BUYERS ASSUME ROYAL AIR WITH BRITISH LORDSHIPS.(Business)

Daily News (Los Angeles, CA) | February 25, 1996 | Copyright

Byline: David J. Morrow The New York Times

When Victor Podd decided to rustle up some new business three years ago for Powertex Inc., his packaging company, he didn't join an association or double his advertising.

Instead, he wrote a $30,000 check to the Manorial Society of Great Britain and became the Baron of Newcastle, buying a 900-year-old title put on the block by an aristocrat in need of quick cash.

The acquisition paid some fast dividends. Formerly sequestered at Powertex headquarters in Rouses Point, N.Y., a hamlet near the Vermont border, ...

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