Word: agreement
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Dates: during 1960-1969
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Demolition on the site will not begin until new housing is found for the residents, and subsidized, if necessary. By the agreement reached last week, at least one-third of all journeymen and one-half of all apprentice workers building the school will be recruited from minority groups, and a "substantial number of contracts" will be placed with Negro businessmen in the area...
Perhaps the most unorthodox concept of the agreement negotiated by the college and state, local and Negro representatives is a community council to be formed within a month to establish nonprofit community-housing cooperatives. The council will ensure that local Negroes have a hand, in every phase of the new housing, which will be built on 64 Central Ward acres retrieved by the city from the school's orieinal 150-acre site...
Kenneth Clark, prominent Negro psychologist and Howard trustee, read the agreement at 2 p.m. on the steps of the Administration Building before a noticeably tired group of 2500 students...
Last week the Gas Council, with an obvious advantage in the bargaining, won its point. The council signed its first major sales agreement with a consortium headed by Phillips Petroleum of the U.S. and including Petrofina of Belgium, Italy's state-owned oil company AGIP, and a string of individual British investors. In 1969, the Phillips group will begin pumping natural gas ashore from its field at Hewett Bank, 20 miles off the East Anglican coast, under a 25-year contract that calls for a buildup to 350,000,000 cu. ft. daily by the seventh year...
City's big stroke was the tentative agreement to acquire Allis-Chalmers. If the stock-swap deal, worth some $366 million at current prices, comes off as planned, one of the nation's longest-running merger dramas will come to an end. Since last summer, the huge farm-and industrial-equipment maker has spurned the courtship of Dallas' LingTemco-Vought, been dropped by General Dynamics and forcefully wrenched from a third merger prospect, Signal Oil. That, reportedly, was the work of Kleiner, Bell & Co., a Beverly Hills brokerage firm, which holds some 15% of Allis-Chalmers stock...