inc. was an American retailer based in Southern California. Known through its history as Carter Hawley Hale Stores and Broadway Hale Stores over time, it acquired other retail store chains in regions outside its California home base and became in certain retail sectors a regional...
Inc., owned the Emporium, Weinstock's and The Broadway, as well as Neiman-Marcus. Hale had four children, Linda Hale Bucklin, Hamilton "Hap" Hale, Hilary Hale Spencer and Prentis Cobb "Rusty" Hale III, with his first wife, Marialice Pat King Hale, who was aware of the longstanding affair between her husband and the well-known Hollywood socialite Denise Minnelli and committed suicide in March 1969, hours after telling a close friend that she knew her 33-year marriage to the father of her children was over. In 1971, he married his mistress, Ms. Minnelli, who by now was the former wife of director Vincente Minnelli
Vincente Minnelli
Vincente Minnelli was an American stage director and film director, famous for directing such classic movie musicals as Meet Me in St. Louis, The Band Wagon, and An American in Paris. In addition to having directed some of the most famous and well-remembered musicals of his time, Minnelli made...
. He was also a vice president of the Bank of America and a member of the Bohemian Club
Bohemian Club
The Bohemian Club is a private men's club in San Francisco, California, United States.Its clubhouse is located at 624 Taylor Street in San Francisco...
.