Ely Reeves Callaway, Junior., the president of Burlington Textile, is an avid golfer. As he player, Callaway forever used wooden golf clubs manufactured by a company called Hickory Sticks. Like many of the old wooden club manufacturers, Hickory Sticks was in financial difficulty and began looking for investors to bail them out. One of the group they approached was Callaway. He had just sold his wine vineyards for a nice profit next was looking for a different investment. Why not, he thought, com

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